Private Equity Manager
About The Position
The Private Equity Manager manages the closed-end fund accounting process in accordance with HS Financial Technologies’ guidelines and procedures, under the supervision and guidance of a Private Equity Director and Managing Director. The role is responsible for timely and accurate NAV calculations, developing client relationships, and understanding the service requirements of closed-end fund administration. The manager leads the day-to-day work of the Private Equity team, manages client teams of up to 10 employees, and supports client onboarding, transitions, audits, recruitment, training, and performance evaluations. This position is hybrid in either the Dallas, Texas, or Raleigh, North Carolina office. Visa sponsorship is not offered at this time.
Requirements
- At least 5 years of experience working in a Hedge Fund Administration firm, with at least 3 years at Supervisor level desired; alternative Hedge Fund or Private Equity Fund experience will be considered.
- A degree in Accounting, Economics, Finance, Mathematics, or Business.
- Strong verbal and written communication skills.
- Ability to manage, coach, and develop a team.
- Strong analytical and problem-solving skills.
- Ability to work flexibly and effectively both in a team structure and independently.
- Strong interpersonal skills and the ability to influence at all levels of the organization.
- Strong systems, product, and process knowledge.
Nice To Haves
- Intention to pursue, or progress toward, a professional accounting qualification such as ACCA, CIMA, CPA, or ACA; this is advantageous but not required.
- Investran experience is ideal.
Responsibilities
- Manage the day-to-day operations of the Private Equity team.
- Oversee capital call and distribution processing.
- Prepare net asset value calculations and financial statements.
- Perform fee calculations and profit-and-loss allocations.
- Create and maintain waterfalls.
- Manage performance reporting, including IRRs.
- Prepare ad hoc client and investor reporting.
- Manage client relationships in coordination with the relevant Private Equity Director to ensure consistent service.
- Ensure the assigned accounting team operates within the defined and documented control environment.
- Manage and develop client teams of up to 10 employees.
- Resolve fund accounting inquiries escalated by Supervisors or Administrators.
- Develop and improve workflows and procedures.
- Manage the audit process to support timely and successful completion of fund audits.
- Manage and complete client onboarding and transitions.
- Manage fund accounting recruitment, training, and performance evaluations.
- Establish and maintain effective working relationships with other stakeholder groups.
- Remain flexible and adapt to varied client structures, client requirements, and business needs.
Benefits
- Flexible working arrangements.
- Comprehensive health and well-being benefits.
- Structured development programs, leadership opportunities, and clear paths for career growth.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
