Senior Associate, Fund Accounting

About the role

HarbourVest Partners is seeking a Senior Associate on the Fund Accounting and Administration team. This role involves all aspects of accounting, financial reporting, and client reporting tasks for fund of funds and private credit investment vehicles. The Senior Associate will also handle cash management, work with external auditors, and manage third-party service providers.

This position will be a hybrid work arrangement, which translates to 3-4 days minimum per week in the office.

Responsibilities

• First level review of the quarter end close, financial reporting, and capital account statements for your Funds
• Prepare distribution recommendations working closely with portfolio management, investment operations, and the treasury function
• Work closely with various internal partners to ensure an efficient operating model is in place for the credit funds
• Assist Fund Controller with matters related to closings and terms of legal documents
• Compile financial information for purposes of regulatory filings (i.e., Form ADV/PF)
• Coordinate the day-to-day operations with fund administrators, including communications for capital calls, distributions, redemptions, and financial reporting, and monitoring of critical metrics
• Other responsibilities as required

Requirements

• Technical understanding of US GAAP, its application to asset management (specifically fund of funds and private credit), and the ability to apply GAAP concepts to sophisticated transactions and complex fund structures
• Strong analytical and problem-solving skills, with a detail-oriented approach
• Strong written and verbal communication skills, with an ability to multitask
• Ability to work independently, prioritize multiple tasks, and manage production calendars across multiple participants and interested parties
• Proactive, can-do attitude to ensure all reporting and deliverables are completed in line with agreed timelines

Qualifications

• Bachelor’s Degree majoring in accounting/finance (CPA preferred)
• 4+ years of experience in public and/or private accounting focused on the asset management industry, preferably with fund of funds or private credit fund experience

Pay

Base Salary Range: $105,000.00 - $115,000.00 USD. This range represents only one component of total compensation for this role and is provided in accordance with local requirements.

This role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance. In addition to salary and bonus, total compensation may include eligibility for long-term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs. Eligibility for certain components will vary by position and geography.