Director of Fund Accounting
About The Position
The Director of Fund Accounting will manage client relationships, including onboarding new clients, reviewing fund documents, and handling set-ups and renewals. This role involves understanding clients' businesses to identify opportunities for additional fund services and cross-selling other CSC products. The position requires reviewing accounting records, financial statements, support schedules, and waterfall calculations under both GAAP and OCBOA. Additionally, the Director will review SBA compliance reporting (including SBA Form 468), capital call and distribution calculations, and assist internal teams with client deliverables. This role also focuses on ensuring best practices within the client service team, identifying efficiency improvements, managing staffing and resource allocation, and overseeing career development and talent management for team members. The position may also involve managing special projects and includes extensive on-the-job training, as well as internal responsibilities such as status reporting and time tracking.
Requirements
- BS Degree in Accounting
- 10+ years’ experience in portfolio/investment and partnership accounting
- 5+ years of supervisory experience
- Working knowledge of US GAAP for investment companies
- Thorough understanding of key terms of fund documents
- Able to multi task and perform tasks under strict deadlines
- Experience delegating to, training and supervising multiple staff
- Experience managing multiple client relationships
- Strong professional verbal and written communication skills
- Attention to detail and strong organizational skills
Nice To Haves
- CPA or CFA preferred
- Tech savvy a plus (e.g. advanced excel skills and ability to learn and navigate web applications)
- Private equity accounting software experience preferred
Responsibilities
- Manage client relationships including onboarding new clients, review of fund documents and fund set up and renewals of existing client engagements
- Understand clients’ business to identify opportunities for additional fund services and cross selling of other CSC products
- Review accounting records, financial statements and support schedules, including waterfall calculations (GAAP & OCBOA)
- Review SBA compliance reporting, including SBA Form 468
- Review capital call & distribution calculations and letters
- Assist as needed with internal teams with all client deliverables
- Ensure that best practices are used by client service team and look for efficiency improvements
- Staffing/resource allocation for client service team
- Career development and talent management of team members
- Manage special projects as required
- Extensive on the job training
- Internal responsibilities (status reports, time tracking, etc.)
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What This Job Offers
Job Type
Full-time
Career Level
Director
