Fund Accounting Director

Gen II Fund Services•Dallas, TX

2d•$135,000 - $190,000•Hybrid

About The Position

Gen II Fund Services is seeking a Fund Accounting Director to lead and mentor teams supporting private equity fund sponsors. The role provides exposure to the full private equity fund lifecycle and a range of fund types, including sports, oil and gas, real estate, and credit. The Director is responsible for maintaining technical excellence, client service, and operational integrity while contributing to process improvements and the company’s continued success. The position involves directing accounting and fund administration for multiple investment sponsors, substantial hands-on preparation and review of accounting work, and frequent client interaction, including communication with executive-level contacts. The Director leads and coaches Staff Accountants, oversees initial fund deliverables and their setup, and reviews and signs off on work before Managing Director review. Special projects may also be assigned. The role follows a hybrid schedule: three days per week 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 offered salary depends on experience.

Requirements

At least 7 years of fund accounting experience in a private equity fund, private equity fund administrator, or other financial institution where financial products knowledge was gained.
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.
Strong ability to understand and navigate partnership agreements, legal documents, and investment agreements.
Advanced knowledge of reporting for investment funds, investment companies, and investors under US GAAP.
Strong written and verbal communication skills 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 Microsoft Office skills, including Excel (pivots), Word, PowerPoint, and Outlook.
Strong leadership and management skills.
Must be legally authorized to work in the United States.

Nice To Haves

Advanced mezzanine, credit, or loan origination investment experience.

Responsibilities

Direct day-to-day accounting and fund administration for multiple investment sponsors.
Prepare and review workpapers, investment activity, accruals, financial statements and 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 the initial setup of client fund deliverables, including capital calls, distributions, financial statements, waterfalls, and IRRs.
Conduct thorough, in-depth reviews and sign off on deliverables before Managing Director review.
Manage special projects when required.