Fund Accounting Director

Gen II Fund Services•New York, NY

1h•$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 offers exposure to the full private equity fund lifecycle, including newly launched funds across sectors such as sports, oil and gas, real estate, and credit. The Director will lead and mentor teams supporting sponsors, drive process improvements, and contribute to the company’s technical excellence, client service, and operational integrity. The position directs day-to-day accounting and fund administration for multiple investment sponsors, with substantial hands-on work preparing and reviewing accounting materials and frequent interaction with clients, including executive-level contacts. The Director also leads staff accountants, oversees client fund deliverables, and manages special projects as needed. US 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; the offered salary within the range 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, 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 process and procedure changes 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 suite 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 and communicate frequently with clients at the executive level.
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; thoroughly review and sign off before Managing Director review.
Manage special projects as required.