Senior Fund Accountant

Gen II Careers•New York, NY

1d•Hybrid

About The Position

Gen II Fund Services is seeking a Senior Fund Accountant to join its growing team. The role provides exposure to the full private equity fund lifecycle and funds across areas such as sports, oil and gas, real estate, and credit. The Senior Fund Accountant contributes to technical excellence, client service, and operational integrity while supporting process improvements and fund operations. The position involves reviewing accounting records and workpapers, preparing fund communications and consolidated financial statements, allocating profits and losses, analyzing investment documents and structures, and calculating tax expense and related deferred tax balances. It also includes training new employees and assisting with new fund transitions or setup. The salary range is $80,000–$100,000, plus a discretionary bonus and comprehensive benefits package. The actual salary within the range depends on experience. All U.S. employees work a hybrid schedule of three days in the office and two days remotely. Applicants must be legally authorized to work in the United States.

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.
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 in accordance with 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.
Assist with new fund transitions and/or setup.