Fund Accounting Manager (Technology Investments)
About The Position
This is a highly visible, client-facing leadership role on one of Petra’s private equity fund services teams, ideal for an experienced fund accounting professional with deep expertise in private equity structures, investor reporting, and client service delivery. As a Fund Accounting Manager, you will oversee the execution of core fund accounting operations across a portfolio of private equity clients while serving as a trusted point of contact for clients, auditors, investors, and internal stakeholders. You will play a key role in managing complex fund structures, reviewing financial reporting and capital activity, overseeing team workflows, and driving operational excellence across the engagement lifecycle. This role combines technical fund accounting expertise with leadership responsibility, including mentoring junior professionals, managing deliverables, improving processes, and helping ensure exceptional client service. The position offers significant exposure to sophisticated private equity funds and portfolio activity, direct interaction with senior client contacts, and the opportunity to contribute strategically within a collaborative, fast-paced environment. You’ll work extensively with industry-leading systems including Investran and Workday while helping shape scalable processes and best practices across the team.
Requirements
- Bachelor’s degree in Accounting, Finance, or Business.
- 6+ years of accounting experience, with significant experience in private equity fund accounting, alternative investments, fund administration, or public accounting serving financial services clients.
- Strong technical knowledge of partnership accounting, private equity fund structures, investor allocations, and waterfall calculations.
- Prior experience reviewing financial statements and managing audit processes for investment partnerships.
- Demonstrated experience managing client relationships and overseeing complex deliverables in a fast-paced environment.
- Proven leadership experience, including mentoring, supervising, or managing junior team members.
- Advanced Excel skills and strong analytical capabilities with the ability to interpret and resolve complex accounting issues.
- Exceptional organizational, communication, and interpersonal skills with a strong client-service mindset.
- Ability to manage multiple priorities while maintaining a high level of accuracy and professionalism.
- Demonstrated integrity, accountability, and ownership mentality with the ability to drive results independently and collaboratively.
Nice To Haves
- Experience with Investran is strongly preferred.
- CPA designation is preferred.
Responsibilities
- Oversee the preparation and review of capital contribution and distribution calculations, management fee calculations, monthly cash reconciliations, and supporting schedules across multiple client engagements.
- Review and validate quarterly incentive allocation and waterfall models in accordance with partnership agreements and governing fund documents.
- Manage the preparation and review of quarterly and annual financial statements for private equity partnerships, including all supporting schedules, disclosures, and investor reporting packages.
- Oversee fund performance reporting and analytics for clients and internal stakeholders.
- Manage investment and expense wire activity, ensuring accuracy, completeness, and adherence to internal controls.
- Lead the coordination and execution of interim and annual audits, serving as the primary liaison with external auditors and overseeing audit deliverables and timelines.
- Oversee investor communications, including capital calls, distributions, financial reporting, and investor portal activity.
- Serve as a primary day-to-day contact for clients, responding to complex accounting, reporting, and operational inquiries with professionalism and urgency.
- Manage multiple client relationships simultaneously while ensuring high-quality service delivery and adherence to deadlines and service-level expectations.
- Lead recurring client meetings and provide strategic insight into fund activity, reporting requirements, and operational considerations.
- Supervise, mentor, and develop junior team members through training, workflow management, technical review, and performance coaching.
- Review and enhance existing accounting processes, controls, and operational workflows to improve efficiency, scalability, and accuracy.
- Develop advanced expertise across core systems and applications, including Investran, Workday, CRM platforms, and reporting tools.
- Partner with senior leadership on special projects, client onboarding initiatives, and process improvement efforts.
Benefits
- 90% covered medical, dental, and vision insurance premiums
- Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum
- 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting
- Flexible paid time off
- Generous holiday calendar
- Hybrid work environment
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What This Job Offers
Job Type
Full-time
Career Level
Manager
