Fund Accountant

Responsibilities

• Assist with the quarterly NAV close and financial statement process, reviewing administrator workpapers and reconciliations to ensure accuracy and compliance with U.S. GAAP and Limited Partnership Agreements
• Perform reconciliations of P&L, cash, capital, and investment positions
• Handle complex private portfolio company transactions, including secondary transactions, co-investments, and restructuring events
• Calculate waterfalls and carried interest with full audit trail and compliance with side letters
• Manage management fees, offsets, and expense allocations
• Compute gross and net IRR calculations and other performance metrics (TVPI, DPI) for investor reporting
• Plan and coordinate capital calls and distributions, managing the end-to-end process including review of calculations, notices, and wire execution
• Support valuation governance under ASC 820, prepare pricing documentation, and coordinate materials for valuation committee approval
• Lead the annual audit process, including PBC coordination, audit queries, and timely issuance of audited financials
• Oversee tax process for the funds, coordinating with tax providers and/or fund administrator
• Contribute industry and operational knowledge to product development and new fund launches
• Design and implement accounting policies, internal controls, and best practices to scale finance operations
• Partner with Business, Investor Relations, and Compliance, providing analyses, data, and responses to investor and regulatory queries
• Coordinate the fund's payment and expenses process to ensure compliance with the fund documents, timely and accurate execution, and reporting

Requirements

• 2–6 years of progressive experience in fund accounting within private equity, fund administration, or alternative investments
• CPA or plans to pursue
• Proficiency with Excel and data analysis; familiarity with process automation tools
• Experience interpreting and understanding Limited Partnership Agreements and Private Placement Memoranda
• Skilled in working with complex entity structures and report consolidations
• Strong critical thinking, problem-solving, and decision-making abilities
• Excellent communication skills and ability to multitask to meet multiple deadlines
• Experience overseeing and monitoring the timely delivery of top-quality client deliverables
• Experience using technology to automate processes and gain efficiency
• Experience providing training and guidance to new and existing team members
• Well-versed in risk management, identifying risk, and implementing appropriate controls

Nice-to-Haves

• Public accounting experience (Big 4/Top 10)
• Experience working in a startup environment
• Registered Fund working experience
• IFRS experience