Director of Fund Administration (Fully Remote)

Formulary; United States; Remote; USD 180,000 - 320,000; Full time

Job summary

Formulary, a technology-driven fund administration services firm focusing on private markets, seeks a senior leader to oversee end-to-end fund accounting and client delivery.

You will mentor a high-performing team of fund accountants, ensure GAAP compliance, and drive scalable operations for venture capital, growth equity, and private equity clients.

Qualifications

• CPA or equivalent accounting degree with GAAP knowledge.
• 8-12+ years in fund accounting within private markets (venture capital, growth equity, private equity).
• 5+ years managing and developing a team of fund accountants.

Responsibilities

• Oversee end-to-end fund accounting and client service delivery.
• Serve as a technical expert in private markets operations and fund accounting.
• Attract, develop and manage top-performing fund accounting talent.

Skills

Fund accounting

Team leadership

GAAP

Regulatory compliance

Private markets

Education

CPA or equivalent

Job description

• Fund Administration and Client Service Delivery: Ensure flawless, high-quality delivery of end to end fund accounting and back office operations.
• Technical Mastery: Serve as an expert in private markets operations and fund accounting, supporting all client needs.
• Team Development: Attract, develop and manage A-players, ensuring high performance and accountability.

WHAT YOU NEED:

• 8-12+ years of fund accounting impact in venture capital, growth equity, and private equity.
• 5+ years managing and developing a team of fund accountants.
• CPA or equivalent accounting degree, deep knowledge of GAAP and regulatory compliance.

WHO YOU ARE:

• You set high goals, are driven to become the best, and never settle.
• You put clients at the heart of everything you do.
• You act like an owner, deal with ambiguity, and push for results.

WHY JOIN OUR MISSION:

• Tangible Ownership: Own significant parts of a product used by sophisticated investment firms.
• Enduring Impact: Change how the private markets industry operates.
• Dream Team: Work with the brightest minds in AI and finance.

Formulary

Formulary is a technology-driven fund administration services firm focused on private markets. As an early-stage startup, they are building a category-defining business with a culture of high performance and inclusivity.