Fund Accountant

Atlantic Group; Andover (MA); On-site; USD 60,000 - 85,000; Full time

Job summary

Atlantic Group is seeking a Fund Accountant to manage daily cash activity, reconcile fund bank accounts, and prepare journal entries for fund ledgers. The role supports capital calls, distributions, and quarterly statements while calculating performance metrics such as MOIC and IRR.

It also coordinates audit activity and investor reporting. The position emphasizes collaboration with finance and investment teams, meticulous analysis, and the ability to handle multiple priorities in a fast-paced

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 1–3 years of experience in public accounting, fund accounting, or investment industry preferred.
• Strong Excel and Microsoft Office skills.
• 3.0+ GPA preferred.
• Excellent attention to detail and analytical abilities.
• Strong communication and interpersonal skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Self-starter with an interest in private equity and investment management.

Responsibilities

• Manage daily cash activity and reconcile fund bank accounts.
• Calculate management fees and expense allocations.
• Prepare journal entries and maintain fund ledgers.
• Prepare capital call and distribution calculations and investor notices.
• Prepare quarterly financial statements and income allocations.
• Calculate fund performance metrics (MOIC, gross/net IRR).
• Support year-end audit processes and coordinate with external auditors.
• Support investor reporting and respond to ad hoc information requests.
• Partner with finance and investment professionals on fund activity and reporting.
• Assist with analysis related to fund performance and portfolio activity.
• Support internal reporting and special projects as needed.

Skills

Attention to detail

Analytical abilities

Communication

Multi-tasking

Self-starter

Education

Bachelor’s degree in Accounting/Finance

Tools

Excel

Microsoft Office

Job description

Key Responsibilities:

Fund Accounting & Operations

• Manage daily cash activity and reconcile fund bank accounts
• Calculate management fees and expense allocations
• Prepare journal entries and maintain fund general ledgers
• Prepare capital call and distribution calculations and investor notices
• Prepare quarterly financial statements and income allocations
• Calculate fund performance metrics, including MOIC and gross/net IRR
• Support year-end audit processes and coordinate with external auditors

Investor & Internal Reporting

• Support investor reporting and respond to ad hoc information requests
• Partner with finance and investment professionals on fund activity and reporting
• Assist with analysis related to fund performance and portfolio activity
• Support internal reporting and special projects as needed

Qualifications:

• 1–3 years of experience in public accounting, fund accounting, or the investment industry
• Financial services public accounting or fund administration experience preferred
• Bachelor’s degree in Accounting, Finance, or related field
• 3.0+ GPA preferred
• Strong Excel and Microsoft Office skills
• Excellent attention to detail and analytical abilities
• Strong communication and interpersonal skills
• Ability to manage multiple priorities in a fast-paced, deadline-driven environment
• Self-starter with a genuine interest in private equity and investment management