Manager, Fund Accounting

Providence Equity Partners•Providence, RI

6d•Onsite

About The Position

The Manager, Fund Accounting is a key member of the finance organization, reporting to the Director & Controller, Fund Accounting. This role is responsible for overseeing core fund accounting, financial reporting, and control functions across multiple investment vehicles. The position requires strong technical expertise, leadership capabilities, and the ability to operate effectively in a complex private equity environment. The ideal candidate is self‑motivated and solutions‑oriented, with a positive attitude and strong work ethic. They thrive in a dynamic environment, take initiative, and are adaptable in supporting both day‑to‑day responsibilities and evolving business needs.

Requirements

Bachelor’s degree in Accounting or Finance required
CPA (or active candidate) strongly preferred
5-7 years of progressive experience in private equity fund accounting and/or Big 4 with significant private equity exposure
Experience managing and developing team members
Deep knowledge of U.S. GAAP and private equity fund structures
Advanced Excel skills; experience with Investran and Workday preferred
Strong communication skills, with the ability to interact effectively with senior leadership, auditors, administrators, and investors.
High standards of accuracy, integrity, and professionalism.
Strong technical accounting and analytical capabilities, including the ability to interpret complex legal documents and accounting guidance.
Proactive problem-solving mindset with sound judgment.
Ability to manage multiple priorities in a fast-paced environment with minimal supervision.
Continually seek to raise standards and improve the quality of services provided
Demonstrated ability to work effectively across teams, actively contribute ideas, and build strong, trust‑based relationships to achieve shared goals and drive collective success.
Proven track record of taking accountability for outcomes, following through on commitments, and acting with honesty, transparency, and ethical judgment in all situations.
Commitment to fostering a positive, engaging workplace culture by supporting colleagues, contributing to a sense of belonging, and modeling behaviors that reflect and strengthen our organizational values.
Ability to work respectfully with individuals of diverse backgrounds, perspectives, and experiences, demonstrating empathy, fairness, and a commitment to inclusive practices in everyday interactions and decision‑making.

Nice To Haves

CPA (or active candidate) strongly preferred
experience with Investran and Workday preferred

Responsibilities

Oversee the preparation and delivery of quarterly and annual financial reporting across multiple fund structures, ensuring accuracy, completeness, and compliance with U.S. GAAP and applicable regulatory requirements.
Manage third-party administrators and oversee the preparation and delivery of quarterly and annual financial statement packages.
Review and approve complex accounting matters, including carried interest and waterfall calculations.
Lead the year-end audit process, serving as primary liaison with external auditors to ensure timely completion.
Oversee the capital call and distribution process, including review and approval of investor allocations and notices.
Manage credit facilities, including drawdowns, repayments, and covenant compliance.
Review and approve management fee calculations, fund expenses, and related allocations.
Oversee cash management, including liquidity planning, banking activity, and account administration.
Partner with internal teams to deliver investor reporting and respond to ad hoc financial inquiries.
Identify and implement process improvements; support and lead special projects within the finance function.
Assist with quarterly and annual regulatory filings in coordination with Legal and Compliance teams.
Manage reporting requirements for Luxembourg and Cayman structures, ensuring alignment with local regulatory and operational frameworks.
Interpret Limited Partnership Agreements and side letters to ensure financial reporting, allocations, and distributions are consistent with governing documents.
Oversee NAV calculations and related compliance reporting across fund vehicles.
Handle ad hoc requests as they arise.