Fund Accountant

Career Launch AI; New York (NY); On-site; USD 140,000 - 185,000; Full time

Job summary

Career Launch AI Talent Network is seeking a Fund Accountant in New York, NY, to maintain accurate accounting records for investment funds, prepare financial statements, and support investor and regulatory reporting. The role collaborates with fund controllers, operations teams, portfolio managers, and auditors to ensure financial integrity across multiple funds.

The ideal candidate has experience in fund accounting or related finance roles, with strong Excel skills and knowledge of fund

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, or a related field.
• CPA preferred but not required.
• Experience in fund accounting, investment operations, or related financial roles.
• Knowledge of fund structures such as private equity, venture capital, or hedge funds preferred.

Responsibilities

• Record and reconcile daily fund activity, including trades, capital calls, distributions, and fees.
• Maintain general ledger and trial balances for multiple funds.
• Prepare monthly, quarterly, and annual financial statements in GAAP.
• Support fund audits and liaise with external auditors.
• Assist with investor reporting, including statements, capital activity, and performance summaries.
• Reconcile bank accounts, brokerage statements, and investment positions.
• Ensure compliance with fund governing documents and regulatory requirements.
• Assist with ad-hoc reporting and financial analysis as needed.

Skills

Advanced Excel

Analytical skills

Organizational skills

Problem solving

Communication

Education

Bachelor’s degree in Accounting, Finance, Economics, or related field

Tools

Investran

eFront

Geneva

Job description

Fund Accountant – Career Launch AI Talent Network

Location: New York, NY

Estimated Compensation:
$140,000 – $185,000 total annual compensation (varies by employer)

About This Posting

This job description represents a sample Fund Accountant position commonly found through the Career Launch AI Talent Network. It is intended to help job seekers understand the responsibilities and qualifications typically associated with fund accounting, portfolio reporting, and investment operations.

Actual openings may vary based on employer needs, fund type (e.g., private equity, hedge fund, venture capital), and reporting requirements.

For more information on the Career Launch AI Talent Network, visit:
https://www.careerlaunch.ai/

Position Overview

The Fund Accountant is responsible for maintaining accurate accounting records for investment funds, preparing financial statements, and supporting investor and regulatory reporting. This role ensures proper tracking of fund activity, including investments, capital contributions, and distributions.

Fund Accountants work closely with fund controllers, operations teams, portfolio managers, and auditors to maintain the financial integrity of investment vehicles.

Key Responsibilities

Record and reconcile daily fund activity, including trades, capital calls, distributions, and fees

Maintain accurate general ledger and trial balances for multiple funds

Prepare monthly, quarterly, and annual financial statements in compliance with GAAP

Support fund audits and liaise with external auditors

Assist with investor reporting, including statements, capital activity, and performance summaries

Reconcile bank accounts, brokerage statements, and investment positions

Ensure compliance with fund governing documents, partnership agreements, and regulatory requirements

Assist with ad-hoc reporting and financial analysis as needed

Identify process improvements to enhance efficiency and accuracy in fund accounting

Preferred Qualifications

Bachelor’s degree in Accounting, Finance, Economics, or a related field; CPA preferred but not required

Experience in fund accounting, investment operations, or related financial roles

Knowledge of fund structures such as private equity, venture capital, or hedge funds preferred

Advanced Excel skills; familiarity with fund accounting software (e.g., Investran, eFront, Geneva) a plus

Strong analytical, organizational, and problem-solving skills

Ability to manage multiple deadlines and funds in a fast-paced environment

Clear written and verbal communication skills

About the Career Launch AI Talent Network

The Career Launch AI Talent Network helps professionals pursue opportunities similar to this role through:

Skills-based role matching for fund accounting and investment finance positions

Resume and profile optimization for finance and accounting careers

Guidance on outreach to fund operations teams, CFOs, and fund administrators

Interview preparation for accounting, finance, and investor reporting assessments

To learn more or express interest in fund accounting and investment finance roles, visit:
https://www.careerlaunch.ai/