Fund Accounting & Financial Reporting
- Lead day-to-day fund accounting operations for assigned funds and investment structures.
- Review and oversee preparation of NAV calculations, trial balances, general ledger, financial statements, and investor reporting.
- Review accounting entries including:
- Investment purchases and sales
- Capital calls and distributions
- Management fees and performance fees
- Accrued expenses and prepaid expenses
- Interest income and expense
- Realized and unrealized gains/losses
- Foreign exchange transactions
- Corporate actions and other investment-related activity
- Perform detailed P&L, Balance Sheet, Trial Balance, and NAV analysis.
- Review valuation of investments and ensure appropriate accounting treatment.
- Oversee cash, position, and investment reconciliations.
- Investigate and resolve accounting breaks and discrepancies.
- Review and approve journal entries, accruals, reclassifications, and rectification entries.
- Ensure completeness and accuracy of month-end, quarter-end, and year-end close activities.
- Review fund financial statements and supporting schedules.
- Support preparation and review of audit schedules and year-end audit requirements.
Private Equity / Private Credit Accounting
- Review capital activity including capital calls, distributions, transfers, and investor allocations.
- Review investment-level accounting and valuation adjustments.
- Understand and review amortization schedules, interest accruals, fee calculations, and investment income.
- Review fund-level and investment-level reconciliations.
- Support waterfall calculations and performance allocations, where applicable.
- Review NAV packs and supporting documentation before client delivery.
- Ensure accounting treatment is aligned with fund governing documents and applicable accounting policies.
Team Leadership
- Lead, mentor, and manage a team of fund accountants and senior associates.
- Allocate work based on team capacity, complexity, deadlines, and client priorities.
- Conduct regular quality reviews and provide constructive feedback.
- Monitor team productivity, utilization, turnaround time, and deliverable quality.
- Identify training requirements and develop team members through structured coaching.
- Act as the escalation point for complex accounting and operational issues.
- Build a strong culture of ownership, accountability, and continuous improvement.
Client Management
- Act as a key operational contact for clients and provide timely responses to accounting and reporting queries.
- Participate in client calls, review meetings, and operational discussions.
- Understand client-specific accounting policies, procedures, and reporting requirements.
- Manage client escalations and ensure timely resolution.
- Communicate status, risks, issues, and dependencies proactively to clients and senior management.
- Build strong working relationships with client accounting, operations, finance, and investment teams.
- Support client onboarding, transitions, migrations, and new fund launches.
Systems & Tools
Experience with one or more of the following is preferred:
- Geneva
- Investran
- Allvue
- Advanced Microsoft Excel
Required Qualifications
- Bachelor's degree in Finance, Accounting, Commerce, or a related discipline.
- 10–15 years of relevant experience in fund accounting, alternative investment accounting, financial reporting, or fund administration.
- Strong knowledge of accounting principles and financial reporting.
- Hands-on experience with NAV preparation/review and fund financial statements.
- Experience managing or mentoring a team.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and ability to work with large volumes of financial data.
- Strong communication and client-management skills.
- Ability to manage multiple deliverables and competing deadlines.