Director, Finance Carry Plan Administrator - Liberty Mutual Investments

Liberty Mutual•Boston, MA

About The Position

The Finance Carry Plan Administrator will be responsible for the accurate execution and governance of the firm’s carried interest program in partnership with the Compensation team. This role ensures integrity in fund-level carry calculations, supports allocation and payout processes, and provides data-driven insights to internal stakeholders. The ideal candidate will combine strong technical finance skills with excellent process management capabilities and a collaborative mindset.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or related field; CPA, CFA, or MBA preferred.
5–8+ years of experience in fund finance, asset management, private equity, or related investment finance roles.
Strong technical knowledge of fund structures, carried interest, and investment performance calculations.
Experience with financial modeling, waterfall calculations, and fund accounting principles.
Exceptional attention to detail with proven ability to manage sensitive financial data.
Strong collaboration skills with ability to partner effectively across Finance, Compensation/HR, and senior leadership.
Excellent communication skills, both written and verbal, with ability to translate complex financial data into clear insights.
Analytical rigor and problem-solving orientation.
High integrity and commitment to accuracy in financial reporting.
Process-driven with ability to improve operational workflows.
Ability to balance technical detail with big-picture program impact.
Comfortable working in a fast-paced, evolving asset management environment.

Responsibilities

Own and maintain carried interest calculations at the fund level, ensuring accuracy and compliance with plan rules.
Determine carry-eligible investments based on fund structures, performance, and governing documents.
Maintain aggregate pool size calculations to inform Compensation and senior leadership on allocation decisions.
Develop and implement controls to ensure data integrity and consistency in carry reporting.
Partner with the Compensation team to validate participant-level allocations against plan design and eligibility rules.
Provide financial data and performance analyses to support participant communications, including summaries for Talent and HR teams.
Supply calculated data for systems integration and updates to ensure accurate tracking of vesting, forfeiture, and payouts.
Prepare fund-level investment summaries and carry pool analyses for Investment Advisory Committee (IAC) or equivalent governance bodies.
Support the governance framework by ensuring documentation and policies align with market practices and regulatory requirements.
Serve as a subject matter expert on carry plan financial mechanics in cross-functional forums.
Support execution of carry distributions in accordance with plan schedules and governing rules.
Provide timely and accurate financial data to Compensation and senior leadership for payout approvals.
Contribute to the development of participant-level reporting, ensuring transparency and clarity for program participants.