# Fund Accountant
**Company:** [Opto](https://hotfix.jobs/companies/opto)
**Location:** New York, NY
**Salary:** $90K-$110K
**Experience:** 2+ years
**Skills:** Fund Accounting, Private Equity, U.S. Gaap, Nav Calculations, Waterfall Calculations, Carried Interest, Asc 820, Excel, Process Automation, Financial Reporting, Audit Coordination, Capital Calls, Irr Calculations, Lpas, Risk Management
**Posted:** 2026-06-26
> Fund Accountant responsible for quarterly NAV closes, financial reporting, capital calls, audits, and tax coordination for private equity/alternative investment funds. Requires 2-6 years fund accounting experience and CPA or plans to pursue.
## Job Description
## 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
**Apply:** https://hotfix.jobs/jobs/fund-accountant-at-opto-324dddf4-b549-4a2f-b606-dd1dde32c254
**Canonical:** https://hotfix.jobs/jobs/fund-accountant-at-opto-324dddf4-b549-4a2f-b606-dd1dde32c254