Fund Accounting Controller (DCS)

We need to output HTML fragment with sections: About the role? The posting includes description paragraphs before responsibilities. We need to use

for section headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. Only include sections when posting has real specific content. We have content: description about Petra and role (could be "About the role"). Then responsibilities list. Then qualifications list. Then benefits list. Then salary range (Pay). No schedule info. No skills separate? Could embed skills within qualifications? But we can have Skills section if there is specific skill content: they mention Advanced Excel skills, fluency with fund accounting/GL systems; Sage or QuickBooks experience is a plus; Experience with Northern Trust as an administrator; Comfort using AI platforms. That could be Skills. However we must not invent sections; we can create Skills if there is specific skill content. The qualifications already includes many items; but we can separate. We need to avoid repeating job title as heading. No Job ID. We must remove boilerplate: cookie/navigation/legal/EEO etc. Not present. We must preserve all substantive info. We need to format lists with

• . For prose use

  . We need to include Pay section with salary range. We must not include sections with placeholder text. Let's extract content. About the role: The initial paragraphs describing Petra and the role. We'll combine into a paragraph. Responsibilities: bullet list under headings: Review & Sign-Off, Technical Accounting & Presentation, Fund Economics, Treasury Oversight, Audit & Administrator Oversight, Governance, Process & Team. Each has sub-bullets. We'll need to represent as list items; maybe each main responsibility as

• with internal
  for subpoints? The instruction: Use
  • for any list of duties/requirements/benefits. It doesn't forbid nested lists. We'll do top-level
    with each responsibility as
    • and inside maybe
      for subpoints. Qualifications: list of qualifications. We'll do
      • each. Skills: list of skills: Advanced Excel skills, fluency with fund accounting/GL systems; Sage or QuickBooks experience is a plus; Experience with Northern Trust as an administrator; Comfort using AI platforms to work more efficiently. We'll make
        • . Benefits: list: 90% covered medical, dental, and vision insurance premiums; Fully funded HSA employer contributions up to IRS maximum; 401(k) employer match at 100% up to 5% compensation; Flexible paid time off; Generous holiday calendar; Hybrid work environment; Funded amount prorated for new hires. Also mention Certified Great Place to Work etc? That's under "What We’re Proud Of" maybe not benefits. Could be separate section? Not required. We'll keep benefits as above. Pay: Salary Range $122,000 - $183,000 per year. Also note base salary only, actual pay depends on qualifications etc. We'll include that as prose. Schedule: none, so omit. We must not repeat job title as heading. Let's craft HTML. Start with

          About the role

          then

          ...

          . Then

          Responsibilities

          then
          with li. We need to preserve all substantive info: include the duplicated sentences? The posting had duplicated paragraph about role; we should not repeat duplicate content. We'll include once. Let's write About the role paragraph: "Petra Funds Group is a single source provider for the fund administration and fund infrastructure needs of Private Equity and Debt Funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us. Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who have spent years working inside of asset managers is what truly differentiates us. Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first. This role sits directly with one of Petra's clients, an established alternative investment manager that runs private equity/buyout funds, credit funds, and deal-by-deal co-investment vehicles and SPVs. The client's day-to-day fund accounting is performed by a third-party administrator, but the firm retains full ownership of review, technical accounting positions, and everything that goes out to investors, auditors, and tax authorities. This hire is one of two being added to build out that internal review function from the ground up and will manage a Senior Fund Accountant while partnering closely with the client's broader accounting team." That captures. Now Responsibilities list: We'll create items: - Review & Sign-Off: - Serve as second-level reviewer over all administrator-prepared and Senior-reviewed workpapers: close packages, allocations, waterfalls, PCAPs, remaining commitment schedules, financial statements, and management fee calculations. - Review and approve capital calls, distributions, and investor notices before release. - Approve manager expense reimbursement packages and the allocation methodologies underlying them; hold final authority on fund vs. manager expense determinations. - Sign off on financial statements before release to auditors, investors, or lenders. - Technical Accounting & Presentation: - Own accounting treatment for new, unusual, or judgmental transactions. - Own presentation and disclosure: financial statement format, schedule of investments, footnotes, financial highlights, expense ratios, and IRR presentation under ASC 946. - Apply US GAAP, ASC 946, and ASC 820, and maintain the fair value hierarchy and Level 3 roll-forward. - Address subscription facilities, leverage and credit facilities, PIK income, restructurings, recycling, and recallable distributions. - Own consistency of presentation across funds and periods. - Fund Economics: - Review and validate distribution waterfalls and carried interest accrual/reversal positions and their financial statement presentation. - Review management fee calculations, step-downs, and offsets. - Confirm economic terms are applied consistently with the LPA and side letters. - Treasury Oversight: - Step in on wire input when the Senior Fund Accountant is unavailable, and review payment models and callback verifications. - Own the bank relationship and account structure, including oversight of account openings. - Review cash reconciliations across all entities and own resolution of aged or unexplained breaks. - Own platform liquidity: cash forecasts, call sizing, expense funding, and use/repayment of subscription or credit facilities. - Audit & Administrator Oversight: - Own the external audit relationship: planning, timeline, PBC coordination, negotiation of accounting positions, and resolution of adjustments. - Own the administrator relationship: service levels, deliverable calendar, quality expectations, error tracking, and escalation. - Governance, Process & Team: - Maintain internal controls over fund accounting, wire release, and expense approval. - Review K-1 support and coordinate with the client on tax reporting; approve partner-level allocation data before it goes to tax preparers. - Develop and supervise the Senior Fund Accountant, and lead process improvement and system implementation as the platform grows. Now Qualifications list: - 10+ years of progressive accounting experience, including prior experience as a Controller, Assistant Controller, or senior fund accounting manager at a private equity or credit manager. - Experience with closed-end private equity and credit vehicles; exposure to co-invest vehicles, SPVs, parallel and feeder structures, and blockers. - Deep command of US GAAP, ASC 946, and ASC 820, with the ability to research an issue and reach a defensible conclusion. - Direct ownership of a financial statement package, including format, footnotes, financial highlights, and schedule of investments. - Experience running an audit from the client side, including negotiating positions and resolving proposed adjustments. - Fluency in LPAs and side letters, with the ability to independently determine whether a calculation matches the governing documents. - Demonstrated experience overseeing a third-party administrator, including holding them accountable for quality and timeliness. - A mix of public accounting and in-house fund experience. - Advanced Excel skills and fluency with fund accounting/GL systems; Sage or QuickBooks experience is a plus. - Experience with Northern Trust as an administrator. - Comfort using AI platforms to work more efficiently. But note some of these overlap with Skills. We'll keep qualifications as above (maybe exclude the skill-specific ones). However the instruction: Use sections only when posting has real specific content. We have qualifications content. We can also have Skills section for the skill-specific items: Advanced Excel skills, fluency with fund accounting/GL systems; Sage or QuickBooks experience is a plus; Experience with Northern Trust as an administrator; Comfort using AI platforms to work more efficiently. Thus Qualifications list will exclude those skill items. Let's separate. Qualifications: - 10+ years of progressive accounting experience, including prior experience as a Controller, Assistant Controller, or senior fund accounting manager at a private equity or credit manager. - Experience with closed-end private equity and credit vehicles; exposure to co-invest vehicles, SPVs, parallel and feeder structures, and blockers. - Deep command of US GAAP, ASC 946, and ASC 820, with the ability to research an issue and reach a defensible conclusion. - Direct ownership of a financial statement package, including format, footnotes, financial highlights, and schedule of investments. - Experience running an audit from the client side, including negotiating positions and resolving proposed adjustments. - Fluency in LPAs and side letters, with the ability to independently determine whether a calculation matches the governing documents. - Demonstrated experience overseeing a third-party administrator, including holding them accountable for quality and timeliness. - A mix of public accounting and in-house fund experience. Skills: - Advanced Excel skills and fluency with fund accounting/GL systems; Sage or QuickBooks experience is a plus. - Experience with Northern Trust as an administrator. - Comfort using AI platforms to work more efficiently. Benefits list: - 90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain. - Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan. - 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away. - Flexible paid time off to recharge, travel, or take care of what matters most. - Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year. - Hybrid work environment that offers flexibility and supports work-life balance. - Funded amount is prorated for new hires. Also mention recognition: Certified Great Place to Work®, Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™. This is not benefits but could be a separate section like "What We’re Proud Of". Not required headings list includes Benefits, Pay, Schedule, etc. Not listed. Could we add a section for "What We’re Proud Of"? Not in allowed headings list. The instruction: Use

          for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). It says e.g., implying those are examples but we should stick to those? It says use

          for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). Likely we should only use those headings. So we should not add extra headings. We could incorporate the recognition into Benefits or About the role? Probably better to add a brief sentence in About the role or Benefits? It's not a benefit but could be included in About the role as extra info about company. We'll add a sentence at end of About the role: "Petra Funds Group is a Certified Great Place to Work® and