Fund Accounting Manager - Brick City Capital

Leverage Companies • Newark, NJ

2d • Onsite

About The Position

The Fund Accounting Manager is a key role within Leverage Companies’ finance team, responsible for the accounting and reporting of financial information of the Company’s debt fund. You will be responsible for everything accounting-related for the debt fund, ensuring that all transactions are properly recorded, all stakeholders/investors are provided up-to-date reports, and to ensure compliance in operating the fund. This role also supports fund accounting operations for the TLC Opportunity Debt Fund, including period closes, investor capital tracking, distributions, and fund-level expense management. It also involves assisting with revenue and expense reconciliation across the lending division, maintaining accurate multi-entity QuickBooks records, and supporting intercompany accounting across three lending entities.

Requirements

• 3–5 years of accounting experience — private lending, real estate, private equity, or fund accounting strongly preferred.
• Bachelor’s degree in Accounting, Finance, or a related field.
• Strong working knowledge of GAAP and multi-entity accounting structures.
• Proficiency in QuickBooks — not just data entry, but a genuine understanding of COA design, class-based tracking, and entity structure.
• Comfort working across data exports, reconciliations, and multi-source financial tieouts.
• Tech-forward mindset: you see broken processes and you want to fix them, not work around them.
• Proficiency in Ramp or equivalent modern AP platform — we use Ramp for AP, expense management, and memo coding, and we actively adopt new features as they roll out.
• Active and comfortable user of AI tools in your day-to-day finance workflow — drafting, research, reconciliation support, process thinking. This is how we work, not an add-on.
• Ability to get into the details of a complex business quickly, ask the right questions, and operate with minimal hand-holding.
• A demonstrated track record of winning; we never stop at "just enough".
• An insatiable eagerness to continuously learn and to be coached; we are lifelong learners and always make ourselves available to others to teach us something new.
• A possession of strong entrepreneurial spirit; we have a burning passion for building something great out of nothing.
• A big vision for themselves and those around them; we always strive to be the best version of ourselves and help those around us do the same.
• An unwavering sense of integrity; an individual who roots oneself with a core belief that how one does anything is how one does everything.

Nice To Haves

• Experience with fund accounting — investor capital ledgers, preferred returns, distributions, NAV calculations.
• Exposure to real estate entity accounting: acquisitions, development projects, or property management portfolios.
• Familiarity with Salesforce or any CRM/ERP used as a financial source of truth.
• Experience with or understanding of private lending mechanics: origination, warehouse lines, loan-level economics.
• CPA or active CPA candidate.
• Background in a high-growth, smaller-operator environment where building and fixing processes was part of the job.
• Familiarity with Ramp’s AI-assisted features — memo coding, automated categorization, or AP workflow automation.

Responsibilities

• Lead and manage the Fund Accountant as the team grows.
• Reconcile, review, and approve all accounting entries related to the debt fund.
• Own the monthly, quarterly, and annual reporting close process; generate and distribute the financial statement package.
• Review and deliver the management fees and investor waterfall calculations, ensuring all provisions of the fund agreement are followed.
• Analyze agreements/side letters to ensure the fund is operating according to the agreements.
• Oversee the calculation and distribution of investor capital calls and distribution notices.
• Monitor the liquidity of the fund, including preparing weekly cash balance reports and owning the data entries surrounding ACH and wires.
• Review and approve fund level expenses.
• Ensure all requests for information from investors and other stakeholders are fulfilled in a timely and accurate manner.
• Maintain the investor portal.
• Create, document, and execute SOPs for all financial matters surrounding the debt fund; institutionalize the knowledge base across the organization.
• Support fund accounting operations for TLC Opportunity Debt Fund: period closes, investor capital tracking, distributions, and fund-level expense management.
• Assist with revenue and expense reconciliation across the lending division — tying actuals across systems and vendor data sources.
• Maintain accurate multi-entity QuickBooks records supporting the lending operation, fund management entity, and related structures.
• Support intercompany accounting across the three lending entities, ensuring proper classification and period attribution.

Benefits

• Leverage Companies is an equal opportunity and an E-verify employer.
• We are committed to building a diverse, inclusive, and equitable workforce and do not discriminate based on characteristics of any kind.
• Leverage Companies is committed to providing reasonable accommodations for any candidates with disabilities who may need assistance during the talent acquisition process.
• Leverage Companies highly values having employees working in-office to foster a collaborative work environment and company culture.
• Under certain circumstances, a hybrid working arrangement with a minimum of 3 days in office in Newark, NJ may be arranged.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level