Senior Accountant

Cherry Bekaert•Bethesda, MD

18h•$115,000 - $135,000•Onsite

About The Position

Growing, notable PE/alternative investment firm, focused on the lower middle market and investing in value‑added distribution, logistics, and professional services businesses - is hiring for a Senior Accountant. Headquartered in Bethesda, MD, this company manages $1+ billion of assets across multiple funds and co‑investment vehicles. This is a collaborative, entrepreneurial and hands‑on team and 30-person company. They offering team members real responsibility, direct exposure to decision‑makers, and the opportunity to make a visible impact. The Opportunity We are seeking a Senior Accountant to join our growing finance team and play a key role in the accounting, reporting, and operational functions of the firm. Reporting directly to the Controller and CFO , this role offers broad exposure to private equity fund accounting, LP reporting, audits, compliance, and firm operations. This is a great opportunity for someone who enjoys ownership, thrives in a fast‑paced environment, and wants to deepen their experience within an institutional private equity platform. What You’ll Do As a Senior Accountant, you will be deeply involved across fund and management company activities, including:

Requirements

Bachelor’s degree with 3+ years of experience in private equity, alternative investments, or fund administration
Strong understanding of partnership accounting
Advanced Excel skills and comfort working with complex financial data
Experience with fund accounting or partnership accounting systems preferred
Ability to manage multiple priorities in a deadline‑driven environment
Strong communication skills and a collaborative mindset
High degree of integrity, discretion, and professionalism
Detail‑oriented, analytical, and solutions‑focused
Interest in leveraging technology and automation to improve processes
Willingness to roll up your sleeves and contribute wherever needed

Nice To Haves

CPA is a plus
Experience with fund accounting or partnership accounting systems preferred

Responsibilities

Oversee quarterly and annual financial reporting for RCP’s investment funds in coordination with the outsourced fund administrator
Support capital calls, distributions, partner capital accounts, and investor financial statements
Maintain investor portals and respond to ad hoc Limited Partner reporting requests
Perform partnership accounting across complex fund and entity structures
Manage interim and year‑end audit processes and serve as a key liaison with external auditors
Assist with investment transactions, including funds flow reviews, investment allocations, and wiring activity
Support fundraising efforts, including due diligence questionnaires and supporting schedules
Manage cash and treasury activities across funds, capital calls, distributions, reserves, and bill payments
Assist with management fee calculations, waterfalls, IRRs, and other complex financial models
Support tax, regulatory, credit facility, and other required filings
Partner with the Chief Compliance Officer on SEC compliance initiatives, including vendor diligence
Help track and bill portfolio company reimbursements and quarterly fees
Support management company finance activities, including allocations, intercompany balances, and expense management
Train employees on expense policies and oversee monthly expense reporting
Assist with vendor management, W‑9 collection, and annual 1099 preparation
Contribute to office administration activities as needed
Identify and implement ways to increase efficiency, including the thoughtful use of automation and AI tools
Take on ad hoc projects that support the broader business