Senior Fund Accountant
Ocorian · Chicago, IL · 6 days ago
HybridAccounting$92k–$115k/yrFull-time
Main Responsibilities
- Prepare and review monthly, quarterly, and annual fund financial statements in accordance with GAAP
- Maintain general ledgers, record journal entries, and perform account reconciliations
- Calculate and review management fees, carried interest, capital allocations, and waterfalls
- Serve as a primary point of contact for auditors and tax service providers
- Support audit and tax deliverables by preparing schedules and responding to inquiries
- Identify process improvements and support operational efficiencies within fund accounting
- Collaborate effectively with internal teams to ensure timely and accurate deliverables
Qualifications
- Knowledge, skills and experience
- Required Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field
- Minimum of 3+ years of fund accounting experience, preferably within private equity or alternative investments
- Strong understanding of fund accounting concepts, including allocations, management fees, and waterfalls
- Advanced proficiency in Excel (pivot tables, VLOOKUP/XLOOKUP; macros a plus)
- High level of accuracy and attention to detail
- Strong analytical and problem-solving skills
- Excellent written and verbal communication skills
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment
- Proven ability to work independently and collaboratively within a team
- Preferred Qualifications
- CPA or progress toward CPA certification
- Experience working in a fund administrator, advisory, or financial services environment
- Familiarity with financial systems and reporting tools (e.g., Dynamo and QuickBooks Online)
- Experience supporting multiple fund structures and strategies simultaneously
Core Competencies
- Technical and functional accounting expertise
- Results orientation and accountability
- Strong written and verbal communication
- Learning agility and continuous improvement mindset
- Collaborative and team-oriented approach
- Entrepreneurial and proactive problem-solving skills