Fund Services Plus Supervisor - Private Equity

RSM•Chicago, IL

2d•Hybrid

About The Position

RSM is hiring a Supervisor for its Fund Services + practice, supporting private equity and real estate fund administration clients. The role combines operational fund administration with financial reporting and client service, including preparation of financial statements, investor reporting, accounting workpapers, and support for fund activities. The Supervisor will use the firm’s fund administration technology, help onboard clients, respond to client and limited partner inquiries, coordinate with external auditors and tax providers, and help train junior staff. The position requires at least four years of relevant fund accounting or fund administration experience and an undergraduate degree in Accounting, Finance, or a related field. Most roles at RSM follow a hybrid workstyle, with employees aligned to an RSM office and meeting in person when appropriate for clients, teams, development, or relationship-building. The compensation range is $81,400–$153,500, with eligibility for a discretionary bonus based on firm and individual performance.

Requirements

At least 4 years of relevant fund accounting or fund administration experience, preferably supporting private equity, real estate, or other alternative investment funds.
Ability to interpret and apply the financial and operational terms of Limited Partnership Agreements for private equity funds.
Undergraduate degree in Accounting, Finance, or a related field.
Proficiency in Microsoft Office, including advanced working knowledge of Excel.
Strong analytical skills; detail-oriented and highly organized.
Strong work ethic, personal and professional integrity, and a positive attitude.
Strong oral and written communication and influencing skills.
Ability to work in a dynamic, fast-paced environment and handle multiple projects.

Nice To Haves

CPA, CA, or progress toward a relevant professional certification.
Experience with Allvue, Yardi, or a comparable fund administration platform.
Experience with fund accounting software such as Allvue, Investran, eFront, Yardi, or similar platforms.

Responsibilities

Prepare quarterly and annual financial statements, financial statement footnotes, quarterly accounting workpaper packages, and investor reporting packages.
Prepare or facilitate day-to-day operating activities for private equity and real estate fund administration clients, including cash management, wire setup, management fees, carried interest and waterfall calculations, subsequent closes, credit facility maintenance, deal funding, and expense payments.
Become an expert user of the firm’s fund administration technology platform.
Assist with onboarding new clients and setting up investors, investments, reports, and the limited partner reporting portal.
Prepare or facilitate capital calls and distribution calculations and execute these processes in the technology platform.
Maintain and update investor data as needed.
Respond to ad hoc inquiries from clients and limited partners.
Coordinate with clients’ external auditors and tax providers to assist with year-end audits and tax return information needs.
Help train new or junior-level staff members once established in the role.