Fund Accounting Director
About The Position
Gen II Fund Services is seeking a Fund Accounting Director to lead accounting and fund administration for multiple investment sponsors. The role offers exposure to the private equity fund lifecycle and calls for leadership in technical excellence, client service, and operational integrity. The Director will guide and develop accounting teams, oversee fund deliverables, and help improve processes while supporting clients across a range of investment strategies. The position involves daily client interaction, including communication with executive-level contacts, and maintaining working relationships with clients, auditors, lawyers, and banking personnel. The Director will prepare and review accounting work, oversee fund setup and deliverables, and manage special projects as needed. U.S. employees work a hybrid schedule of three days in the office and two days remotely. Applicants must be legally authorized to work in the United States. The salary range is $135,000–$190,000, plus a discretionary bonus and comprehensive benefits package. The actual salary offered depends on the candidate’s experience level.
Requirements
- At least 7 years of fund accounting experience in a private equity fund, private equity fund administrator, or other financial institution where the candidate gained financial products knowledge.
- At least 5 years of supervisory experience.
- Bachelor’s degree in Accounting, Economics, and/or Finance.
- Comfort with PIK/OID calculations.
- Advanced experience preparing capital calls and distributions, including complicated waterfall models.
- Ability to understand and navigate partnership agreements, legal documents, and investment agreements.
- Advanced knowledge of reporting for investment funds, investment companies, and investors under U.S. GAAP.
- Strong written and verbal communication and interpersonal skills.
- Technical knowledge and business acumen.
- Ability to learn quickly on the job, apply learning to clients, and recommend solutions to issues.
- Ability to adapt quickly to changing processes and procedures in a rapidly changing environment.
- Strong attention to detail and accuracy.
- Superior problem-solving, judgment, and decision-making skills.
- Ability to think independently, prioritize, multitask, and meet deadlines.
- Extensive skills with Microsoft Excel (including pivots), Word, PowerPoint, and Outlook.
- Strong leadership and management skills.
- Legally authorized to work in the United States.
Nice To Haves
- Advanced Mezzanine/Credit/Loan Origination investment experience.
Responsibilities
- Direct day-to-day accounting and fund administration for multiple investment sponsors.
- Prepare and review workpapers, investments, accruals, financial statements with footnotes, and investor allocations.
- Interact with clients daily and communicate frequently with executive-level client contacts.
- Maintain working relationships with client contacts, auditors, lawyers, and banking personnel.
- Lead, direct, and coach Staff Accountants at several levels.
- Oversee and guide initial setup of client fund deliverables, including capital calls, distributions, financial statements, waterfalls, and IRRs.
- Perform thorough reviews and sign off on deliverables before Managing Director review.
- Manage special projects as required.
Benefits
- Discretionary bonus
- Comprehensive benefits package
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What This Job Offers
Job Type
Full-time
Career Level
Director
