Fund Accounting Director

Gen 2 Careers•Boston, MA

1d•$135,000 - $190,000•Hybrid

About The Position

Gen II Fund Services, a leading tech-enabled Private Equity Fund Administrator, is seeking a Fund Accounting Director to join our growing team. At Gen II, you will gain deep exposure to the full private equity fund lifecycle, including newly launched and first-to-market funds in sports, oil and gas, real estate, credit and more. You will lead and mentor teams supporting top-tier sponsors while driving process improvements, expanding your expertise, and contributing to the continued success of one of the industry's most respected platforms. Your leadership will be critical in maintaining Gen II’s standard of technical excellence, client service, and operational integrity.

Requirements

7+ years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution where the candidate has gained financial products knowledge
5+ years of supervisory experience
Bachelor’s degree in Accounting, Economics and/or Finance
Advanced Mezzanine/Credit/Loan Origination investment experience preferred
Comfortable with PIK/OID calculations
Advanced experience in preparing capital calls and distributions including complicated waterfall models
Very comfortable in understanding and navigating through Partnership Agreements, legal documents, and Investment Agreements
Advanced knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in USGAAP
Strong written and verbal communication skills
Technical Knowledge and Business Acumen
Ability to learn on-the-job quickly, apply learning to clients and recommend solutions to issues
Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment
Excellent verbal, written and interpersonal communication skills
Strong attention to detail and accuracy
Superior problem solving, judgment and decision-making skills
Ability to think independently, prioritize, multi-task and meet deadlines
Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint, and Outlook
Strong leadership skills and management skills

Nice To Haves

Advanced Mezzanine/Credit/Loan Origination investment experience preferred

Responsibilities

Direct the day-to-day accounting and fund administration for multiple investment sponsors
Extensive hands-on involvement in preparing and reviewing workpapers, investments, accruals, financial statements with footnotes and investor allocations
Heavy client interaction daily
Frequent communication with clients at the executive level
Maintain a working relationship with all client contacts, auditors, lawyers, and banking personnel
Lead, direct, and coach team of Staff Accountants at several levels
Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in-depth review and sign off prior to Managing Director review
Manage special projects, when required