Fund Accounting Lead

Infinit-O; Metro Manila; On-site; PHP 1,500,000 - 2,100,000; Full time

Job summary

Infinit-O is seeking a highly skilled Fund Accounting Lead to drive financial excellence across Private Equity funds. You will own NAV calculations for the most complex fund structures, act as a technical escalation point, and partner with fund controllers to ensure data integrity, reporting accuracy, and efficient operations.

You will oversee capital calls, distributions, waterfalls, and multi-currency structures, while leading process improvements, audits, and client service excellence in a

Qualifications

• 6+ years of experience in fund accounting or fund administration, with a strong focus on Private Equity or closed-end fund structures.

Responsibilities

• Own end-to-end NAV calculation and production for complex fund structures.
• Balance reconciliations with fund administrators, custodians, prime brokers, and banks.
• Calculate and verify income/expenses allocations, including side letters and equalization.
• Oversee capital calls, drawdowns, distributions, waterfalls, and carried interest calculations.
• Support multi-tier, multi-currency structures (SPVs, feeders, continuation vehicles, etc.).
• Drive month-end close, audit readiness, and improvements to workflows and SOPs.

Job description

Infinit-O is the trusted, customer-centric, and sustainable leader in Business Process Optimization. We empower finance and healthcare organizations to thrive in a digital-first world by combining specialized industry expertise and innovative technology for 20 years.

We navigate complex industry landscapes to drive transformative outcomes, helping businesses streamline operations, enhance customer experience, and achieve sustainable growth backed by a world-class Net Promoter Score of 75. Our approach combines operational efficiency with a human-centered ethos, ensuring sustainable value creation for our clients and team members.

As a Certified B Corporation, Infinit-O is committed to the highest standards of social and environmental performance, accountability, and transparency. We embed these values into every aspect of our operations—aligning business success with a positive impact on our clients, people, and communities.

Our commitment to Diversity, Equity, and Inclusion (DEI) is integral to our mission. We believe that building inclusive, equitable teams is not only the right thing to do—it is also essential for driving innovation and better business outcomes. We actively promote equal opportunity through inclusive hiring practices, continuous learning programs, and regular equity assessments to ensure a fair and empowering workplace for all.

Role Overview

We are seeking a highly skilled and analytical Fund Accounting Lead to drive financial excellence across Private Equity funds. In this role, you will act as a strategic partner to Fund Controllers, providing them with institutional-grade data, transparency, and reporting. You will serve as the firms subject-matter expert on private equity fund accounting — personally owning our most complex fund structures and calculations, acting as the technical escalation point for the wider team, and ensuring data integrity, operational efficiency, and top-tier client service while actively identifying and implementing process improvements to optimize our accounting ecosystems.

Key Responsibilities:

• Own the end-to-end calculation and production of Net Asset Value (NAV) for the firm's most complex and highest-risk fund structures. Oversee comprehensive cash, position, and Trial
• Balance reconciliations against fund administrators, custodians, prime brokers, and bank accounts to ensure efficient breaks resolution.
• Calculate and validate the allocation of income, expenses, gains, and losses across partner accounts, including non-standard economics driven by side letters and equalization. Review quarterly and annual Partner Statements to ensure accurate tracking of paid-in capital, unfunded commitments, and clawbacks.
• Act as the technical owner for the most complex Private Equity lifecycle events, including:
  • Execution and calculation of capital calls, drawdowns, and distributions.
  • Verification of complex waterfall models, distribution rules, preferred returns, and carried interest calculations.
  • Pre- and post-closing transaction support for new portfolio investments.
  • Multi-tier and multi-currency structures — SPVs, feeder and parallel funds, continuation vehicles, and fund-level credit facilities.
• Drive month-end close workflows and review quarter-end and year-end financial statements, ensuring all supporting schedules and trial balances are accurate and audit-ready. Serve as the primary technical point of contact for external auditors and resolve complex audit inquiries directly.
• Critically evaluate existing accounting workflows, reporting cycles, and system integrations to uncover inefficiencies, manual bottlenecks, or operational risks.
• Develop scalable, automated, or streamlined standard operating procedures (SOPs) to address identified gaps and enhance delivery speed and data accuracy.
• Serve as subject-matter expert on the implementation of new accounting tools, technologies, and optimized workflows — defining requirements, running parallel testing, and documenting procedures so the team can adopt them smoothly and deliver seamlessly to clients.
• Drive leverage for our clients by deeply understanding their fund structures and strategic needs while scaling our fractional CFO and advisory operations.
• Enable data-driven decision-making for fund managers by leveraging advanced tools to deliver critical PE metrics, including real-time Internal Rate of Return (IRR), portfolio company valuation tracking, and key performance indicators (TVPI, RVPI, and DPI).
• Serve as the final quality control checkpoint for the most complex calculations and client deliverables, ensuring institutional-grade reporting accuracy and zero-defect output.
• Act as the escalation point and technical resource for other fund accountants, providing problem-solving frameworks that help them navigate complex private equity accounting scenarios and adapt to newly optimized processes.
• Monitor daily operational workflows, analyze performance variances against targets, and execute root-cause analysis to implement permanent process improvements.
• Contribute to technical interviews and deliver technical onboarding and continuous training for new team members.

Job Requirements and Credentials:

• 6+ years of experience in fund accounting or fund administration, with a strong focus on Private Equity or closed-end fund structures (experience with capital calls, waterfalls, and NAV reconciliations is required).
• Proven track record of successfully identifying accounting process gaps and implementing operational optimizations or financial technology solutions.
• 1-3 years of direct supervisory or team management experience, with track record of reviewing work of direct reports.
• Recognized depth in the hardest areas of private equity fund accounting — multi-tier waterfalls, carried interest and clawback mechanics, equalization, and multi-currency structures — with a track record of being the escalation point others rely on.
• Highly organized with impeccable attention to detail and a track record of meeting strict financial deadlines.
• Bachelor’s degree in Accounting, Finance, or a related field. CPA or progress toward a CPA/CFA/CAIA is a significant plus.
• Proactive, curious, and driven to dismantle inefficient legacy processes in favor of scalable, modern solutions.
• Genuinely passionate about delivering exceptional client service and supporting the growth of our partners.
• Excited by new challenges, highly responsive, and capable of managing competing priorities in a fast-paced environment.
• Proven ability to articulate highly technical, complex financial and accounting concepts in a clear, concise manner.