Senior Fund Accountant

Gen II Careers•Dallas, TX

1d•$80,000 - $100,000•Hybrid

About The Position

Gen II Fund Services is seeking a Senior Fund Accountant to support private equity fund administration across the full fund lifecycle. The role provides exposure to newly launched and first-to-market funds in areas including sports, oil and gas, real estate, and credit, as well as work with top-tier sponsors. The accountant contributes to technical excellence, client service, operational integrity, and process improvement. The position includes examining and analyzing accounting records, reviewing workpapers, preparing financial and investor-related materials, performing allocation and tax calculations, and supporting investment structures and fund transitions. The role follows a hybrid schedule: 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, with the actual offer depending on experience. The position also offers a discretionary bonus and comprehensive benefits package.

Requirements

Bachelor’s degree in Accountancy, Economics, and/or Finance.
Working knowledge of consolidations with non-controlling interest.
Working knowledge of realized and unrealized waterfall allocations.
At least 2 years of experience in a private equity fund accounting position.
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 and prepare capital call and distribution letters.
Calculate carried interest and allocate profits and losses under fund governing agreements, including special allocations for blocked or tax-exempt partners.
Prepare consolidated financial statements and 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.