Fund Accountant - Private Equity (Work from Home)

Vertaccount Inc.; Makati; Remote; PHP 900,000 - 1,500,000; Full time

Job summary

Vertaccount Inc. in the Philippines seeks a Fund Accountant to support accounting, financial reporting, and administration of private equity fund vehicles, collaborating with the CFO, fund administrator, and auditors to ensure accurate fund- and investor-level reporting.

Responsibilities include maintaining ledgers, preparing US GAAP financials, calculating capital calls and waterfall allocations, and reconciling accounts, with emphasis on audit coordination and investor statements.

Qualifications

• Bachelor's degree in Accounting or related field.
• 3–5 years in fund accounting, audit, or fund administration.
• Experience with private equity or alternative investments is preferred.
• Strong understanding of partnership accounting, waterfalls, and capital mechanics.
• Experience with accounting systems (e.g., Investran) and advanced Excel.

Responsibilities

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

Skills

US GAAP

Waterfall models

Advanced Excel

Fund accounting

AI analytics tools

Education

Bachelor's degree in Accounting

Tools

Investran

Excel

Job description

Position Overview

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 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 (e.g., Investran or similar) and advanced Excel skills.
• Strong knowledge of AI analytics tools (e.g., 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.