Fund Accountant

GEM; Charlotte (NC); Hybrid; USD 65,000 - 90,000; Full time

Job summary

GEM is seeking a Fund Accountant to ensure timely, accurate accounting and reporting for its funds. You will work with service providers, the accounting and operations team, and maintain autonomy over your assignments.

The role includes recording NAVs, capital calls and distributions, reconciliations, and generating investor statements, with a hybrid work model (3 days in-office, 2 days remote) and a 40-hour week.

Qualifications

• Bachelor’s Degree in a relevant field.
• 2–4 years of experience.
• CPA preferred but not required.
• Advanced Excel and other MS Office skills.
• Power user of team software and tools, including managing upgrades, updates, and/or enhancements.
• Familiarity and interest in using AI tools and emerging technology.
• Proven ability to produce high-quality work in a fast-paced environment.
• Excellent communication skills, both written and oral.

Responsibilities

• Track and process incoming capital calls, distributions, fund expense payments, payments to GEM, investor subscriptions, and redemptions
• Assist with monthly and quarterly close process for assigned portions of overall GEM portfolio
• Training and review of team’s offshore resources
• Assist with portfolio activity and accounting, including recording monthly/quarterly NAVs, unfunded balances, capital calls, and distributions
• Initiate and track wire approvals
• Open and close accounts
• Reconcile with fund administrator, custodian(s), and external parties
• Generate monthly and quarterly statements for investors

Skills

Advanced Excel

Excellent communication skills

Attention to detail

AI familiarity

Fast-paced environment experience

Education

Bachelor's Degree in a relevant field

Tools

MS Office

Power user of team software and tools

Job description

Job Description

The Fund Accountant is responsible for timely, accurate accounting and reporting. They work closely with key service providers—including counterparties, the third-party administrator, and the custodian—as well as the broader accounting and operations team, while maintaining a high level of responsibility and autonomy over their assigned funds.

Key Duties & Responsibilities

Key responsibilities include, but are not limited to:

• Track and process incoming capital calls, distributions, fund expense payments, payments to GEM, investor subscriptions, and redemptions
• Assist with monthly and quarterly close process for assigned portions of overall GEM portfolio
• Training and review of team’s offshore resources
• Assist with portfolio activity and accounting, including recording monthly/quarterly NAVs, unfunded balances, capital calls, and distributions
• Initiate and track wire approvals
• Open and close accounts
• Reconcile with fund administrator, custodian(s), and external parties
• Generate monthly and quarterly statements for investors

Qualifications

Successful candidates will display traits inherent in GEM’s collegial and team-oriented culture, including enthusiasm, honesty, humility, integrity, and curiosity:

• CPA preferred but not required
• Bachelor’s Degree in a relevant field
• 2-4 years of experience
• Advanced Excel and other MS Office skills
• Power user of team software and tools, including managing upgrades, updates, and/or enhancements
• Exceptionally organized, with strong attention to detail and a demonstrated ability to maintain accurate records
• Familiarity and interest in using AI tools and emerging technology
• Proven ability to produce high-quality work in a fast-paced environment
• Excellent communication skills, both written and oral

Working Conditions

• Position type – Full-time
• Work schedule – Minimum 40 hours/week
• Work location – Hybrid (3 days in-office, 2 days remote) subject to manager discretion
• Work environment – Office
• Essential physical requirements – Ability to sit and work on a computer for an extended period
• Travel requirements – 10-20 percent depending on client needs

Benefits

• Competitive, market-based compensation
• Comprehensive medical, dental, and vision health insurance
• Flexible Spending Account / Health Savings Account
• Company-paid short- and long-term disability insurance
• Company-paid life insurance
• 401(k) retirement plan with employer contribution
• Education assistance, including certification, membership reimbursements, and more
• Wellness reimbursement program
• Charitable donation match program
• Paid time off
• Team and company events