Fund Accounting Manager

About the Role

Gen II Fund Services, a leading tech-enabled Private Equity Fund Administrator, is seeking a Fund Accounting Manager to join our growing team. The role provides deep exposure to the full private equity fund lifecycle, including newly launched and first‑to‑market funds in sports, oil and gas, real estate, credit and more. You will lead and mentor teams supporting top‑tier sponsors while driving process improvements, expanding your expertise, and contributing to the continued success of one of the industry’s most respected platforms.

Responsibilities

• Work closely with the Director/Managing Director managing daily Fund Operations.
• Manage the operations and accounting of an existing fund independently.
• Interface and manage a client/business with limited guidance.
• Familiarity with LPA and other governing documents; extract key economics, compile, and document thorough summaries.
• Supervise, manage, and direct a small accounting staff, if required.
• Oversee and provide guidance on the initial set‑up of client fund deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in‑depth review and sign‑off prior to Director/Managing Director review.
• Perform multiple levels of review/analysis of financial reports, capital events, and complex private‑equity transactions.

Requirements

• Bachelor’s degree in Accounting, Economics, and/or Finance.
• 7+ years of relevant Private Equity Fund/Investment Company Accounting & Reporting experience.
• Ability to learn quickly on the job, apply learning to clients, and recommend solutions.
• Adaptability to changing processes and procedures in a rapidly changing environment.
• Management and supervisory experience.
• Excellent verbal, written, and interpersonal communication skills.
• Strong attention to detail and accuracy.
• Superior problem‑solving, judgment, and decision‑making skills.
• Independent thinking, prioritization, multitasking, and ability to meet deadlines.
• Extensive Microsoft Suite skills – Excel (pivots), Word, PowerPoint, and Outlook.

Preferred Experience

• CPA certification.
• Sound knowledge of Investment Company Accounting (ASC 946), economics (waterfalls and allocations), and fund structures (corporate, partnership, tax blockers, etc.) within an organization chart.
• Understanding of investor classifications.
• Knowledge of reporting for investment funds/companies and investors under US GAAP (ASC 946) and IFRS.
• Ability to prepare and review financial statements.
• Experience with governing documents such as LPAs, advisory agreements, side letters, separate fee agreements, etc.
• Hands‑on experience accounting/audit of private equity funds (including blockers, parallel, SPV, AIV, co‑investment vehicles) and related management companies.

Pay

The salary range for this position is $90,000–$170,000, plus a discretionary bonus and a comprehensive benefits package. The actual salary offered within that range will depend on the candidate’s experience level.

Schedule

All U.S. employees are required to work a hybrid schedule: three (3) days per week in the office and two (2) days remotely.

Applicants must be legally authorized to work in the United States.

About the Company

Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $1 trillion of private capital on behalf of its clients with 14 offices across the US, Canada, and Europe. Gen II offers private fund sponsors a best‑in‑class combination of people, process, and technology, enabling sponsors to effectively manage operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest‑tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co‑investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

Key Facts

• Administering over $1 T in assets.
• Servicing nearly every significant investor in the asset class.
• Institutional‑grade infrastructure and SSAE 18 (SOC‑1, Type 2) certification.
• Most experienced and best‑performing team in the industry.