Fund Accounting - Director

About the role

Petra Funds Group is seeking a Fund Accounting Director to join our dynamic team. This role leads and oversees a fund accounting team, ensuring the delivery of accurate and timely financial reports to our clients. The ideal candidate will be a technical expert in fund accounting, serving as a trusted advisor to clients and driving process improvements.

Responsibilities

• Lead the fund accounting team in the preparation and review of financial statements and capital activity, ensuring compliance with GAAP and other relevant accounting standards.
• Serve as the primary point of contact for key clients, addressing their needs and ensuring that their expectations are consistently met or exceeded.
• Oversee the monthly, quarterly, and annual closing processes, ensuring accuracy and timeliness in all deliverables.
• Drive process improvements and implement best practices to enhance the efficiency and effectiveness of the fund accounting function.
• Mentor, coach, and develop the fund accounting team, fostering a culture of continuous learning and professional growth.
• Contribute to strategic planning and decision-making at the senior leadership level, providing insights and recommendations based on expertise in fund accounting.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field; CPA or equivalent designation is preferred.
• 15+ years of experience in fund accounting, with a strong understanding of Fund Accounting.
• Demonstrated leadership experience, with the ability to manage, mentor, and develop a team.
• Deep knowledge of GAAP, financial statement preparation, and fund administration processes.
• Strong client management skills, with the ability to build and maintain relationships with key stakeholders.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate across departments and with clients.
• Proactive, organized, and solution-oriented, with a relentless focus on accuracy and attention to detail.
• Able to thrive in a fast-paced environment, managing multiple priorities, requests, and deadlines.

Qualifications

• Ability to work independently and as part of a team.
• Experience with fund accounting software and systems.
• Knowledge of regulatory requirements and industry best practices.

Skills

• Strong analytical and problem-solving skills.
• Excellent organizational and time management skills.
• Effective written and verbal communication skills.
• Ability to work under pressure and meet tight deadlines.

Benefits

• Salary Range: $146,000 - $219,000 per year.
• Comprehensive benefits package including:
• 90% covered medical, dental, and vision insurance premiums.
• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum.
• 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting.
• Flexible paid time off to recharge, travel, or take care of what matters most.
• Hybrid work environment that offers flexibility and supports work-life balance.

Pay

• $146,000 - $219,000 per year.

Schedule

• Hybrid work environment.