Senior Associate, Fund Finance

Partner's Capital • Boston, MA

2d • Hybrid

About The Position

The Fund Services Senior Associate (Fund Finance) plays a key role in supporting the accounting and operational infrastructure of Partners Capital’s $20+ billion global fund platform. This individual will work closely with senior team members and PMs to ensure the firm’s pooled vehicles are structured, accounted for, and operated in accordance with institutional best practices. While actively supporting day-to-day fund finance operations across 80+ multi-asset class vehicles, the role is heavily focused on technical accounting execution and analysis. The Senior Associate will contribute to the evaluation and implementation of new fund structures, perform detailed accounting assessments for complex arrangements, support third-party oversight, and help enhance processes and controls to ensure accuracy and scalability. The ideal candidate combines strong technical accounting expertise and analytical rigor with sound judgment and attention to detail. This role requires the ability to interpret and apply accounting guidance to complex fund structures, prepare clear technical analyses and documentation, and partner effectively across teams to support the firm’s continued growth. Experience with the operational needs and regulatory compliance of 40 Act structure is a plus.

Requirements

• Degree in Finance or Accounting or other related area with a strong GPA.
• CPA, CFA, or equivalent qualification.
• Strong technical accounting acumen with the ability to translate complexity into operations.
• Four+ years’ experience working in fund accounting / operations.
• Working knowledge of various financial products and investment strategies.
• Excellent attention to detail and problem-solving skills.
• Comfort with data analysis and strong technical acumen, specifically in Microsoft Excel.
• Highly motivated and proactive, anticipates what should be done to solve a problem, improve a process, and mitigate risk.
• Excellent organizational and project management skills; ability to thrive in a fast-paced environment and take responsibility for all aspects of a task.
• Team player who is comfortable working in an entrepreneurial company.

Nice To Haves

• Experience with the operational needs and regulatory compliance of 40 Act structure is a plus.
• PowerBI is a plus.

Responsibilities

• Support oversight of core fund finance functions across $20+ billion AUM and 80+ pooled vehicles spanning multiple asset classes and jurisdictions
• Maintain and enhance accounting policies, controls, and documentation to safeguard fund cash and uphold institutional standards
• Oversee day-to-day technical fund accounting, including core processes such as expense allocation and accruals, fee calculations, and NAV oversight.
• Coordinate with senior PMs to ensure proper accounting treatment of complex transactions such as secondaries and direct co-investments.
• Support other related operational processes such as cash and holdings reconciliations, fair valuation, and / or pre-trade compliance.
• Contribute to the ongoing refinement of governance frameworks to ensure alignment with regulatory and investor expectations
• Perform technical accounting analysis for complex fund structures, deals, fee arrangements, and multi-entity vehicles
• Assess accounting implications of new strategies and support scalable implementation
• Serve as a key contact for auditors and advisors on technical accounting matters, preparing analyses and supporting documentation
• Work closely with client CIOs, fund PMs, and research teams to ensure fund accounting considerations are incorporated into strategic and operational decisions
• Support initiatives that enhance fund efficiency, transparency, and overall client experience
• Coordinate across internal teams to ensure alignment and timely execution of fund-related initiatives
• Help evolve accounting architecture and controls as fund complexity increases
• Partner with key external providers to ensure accurate execution and issue resolution
• Manage day-to-day relationships with fund administrators, auditors, and other service providers
• Participate in fund-related discussions with external stakeholders, representing the firm professionally and effectively
• Support operational transformation initiatives, including implementation and optimization of Portfolio Management systems
• Drive process improvements, automation, and data enhancements to improve efficiency and reporting quality
• Responsible for ensuring all information security processes, policies and procedures are adhered to and any issues or concerns are raised with the Cyber Security team
• Ensure full compliance with all local data protection regulations and privacy controls, and any related issues are raised via the appropriate channels

Benefits

• professional development and career progression opportunities
• competitive compensation
• exceptional benefits
• flexible “results-focused” working model
• medical, dental, and vision insurance
• short and long-term disability insurance
• life insurance
• flexible spending accounts
• commuter benefits
• paid time off
• 401(k) plan with employer matching
• global philanthropy via a charity program and volunteer day
• wellness and social events
• support the pursuit of professional certifications such as the Chartered Financial Analyst (CFA), Chartered Alternative Investment Analyst (CAIA), etc.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior