Manager - Private Equity Fund Accounting
About the role
Manage one or more key client relationships, ensuring timely delivery of all fund accounting and reporting deliverables.
Apply strong expertise in alternative investment fund accounting, with a focus on private equity limited partnerships.
Lead and develop junior staff, including setting goals, providing ongoing coaching, and contributing to performance reviews.
Review fund governing documents (LPA, offering documents, side letters, IMAs) to ensure accurate application of fund terms.
Oversee and review all transaction activity, including capital calls, distributions, accruals, and valuation adjustments.
Prepare and review workpaper files, capital account statements, investor allocations, and management fee calculations.
Build and maintain distribution waterfall models in accordance with fund terms.
Review financial statements, supporting schedules, and disclosures for accuracy and completeness.
Support and coordinate the year-end audit process in partnership with clients, auditors, and internal teams.
Assist with tax reporting support and other client deliverables as needed.
Manage client expectations and coordinate timelines with internal teams to ensure consistent, high-quality delivery.
Responsibilities
- Manage one or more key client relationships, ensuring timely delivery of all fund accounting and reporting deliverables
- Apply strong expertise in alternative investment fund accounting, with a focus on private equity limited partnerships
- Lead and develop junior staff, including setting goals, providing ongoing coaching, and contributing to performance reviews
- Review fund governing documents (LPA, offering documents, side letters, IMAs) to ensure accurate application of fund terms
- Oversee and review all transaction activity, including capital calls, distributions, accruals, and valuation adjustments
- Prepare and review workpaper files, capital account statements, investor allocations, and management fee calculations
- Build and maintain distribution waterfall models in accordance with fund terms
- Review financial statements, supporting schedules, and disclosures for accuracy and completeness
- Support and coordinate the year-end audit process in partnership with clients, auditors, and internal teams
- Assist with tax reporting support and other client deliverables as needed
- Manage client expectations and coordinate timelines with internal teams to ensure consistent, high-quality delivery
Requirements
- Bachelor’s degree in Accounting or related field
- 7+ years of experience in accounting, with a focus on alternative investment funds – private equity experience/fund of funds
- 2+ years of management/supervisory experience
Qualifications
- CPA designation a plus
- Knowledge of US Generally Accepted Accounting Principles and other comprehensive basis of accounting, with an emphasis on investment partnerships
- Experience supervising one or two junior professional staff
- Provide significant input into hiring and termination decisions as well as providing continuous performance feedback to staff
- Hands-on management style with strong leadership skills and ability to develop junior staff
- Demonstrated project management skills with the ability to multi-task
- Excellent interpersonal and communication skills
- Proficiency in Microsoft Office suite, with advanced Excel skills
- Sungard Investran experience a plus
- Team player mentality with the ability to work independently
Skills
- Strong expertise in alternative investment fund accounting, with a focus on private equity limited partnerships
- Leadership and management skills
- Project management skills
- Interpersonal and communication skills
- Microsoft Office suite proficiency, with advanced Excel skills
- Hands-on management style
Benefits
- Comprehensive total rewards package
- Medical, dental, and vision coverage
- 401(k) plan with company match
- Paid time off, holidays, and parental leave
- Professional development reimbursement opportunity
Pay
- New Jersey: Between 82,000 USD to 164,000 USD
- New York: Between 85,000 USD to 155,000 USD
- Massachusetts: Between 80,000 USD to 160,000 USD
Schedule
- Hybrid schedule available in New York, NY, Boston, MA, and Union, NJ