AVP of Fund Accounting

Atlantic Group; New York (NY); On-site; USD 150,000 - 180,000; Full time

Job summary

Atlantic Group in New York is seeking an AVP of Fund Accounting to lead month-end, quarter-end, and year-end closes for investment funds. You will review NAV calculations, financial statements, and investor reporting packages while ensuring accurate recording, reconciliation, and strong internal controls.

The role requires building and maintaining relationships with fund administrators, custodians, auditors, tax advisors, and other providers, plus driving audits, regulatory filings, and tax

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 6–10+ years of fund accounting/management experience.
• Strong understanding of fund structures and investment products (PE, hedge funds, private credit, real estate, or other alternatives).

Responsibilities

• Oversee monthly, quarterly, and annual accounting closes for investment funds.
• Review and approve NAV calculations, financial statements, and investor reporting packages.
• Ensure accurate recording and reconciliation of portfolio transactions, cash activity, accruals, expenses, and capital activity.
• Manage relationships with fund administrators, custodians, auditors, tax advisors, and other third-party service providers.
• Coordinate and support annual audits, regulatory filings, and tax reporting processes.
• Review fund performance and operational metrics, identifying and resolving accounting or reporting issues.
• Ensure compliance with accounting policies, internal controls, fund governing documents, and applicable regulations.
• Lead and mentor fund accounting staff, providing guidance, coaching, and performance management.
• Drive process improvement initiatives, system enhancements, and operational efficiencies.
• Partner with portfolio management, investor relations, operations, compliance, and senior leadership on strategic projects and business initiatives.
• Assist with new fund launches, restructurings, and complex transactions.
• Oversee the preparation and review of management reports and ad hoc analyses for senior leadership and clients.

Skills

Fund accounting expertise

Leadership

Regulatory compliance

Relationship management

Attention to detail

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Fund accounting software

Job description

Location: Midtown NYC, 4x/week in office

Compensation: 150k to 180k with bonus

Our client, a 70B top-tier asset manager with a high growth platform, is seeking AVP of Fund Accounting to join their team.

Key Responsibilities

• Oversee the monthly, quarterly, and annual accounting close processes for investment funds.
• Review and approve fund NAV calculations, financial statements, and investor reporting packages.
• Ensure the accurate recording and reconciliation of portfolio transactions, cash activity, accruals, expenses, and capital activity.
• Manage relationships with fund administrators, custodians, auditors, tax advisors, and other third-party service providers.
• Coordinate and support annual audits, regulatory filings, and tax reporting processes.
• Review fund performance and operational metrics, identifying and resolving accounting or reporting issues.
• Ensure compliance with accounting policies, internal controls, fund governing documents, and applicable regulations.
• Lead and mentor fund accounting staff, providing guidance, coaching, and performance management.
• Drive process improvement initiatives, system enhancements, and operational efficiencies.
• Partner with portfolio management, investor relations, operations, compliance, and senior leadership on strategic projects and business initiatives.
• Assist with new fund launches, restructurings, and complex transactions.
• Oversee the preparation and review of management reports and ad hoc analyses for senior leadership and clients.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 6-10+ years of fund accounting, fund administration, public accounting, or investment management experience.
• Strong understanding of fund structures and investment products, including private equity, hedge funds, private credit, real estate, or other alternative investments.
• Experience reviewing financial statements and NAV calculations.
• Demonstrated leadership and team management experience.