Fund Accounting- Senior Manager (PE-RE)

Petra Funds Group • Dallas, TX

5d • $122,000 - $183,000 • Onsite

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 of professionals who have 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.

P Petra Funds Group is seeking a Senior Manager to be fully dedicated to one of our clients, Canyon Partners Real Estate (CPRE). This is a unique, embedded role in which you will operate as an extension of the client’s internal fund finance team, supporting accounting and reporting across closed-end real estate debt funds. You will partner closely with the client’s Director and CFO while interfacing with third-party administrators and Petra’s broader team. This role is ideal for a fund accounting professional ready to step into a broader ownership position with exposure to complex fund structures, valuation processes, and investor reporting. This position is primarily in-office, requiring four (4) days per week onsite at the client’s office in Dallas, TX.

Requirements

• 8–12 years of accounting experience, with a focus on alternative investments
• Experience with real estate, private credit, or private equity fund structures
• Strong understanding of:
• Complex closed-end fund structures, including blockers, aggregators, REITs, etc.
• Fund accounting and NAV review
• Financial statement preparation and review
• Closed end sub-close calculations
• Experience working with or overseeing third-party fund administrators
• Exposure to audit processes and reviewing workpapers
• Advanced proficiency in Microsoft Excel
• Strong organizational skills and ability to manage multiple priorities
• Excellent communication and interpersonal skills
• Undergraduate degree in accounting, finance, or related field, CPA preferred

Responsibilities

• Serve as a dedicated Senior Manager embedded within the client’s fund finance organization
• Review quarterly workpapers, financial statements, and investor/partner reporting prepared by third-party administrators
• Oversee and support complex accounting for closed-end real estate debt funds
• Review capital calls, distributions, and investor allocation calculations
• Support management fee, carry, and complex waterfall calculations
• Participate in quarterly fair value processes, including valuation support and coordination
• Assist with liquidity management, including credit facility activity and deal-level funding
• Facilitate foreign currency hedging and related reporting
• Coordinate and support interim and annual audits, including preparation and review of audit materials
• Partner closely with asset management, client solutions group, and other internal stakeholders on reporting and ad hoc requests
• Help build and enhance reporting processes and operational workflows
• Support new product launches and fund structuring initiatives
• Ensure all deliverables are accurate, timely, and aligned with client expectations

Benefits

• 90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.
• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan.
• 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.
• Flexible paid time off to recharge, travel, or take care of what matters most.
• Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.
• Hybrid work environment that offers flexibility and supports work-life balance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees