Fund Accountant Jobs

About The Position

Requirements

• Bachelor's degree in accounting.
• 3–5 years of experience in public accounting, tax, or at an established Fund Administrator servicing private investment funds or alternative asset clients.
• Experience with complex fund structures.
• Advanced analytical reasoning skills.
• Proficiency in Excel and/or familiarity with fund accounting software.
• Effective communication skills with internal team members and external advisors and investors.
• Demonstrated ability to be a team player, self-starter, and independent thinker.
• Ability to work in a deadline-focused environment with a high level of accuracy.

Nice To Haves

• CPA.
• Experience with Investran, eFront, Allvue, or equivalent fund accounting software.
• Experience with Power BI, Power Query, or Alteryx.

Responsibilities

• Oversee period financial close processes prepared by the third-party Fund Administrator for managed closed-end funds pursuing private equity and debt strategies.
• Support integration and enhancement of technology tools to improve automation and data quality.
• Collaborate with investment, operations, and compliance teams on process and data initiatives.
• Review key calculations, including management fees and carried interest.
• Work with the valuation team to ensure fair value adjustments are recorded accurately.
• Review fund reporting metrics, including gross and net ROI and IRR.
• Review calculations for investor capital calls, distributions, and capital statements.
• Review ILPA-compliant schedules for fund limited partners as necessary.
• Work with the client's Director of Tax and outsourced tax advisors, supporting preparation, execution, and processing of K-1s, tax estimates, tax returns, tax distributions, and tax notices.
• Assist with investor communications, investor relations requests, and due diligence requests.
• Support investment fund cash management, including banking compliance obligations.
• Produce monthly, quarterly, and annual financial statements for entities and stakeholders.
• Assist with budgeting and forecasting deliverables.
• Maintain supporting schedules and workpapers to substantiate accounts and transactions.
• Reconcile accounts and record accruals as needed.
• Assist with annual audits.

Benefits

• 90% of medical, dental, and vision insurance premiums covered.
• Employer-funded Health Savings Account contributions up to the IRS maximum for employees enrolled in the high-deductible health plan.
• 401(k) employer match of 100% of contributions up to 5% of compensation, with immediate vesting.
• Flexible paid time off.
• Generous holiday calendar.
• Hybrid work environment.