Senior Fund Accountant

Yalecrest Partners • Salt Lake City, UT

1d

About The Position

The Senior Fund Accountant owns accounting and reporting for a multi-strategy portfolio of private credit and private equity investments. The role works independently on complex projects, manages relationships with fund administrators, auditors, and tax advisors, and supports the investment team with financial analysis. It is suited to someone with a Big 4 background who wants to move from auditing funds to running them.

Requirements

• Bachelor’s degree in accounting or finance.
• At least 4 years of total experience.
• At least 2 years of audit experience at a Big 4 accounting firm.
• Strong knowledge of US GAAP.
• Advanced Excel skills.
• Proven ability to manage multiple projects and deadlines independently with a high degree of accuracy.
• Strong written and verbal communication skills.

Nice To Haves

• CPA license preferred.
• Experience with investment companies, private funds, or alternative assets strongly preferred.
• Familiarity with partnership accounting and fund structures is a plus.
• Financial modeling experience is a plus.

Responsibilities

• Prepare and review quarterly and annual financial statements in accordance with US GAAP.
• Oversee NAV calculations, capital calls, distributions, management fee calculations, and carried interest/waterfall calculations; review the fund administrator’s work.
• Prepare and verify investor reporting, including quarterly LP reports, capital account statements, and regulatory filings.
• Coordinate the annual audit process and serve as the primary point of contact for external auditors.
• Partner with third-party tax advisors on entity tax returns, K-1s, and related filings, reviewing them for accuracy and timeliness.
• Support the investment team with financial analysis and modeling for prospective private credit and equity transactions.
• Research and resolve accounting issues and discrepancies with internal teams, administrators, and investors.
• Conduct ad hoc analyses and present findings to senior management.
• Identify and implement process improvements across fund accounting and reporting workflows.

What This Job Offers

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