Accounting Manager

LHH; San Diego (CA); Remote; USD 115,000 - 135,000; Full time

Job summary

An established industry player is seeking a Fund Accounting Manager to join its dynamic investment management team. This exciting role involves overseeing the accounting and operations for multiple investment funds, ensuring accurate financial reporting and compliance with accounting standards. The ideal candidate will have a strong background in fund accounting and investment operations, working closely with senior leadership and external service providers. Join this high-performing team and contribute to enhancing efficiency in fund operations while thriving in a fast-paced environment. If you're ready to take on this challenge and make a significant impact, we want to hear from you!

Qualifications

• 2+ years in fund accounting or public accounting required.
• Experience with fund administrators and prime brokers preferred.

Responsibilities

• Oversee accounting and operations for investment funds.
• Prepare daily position reporting and financial statements.
• Implement process improvements in fund accounting operations.

Skills

Fund Accounting

Financial Reporting

Investment Operations

Analytical Skills

Problem-Solving Skills

Attention to Detail

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Tools

Excel

Fund Accounting Software

Job description

This range is provided by LHH. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Executive Recruiter | Finance & Accounting in San Diego

Location: Remote – EST Hours

Compensation: $115,000–$135,000

Position Summary

We are seeking a Fund Accounting Manager to join a dynamic investment management firm. This role will oversee the accounting and operations for multiple investment funds, ensuring accurate financial reporting, trade reconciliation, and compliance with accounting standards. The ideal candidate will have a strong background in fund accounting, financial reporting, and investment operations. This position works closely with senior leadership and external service providers, including prime brokers, fund administrators, and trading desks, to support the firm’s investment activities.

Key Responsibilities

• Oversee the day-to-day accounting and operational processes for investment funds, ensuring accurate and timely reporting.
• Prepare and review daily position reporting, including reconciliation of cash balances, trades, and security positions.
• Monitor and resolve trade breaks by coordinating with prime brokers, administrators, and trading counterparties.
• Assist in the calculation and review of management fees, performance fees, and investor allocations.
• Prepare financial statements, NAV calculations, and investor reports in compliance with GAAP and fund agreements.
• Review and analyze fund expenses, ensuring proper classification and allocation.
• Support annual audits by coordinating with external auditors and preparing required schedules.
• Assist with tax reporting requirements, including K-1s and other regulatory filings.
• Implement process improvements and automation to enhance efficiency in fund accounting operations.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required.
• 2+ years of experience in public accounting or fund accounting within an investment firm, hedge fund, or private equity.
• Experience working with fund administrators, prime brokers, and trading desks preferred.
• CPA or CFA preferred.
• Strong proficiency in Excel and experience with fund accounting software (e.g., Advent Geneva, Investran, or similar).
• Detail-oriented with excellent analytical and problem-solving skills.
• Ability to work in a fast-paced, deadline-driven environment while operating on Eastern Time (EST) business hours.

This is an exciting opportunity to join a high-performing investment team and play a key role in fund operations and financial reporting. If you have the expertise and ambition to thrive in this role, we’d love to connect!

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing

Industries

Financial Services, Venture Capital and Private Equity Principals, and Funds and Trusts