Senior Accountant

Cherry Bekaert • Chicago, IL

2d • Hybrid

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 the Chicago suburbs, 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.

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
• 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 preferred
• "Big-4" or regional/national tax training preferred
• 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

Benefits

• 10% annual bonus target
• 3-4 days in-office schedule
• Real responsibility
• Direct exposure to decision‑makers
• Opportunity to make a visible impact

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 501-1,000 employees