Fund Accounting Director

Gen II Fund Services•Boca Raton, FL

3h•$135,000 - $190,000•Hybrid

About The Position

Gen II Fund Services is seeking a Fund Accounting Director to join its growing team. The role leads fund accounting and administration for multiple investment sponsors and provides exposure to the full private equity fund lifecycle, including funds in sports, oil and gas, real estate, and credit. The Director is responsible for maintaining technical excellence, client service, and operational integrity while mentoring teams, improving processes, and contributing to the success of the company’s fund administration platform.

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, Finance, or Economics.
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 US GAAP.
Strong written, verbal, and interpersonal communication 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 changes in 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, investments, accruals, financial statements with footnotes, and investor allocations.
Interact with clients daily, including frequent communication with executive-level 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 fund deliverables before Managing Director review.
Manage special projects as required.