Manager, Private Equity Fund Services

Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers – New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP provide professional services through an alternative practice structure in accordance with applicable laws, regulations and professional standards.

About the role

The Private Equity Fund Services (PEFS) Manager oversees the day-to-day operations of private equity client deliverables, including quarterly financial reporting, capital call and distribution calculations and notices, carried interest calculations, management fees, fund liquidity and treasury requests, and ad-hoc investor relations requests. This role manages client relationships, serves as an escalation point for internal employees and clients, and provides leadership, guidance, and training to the team.

Responsibilities

• Oversee and review the preparation and distribution of quarterly financial statements and investor capital statements.
• Oversee and review schedules supporting general ledger balances reported in quarterly financial statements.
• Oversee and review the preparation and distribution of capital call and distribution notices, ensuring adherence to the Fund's Operating Agreement.
• Interpret terms within a Fund's Operating Agreement and calculate complex waterfall structures and carried interest.
• Calculate and review management fees owed to the management company, ensuring timely payment.
• Communicate directly with Fund General Partners or Managers to respond promptly to requests and provide information.
• Complete regulatory forms to ensure compliance with debt covenants, regulations, and other provisions in the Fund's Operating Agreement.
• Review investment agreements to confirm purchases and sales align with cash movements at the Fund level.
• Interact with auditors, provide reports and support for year-end audits, and complete audit confirmations.
• Multi-task between client deliverables, internal demands, and various tasks throughout the day.
• Provide supervision, guidance, coaching, and training to the team.
• Update job knowledge through educational opportunities, internal training, and professional development.
• Serve as a resource for technical questions and team processes, conducting ongoing team trainings.
• Provide daily leadership across the team and organization, serving as an escalation point for internal and client matters.
• Assist and lead new business development objectives.

Requirements

• 5 years of relevant experience in Accounting or a related field.
• 2+ years of supervisory experience, including performance management, coaching, staff management, training, talent acquisition, and retention.
• Experience with commercial real estate fund accounting; exposure to property-level and ownership accounting preferred.
• Bachelor’s Degree in Accounting or a related field; advanced degree (MBA or MSA) strongly preferred.
• Certified Public Accountant (CPA) license strongly preferred.
• Experience in forecasting and budgeting during accelerated growth periods.
• Proficient in Microsoft Office Suite; knowledge of Investran or other private equity accounting software is a plus.
• Strong multitasking, time management, attention to detail, planning, and problem-solving skills.
• Excellent written and oral communication skills for professional interaction with clients.
• Ability to work in a fast-paced environment and manage multiple priorities and deadlines.
• Experience with Investran or Yardi preferred.

Pay

The pay rate range for this position is $99,000 to $191,260. Actual compensation is influenced by skills, prior experience, qualifications, degrees, professional certifications, work arrangements, and geographic location.

Benefits

Baker Tilly offers a comprehensive compensation and benefits package to eligible employees.