Director, Fund Accounting and Investment Operations

Redesign Health•New York, NY

2d•Hybrid

About The Position

As our Director, Fund Accounting & Investment Operations, you will deliver senior technical accounting judgment as well as own the execution of fund accounting and fund administration processes for Redesign Health’s US and International Funds. You are someone with a strong grasp of fund accounting strategy and technical GAAP nuances, who is also highly willing and capable of hands-on execution in the details. This means you will own technical fund accounting and financial reporting, as well as the end-to-end investor operations lifecycle. That lifecycle includes preparing capital call and distribution notices, drafting fund financial statements, owning investor-facing fund reporting, managing tax and compliance reporting, as well as responding to questions and requests from Redesign’s investors. You will bring human judgment to AI-native transformation projects while we both grow domestically and scale new international funds. You will have access to AI experts and frontier AI tools that enable you to run the transformed function you will help design. You will report to and work very closely with our Controller, as well as with our broader Strategy & Finance and Legal teams.

Requirements

You have a CPA (or equivalent license), with a Bachelor’s degree in Accounting, Finance, or related field.
8+ years in fund accounting and fund administration within venture capital, private equity, or hedge funds including time as a senior reviewer and not solely as a preparer.
You have had exposure to a wide variety of private fund structures, investment vehicles, and investment instruments.
Deep command of US partnership accounting and complex fund structures (SPVs, aggregator and parallel funds, holding vehicles, offshore blockers, and international funds).
Demonstrated ownership of capital calls, distributions, NAV and capital account calculations, valuations, and the review of fund financial statements.
Experience leading external fund audits and managing fund administrators, auditors, and external legal counsel.
Willingness to evaluate, learn and adopt frontier AI tools in all of your day to day tasks.

Nice To Haves

High proficiency with fund accounting software (Allvue experience a strong plus).
Deep experience with investor relations CRM platforms for managing broad investor communications and document distribution.
Exposure to highly technical new fund launches, fund structuring, or standing up accounting for new vehicles or jurisdictions.
Familiarity with cap table administration and partnership tax and K-1 reporting.
Working knowledge of KYC/AML, banking compliance, and cross-border requirements (e.g., FATCA, CRS, CIMA), and comfort operating across multiple entities, currencies, and jurisdictions.
Familiarity with the capabilities of frontier AI tools (ex. Copilot, Claude Code, Codex, Cowork) and insatiable curiosity to learn them, even if you have not had the chance to use them yet.

Responsibilities

Own fund accounting across a complex multi-vehicle structure of SPVs, aggregators, parallel funds, and offshore blockers.
Maintain the books in Allvue, own and review quarterly NAV packages and Partner Capital statements.
Oversee bank, trial balance, and investment reconciliations.
Prepare and review fund financial statements, some audited.
Run capital call and distribution cycles end to end, including pro-rata sharing calculations, equalization and late-admission true-ups, notice preparation and validation, wire-instruction verification, and flow-of-funds execution with banking partners.
Own investor onboarding and subscriptions, KYC/AML, the accuracy of investor-facing statements, and handle investor-sensitive accounting exceptions that must be resolved before they reach an LP.
Own the resolution of investor questions and requests sent to our Investor Relations inbox. This includes answering investor questions about fund mechanics, replying to reporting requests, completing investor audit confirmations, addressing inquiries from investor tax and accounting teams, as well as resolving ad hoc investor questions.
Review and sign off on K-1s, partnership tax forms (1042/8804), FATCA/CRS reporting, and investor reporting across the fund complex.
Coordinate and review the work of external preparers and specialists and hold them to standard.
Ensure the quality and accuracy of regulatory reporting obligations such as Form ADV and CIMA.
Serve as the senior reviewer and technical accounting owner for fund structuring, fund changes, and new fund launches.
Own external fund audits end to end, from PBC delivery to liaising with auditors and external fund compliance advisors.
Partner with the Controller and the Technology & AI team creating AI-native fund administration processes.
Provide the fund accounting knowledge, and contribute to the design of systems that let AI carry the preparation work while judgment, signoff, and exceptions stay with you.
Partner with Strategy & Finance, Legal, and local advisors to stand up and scale fund accounting and investment operations for new international funds across multiple markets, including the banking, entity, and compliance infrastructure each new fund requires.