Management Company- Accounting Manager (DCS)

Petra Funds Group • New York, NY

20h • $130,000 - $180,000 • Hybrid

About The Position

The Management Company Accounting Manager supports the CFO and management company finance team with accounting and reporting for general partner and management company entities. The role coordinates with external service providers on recurring intercompany settlements and accounts payable processes, executing them accurately and on schedule. The position takes day-to-day direction from a single point of contact in Corporate Finance. It is based in New York, NY, with four days a week in the office, and requires availability during U.S. Eastern business hours.

Requirements

• 5–10 years of experience with upper-tier private fund general partner and management company legal entities.
• Experience preparing and/or managing accounts payable, billing, or intercompany settlement functions.
• Demonstrated ownership of balance sheet accounts, including reconciliation and explaining period-over-period movement.
• Experience building and maintaining accounts receivable aging reports, with a track record of driving collections to resolution.
• Strong Excel skills, including reconciling detailed transaction populations to summary balances.
• Experience preparing and issuing invoices with full supporting documentation.
• Clear written and verbal communication skills, including experience representing a firm professionally in direct contact with external stakeholders.
• Ability to work independently against a recurring monthly or quarterly close calendar with limited supervision.
• Availability during U.S. Eastern business hours.

Nice To Haves

• Experience in financial services, private equity/alternative investments, or professional services.
• Familiarity with vendor tax documentation (W-9/W-8) and annual 1099 preparation.

Responsibilities

• Coordinate with external service providers to gather information from funds and create and maintain general partner and management company entity financial records.
• Monitor intercompany balances between the management company and funds, identify amounts due, and prepare supporting detail.
• Prepare and issue intercompany invoices and facilitate settlement through cash movement on a quarterly cycle or as directed.
• Maintain supported, current, and explainable intercompany and receivable accounts on the management company balance sheet.
• Maintain schedules tracing invoiced balances to underlying transaction-level detail and the general ledger.
• Maintain accounts receivable aging reports across fund balances.
• Manage collections end to end, including contacting fund representatives, escalating past-due balances, and pursuing open items through resolution.
• Reduce outstanding accounts receivable balances quarter over quarter and prevent unbilled activity from accumulating.
• Reconcile billed amounts to underlying expense detail and recorded receivable balances.
• Prepare new and updated vendor and other entity records in the accounts payable platform.
• Allocate invoices for payment in the accounts payable platform and submit them for approval.
• Obtain and maintain vendor W-9 and W-8 documentation.

Benefits

• 90% covered medical, dental, and vision insurance premiums.
• Employer-funded Health Savings Account contributions up to the IRS maximum for employees enrolled in the high-deductible health plan; amounts are prorated for new hires.
• 401(k) employer match of 100% of employee contributions up to 5% of compensation, with immediate vesting.
• Flexible paid time off.
• Generous holiday calendar.
• Hybrid work environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed