Fund Accounting- Senior Director (CS) | 2026

Petra Funds Group • Philadelphia, PA

11d • $146,000 - $219,000 • Hybrid

About The Position

Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.
Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who've spent years working with asset managers is what differentiates us.
Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.
As a Fund Accounting Director, you will lead and oversee a fund accounting team, ensuring the delivery of accurate and timely financial reports to our clients. You will be a technical expert in fund accounting while also acting as a trusted advisor to our clients, offering insights and solutions that enhance their operations. In this leadership role, you will drive process improvements, mentor and develop your team, and maintain the highest standards of service and accuracy. You will collaborate closely with senior leadership to align our services with the strategic needs of our clients and the overall growth objectives of Petra Funds Group.

Requirements

• Bachelor’s degree in accounting, Finance, or a related field; CPA or equivalent designation is preferred.
• At least 15 years of experience in fund accounting, with a strong understanding of Fund Accounting.
• Demonstrated leadership experience, with the ability to manage, mentor, and develop a team.
• Deep knowledge of GAAP, financial statement preparation, and fund administration processes.
• Experience with PE energy structures and flow through entities is a plus.
• Strong client management skills, with the ability to build and maintain relationships with key stakeholders.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate across departments and with clients.
• Proactive, organized, and solution-oriented, with a relentless focus on accuracy and attention to detail.
• Ability to thrive in a fast-paced environment, managing multiple priorities, requests and deadlines.

Nice To Haves

• CPA or equivalent designation is preferred.
• Experience with PE energy structures and flow through entities is a plus.

Responsibilities

• Lead the fund accounting team in the preparation and review of financial statements and capital activity, ensuring compliance with GAAP and other relevant accounting standards.
• Serve as the primary point of contact for key clients, addressing their needs and ensuring that their expectations are consistently met or exceeded.
• Oversee the monthly, quarterly, and annual closing processes, ensuring accuracy and timeliness in all deliverables.
• Drive process improvements and implement best practices to enhance the efficiency and effectiveness of the fund accounting function.
• Mentor, coach, and develop the fund accounting team, fostering a culture of continuous learning and professional growth.
• Contribute to strategic planning and decision-making at the senior leadership level, providing insights and recommendations based on your expertise in fund accounting.
• Understand internal financing needs, including borrowing base calculations and tracking of key terms associated with the underlying credit agreements.

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

What This Job Offers

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