Senior Associate, Fund Accounting

HarbourVest Partners•Boston, MA

4d•$105,000 - $115,000•Hybrid

About The Position

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking. In our collegial environment that’s marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences. We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm. HarbourVest is an equal opportunity employer. This position will be a hybrid work arrangement, which translates to 3-4 days minimum per week in the office. HarbourVest Partners is seeking a Senior Associate on the Fund Accounting and Administration team. This role involves all aspects of accounting, financial reporting, and client reporting tasks for fund of funds and private credit investment vehicles. The Senior Associate will also handle cash management, work with external auditors, and manage third-party service providers.

Requirements

A technical understanding of US GAAP, its application to asset management (specifically fund of funds and private credit), and the ability to apply GAAP concepts to sophisticated transactions and complex fund structures
Strong analytical, problem-solving skills and is detail oriented
Strong written and verbal communication skills and an ability to multitask are critical
Experience in coordinating the day-to-day operations with fund administrators, including communications for capital calls, distributions, redemptions, and financial reporting and monitoring of critical metrics
Ability to work independently, prioritize multiple tasks, manage production calendars across multiple participants & interested parties
A proactive, can-do attitude to ensure all reporting and deliverables are completed in line with agreed timelines
4+ years of experience in public and/or private accounting focused on the asset management industry, preferably with fund of funds or private credit fund experience.

Nice To Haves

CPA preferred

Responsibilities

First level review of the quarter end close, financial reporting, and capital account statements for your Funds
Prepare distribution recommendations working closely with portfolio management, investment operations and the treasury function
Work closely with various internal partners to ensure an efficient operating model is in place for the credit funds
Assist Fund Controller with matters related to closings and terms of legal documents
Compile financial information for purposes of regulatory filings (i.e., Form ADV/PF)
Other responsibilities as required