Fund Accountant - Private Equity

Vertaccount; Philippines; On-site; PHP 800,000 - 1,200,000; Full time

Benefits offered by this job

HMO and Dental Coverage with 2 depend­

Annual Medical Reimbursement

Government-mandated benefits (SSS, PH/

Job summary

Vertaccount is seeking a Fund Accountant to support accounting, financial reporting, and administration for private equity fund vehicles. You will work with the CFO, fund administrator, and auditors to ensure timely reporting at fund and investor levels.

You will maintain ledgers, prepare GAAP financial statements, handle capital calls and distributions, and assist with audits and tax reporting. Experience in fund accounting and strong Excel skills are essential.

Qualifications

• Bachelor's degree in Accounting; CPA or progress toward CPA is a plus.
• 3–5 years of relevant experience in fund accounting, public accounting (audit), or fund administration, ideally with private equity or other alternative investment exposure.
• Strong understanding of partnership accounting, waterfall structures, and capital account mechanics.
• Proficiency with accounting and fund administration systems (Investran or similar) and advanced Excel skills.
• Strong knowledge of AI analytics tools (Claude or Microsoft Copilot) and their integration with Excel.
• Detail-oriented, analytical, and able to meet deadline-driven deliverables.
• Comfortable working night shifts following EST time.
• HMO and Dental Coverage with 2 dependents, Annual Medical Reimbursement, Government-mandated benefits, PTO, and wellness activities.

Responsibilities

• Maintain the general ledger and fund books for assigned entities, including capital calls and distributions.
• Prepare quarterly and annual US GAAP financial statements.
• Calculate capital calls, distributions, and waterfall allocations.
• Reconcile cash, investments, and capital accounts; review NAV packages with the fund administrator.
• Assist with quarterly investor reports and management fee/carry calculations.
• Support annual audit process with external auditors.
• Coordinate with tax preparers on K-1s and filings.
• Monitor compliance with partnership agreements and regulatory requirements.
• Assist with ad hoc analyses and investor due diligence requests.

Skills

Attention to detail

Analytical ability

Communication skills

Night-shift EST readiness

Education

Bachelor's degree in Accounting

CPA or progress toward CPA

Tools

Investran

Excel

Claude / Copilot integration with Excel

Job description

The Fund Accountant will support the accounting, financial reporting, and administration of one or more private equity fund vehicles, working closely with the CFO, fund administrator, and auditors to ensure accurate and timely fund-level and investor-level reporting.

Key Responsibilities

• Maintain the general ledger and books and records for assigned fund entities, including recording capital calls, distributions, management fees, and carried interest calculations.
• Prepare quarterly and annual financial statements in accordance with US GAAP.
• Calculate capital calls and distributions, including waterfall and allocation calculations across limited partners.
• Reconcile cash, investments, and capital accounts, and work with the fund administrator to review NAV packages and investor statements.
• Support the preparation of quarterly investor reports, capital account statements and management fee/carry calculations.
• Assist with the annual audit process, coordinating with external auditors and preparing supporting schedules and financial statement drafts.
• Support tax reporting needs, including coordination with tax preparers on K-1s and other filings.
• Monitor fund compliance with partnership agreements, side letters, and regulatory requirements.
• Assist with ad hoc financial analysis, investor due diligence requests, and special projects as needed.

Qualifications

• Bachelor's degree in Accounting; CPA or progress toward CPA is a plus.
• 3 to 5 years of relevant experience in fund accounting, public accounting (audit), or fund administration, ideally with private equity or other alternative investment exposure.
• Strong understanding of partnership accounting, waterfall structures, and capital account mechanics.
• Proficiency with accounting and fund administration systems ("Investran or similar") and advanced Excel skills.
• Strong knowledge of AI analytics tools ("Claude or Microsoft Copilot and their integration with Excel")
• Strong attention to detail, analytical ability, and communication skills, and manage deadline-driven deliverables.
• Comfortable working in a night-shift schedule, following EST time.
• HMO and Dental Coverage with 2 dependents
• Annual Medical Reimbursement
• Government-mandated: SSS, PHIC, HDMF
• 15 days Paid Time Off
• Annual Emergency Assistance
• Annual Birthday Treats
• Cash Advance
• Wellness Activities: Summer outings, team-building, team gatherings, year-end party, etc.