Associate, Private Wealth Fund Finance & Operations

Pantheon; New York (NY); On-site; USD 115,000 - 125,000; Full time

Benefits offered by this job

Generous employee benefits

Discretionary bonus

Job summary

Pantheon is seeking an Associate to support day-to-day controllership across a portfolio of US Private Wealth fund structures. You will review NAV packages, reconcile fees, and ensure reporting accuracy while partnering with Investments, Legal, Tax, Risk, Compliance, and Operations.

The role emphasizes oversight rather than preparation of books, with opportunities to scale the Private Wealth operations platform. Collaborative, growth-oriented environment offered.

Qualifications

• 3–6 years in fund accounting, fund finance, or audit within private markets.
• CPA designation preferred or in progress.
• Working knowledge of US GAAP for investment companies.

Responsibilities

• Review NAV packages and statements prepared by third-party administrators.
• Provide fund-level NAV oversight across evergreen funds.
• Recalculate and reconcile management and incentive fees.
• Review expenses and accruals for accuracy and policy compliance.
• Perform analytical reviews of NAV movements and fee calculations.
• Support governance materials from a financial reporting perspective.
• Maintain documentation linking valuations to reported NAV and performance.

Skills

Analytical skills

Communication

Organization

Adaptability

Education

CPA designation

Tools

Excel

Fund administration tools

Job description

Associate, Private Wealth Fund Finance & Operations

New York, New York, United States

Pantheon has been at the forefront of private markets investing for more than 40 years, earning a reputation for an innovative approach to investing in secondaries, co-investments, and primary fund investments, as well as capital formation across commingled funds, evergreen vehicles and customized solutions. Our specialist investment capabilities span multiple strategies across private equity, infrastructure and real assets, and private credit. Through our collaborative and committed culture, we find new ways to solve complex problems together and deliver innovative investment opportunities across private markets. Pantheon currently manages approximately $82.3 billion in AUM across all its strategies, serving more than 750 institutional and 638 private wealth clients worldwide

This role sits within the US Private Wealth Fund Finance & Operations team and supports the oversight and controllership framework across a portfolio of US Private Wealth fund structures, including evergreen vehicles.

Operating within an adviser model where books and records are maintained by third-party administrators, the Associate supports day-to-day controllership execution: reviewing fund administrator deliverables, performing analytical reviews, reconciling valuation outputs, and maintaining documented evidence of oversight. The role provides oversight and challenge - not preparation of the books and records.

The Associate works closely with senior members of the team and will play a meaningful role in building out the Private Wealth operations platform as it scales.

Key Responsibilities:

• Review NAV packages, financial statements, and capital activity deliverables prepared by third-party administrators.
• Provide fund-level NAV oversight across the evergreen fund range, including monthly review and sign-off support for administrator-produced NAVs.
• Recalculate incentive fees and management fees independently and reconcile results to administrator calculations, investigating and resolving differences.
• Review fund expenses and accruals for accuracy, appropriate allocation, and consistency with governing documents and expense policies.
• Perform analytical reviews of NAV movements, portfolio changes, expense trends, and fee calculations.
• Check consistency of reporting with governing documents and applicable accounting standards.
• Identify discrepancies or unusual movements, elevate appropriate, and track items through to resolution.
• Maintain documented evidence of oversight, issue logs, and reporting calendars.
• Reconcile valuation outputs to accounting records and investigate differences.
• Support preparation of materials for governance forums from a financial reporting perspective.
• Maintain documentation linking valuation conclusions to reported NAV and performance.

Investor Reporting & Stakeholder Support

• Validate financial and performance data used in investor reporting materials.
• Prepare summaries of capital activity, liquidity, and portfolio-level metrics.
• Support responses to investor financial and performance-related queries.
• Liaise with colleagues across Investments, Legal, Tax, Risk, Compliance, and Operations.

Audit, Control & Platform Build-Out

• Support annual audit processes, including tracking audit queries, adjustments, and resolution.
• Maintain structured documentation evidencing adviser-side oversight and support regulatory examinations as needed.
• Assist with onboarding new fund structures into reporting and valuation workflows.
• Contribute to process improvements, controls documentation, and scalability initiatives as the team grows.

Qualifications & Experience

• 3-6 years' experience in fund accounting, fund finance, or audit roles within private markets; exposure to private wealth or evergreen fund structures is beneficial.
• CPA designation (or active progress toward it) is preferred; public accounting or fund administration background is beneficial.
• Working knowledge of US GAAP applicable to investment companies and fund structures.
• Experience working with, or reviewing the output of, third-party fund administrators is desirable.

Skills & Attributes

• Strong analytical and Excel skills with high attention to detail.
• Clear written and verbal communication; comfortable interacting with stakeholders across functions.
• Exceptionally well organized - manages multiple fund deadlines, checklists, and issue logs simultaneously without items falling through the cracks.
• Follows instructions and established procedures precisely; executes direction from senior team members accurately and knows when to ask questions or.
• Proactive and adaptable - able to operate effectively in a growing platform where processes are still being built.

Expected base salary range: USD 115,000 - USD 125,000

Actual base salary is determined by a range of factors including individual experience, skills and qualifications.

In addition to the above salary, Pantheon offers a generous employee benefits package, and successful candidates are eligible to receive a discretionary bonus

This job description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. You may be required to perform other job-related duties as reasonably requested by your manager.Pantheon is an Equal Opportunities employer, we are committed to building a diverse and inclusive workforce so if you're excited about this role but your past experience doesn't perfectly align we'd still encourage you to apply.