Senior Fund Accountant

Gen II Fund Services•New York, NY

2d•$80,000 - $100,000•Hybrid

About The Position

Gen II Fund Services is seeking a Senior Fund Accountant to support private equity fund administration and maintain the company’s standards for technical excellence, client service, and operational integrity. The role offers exposure to the full private equity fund lifecycle, including funds in sports, oil and gas, real estate, credit, and other areas, as well as work with top-tier sponsors and opportunities to contribute to process improvements. The Senior Fund Accountant examines accounting records, reviews workpapers, prepares fund communications and financial statements, and performs allocations and tax-related calculations. The position also involves analyzing investment documents, establishing investment structures, training new employees, and assisting with new fund transitions or setup. US employees work a hybrid schedule of three days per week in the office and two days remotely. Applicants must be legally authorized to work in the United States. The salary range is $80,000–$100,000, plus a discretionary bonus and comprehensive benefits package; the actual offer depends on experience.

Requirements

Bachelor’s degree in Accountancy, Economics, and/or Finance.
Working knowledge of consolidations with non-controlling interest.
Working knowledge of preparing financial statements.
At least 2 years of experience in hedge fund accounting or private equity auditing.
Must be legally authorized to work in the United States.

Responsibilities

Examine and analyze accounting records for accuracy, completeness, and conformance to reporting standards.
Review workpapers; prepare call and distribution letters; calculate carried interest; and allocate profits and losses according to fund governing agreements, including special allocations for blocked or tax-exempt partners.
Prepare consolidated financial statements with footnotes.
Analyze investment documents and set up investment structures, including holding companies, AIVs, and blockers.
Calculate current and deferred tax expense or benefit and related deferred tax assets and liabilities.
Train new employees and assist with new fund transitions and/or setup.