Fund Accountant Manager

Dynamics Executive Search; Illinois; On-site; USD 90,000 - 120,000; Full time

Job summary

A leading private equity firm seeks a Mid-Senior level professional to oversee financial operations and reporting. Key responsibilities include managing a team, ensuring accurate financial transactions, and liaising with auditors. Candidates must have an undergraduate degree in accounting or finance, along with over 8 years of relevant experience. The role requires strong leadership skills and direct experience in the private equity sector. This is a full-time position based in Chicago, IL with a limited work-from-home policy.

Qualifications

• 8+ years of relevant working experience in accounting or finance.
• Direct experience at a private equity fund is highly preferred.
• Experience managing direct reports is preferred.

Responsibilities

• Lead and manage direct reports, providing guidance and mentorship.
• Review and approve daily cash and investment transactions.
• Monitor liquidity and manage financial close processes.
• Oversee investor reporting and capital transactions.
• Maintain accounting policies and support cross-functional teams.

Skills

Leadership and mentoring

Financial analysis

Investor relations

Accounting policies

Education

Undergraduate degree in accounting or finance

Job description

Leading private equity firm specializing in investments in growth-stage businesses across diverse sectors such as healthcare, financial services, and business services. With a disciplined investment approach and a focus on value creation, we work alongside exceptional management teams to foster growth and drive long-term success. Our goal is to deliver outstanding results for both our investors and portfolio companies.

Responsibilities

• Lead and manage 1-2 direct reports, providing guidance and mentorship
• Review and approval of daily cash, operating, investment, and capital transactions for the Private Equity Funds
• Monitor the liquidity of the funds on a weekly basis, including review and approval of payables
• Manage the quarterly and annual close process – ensuring accurate and timely quarterly financial statements and supporting schedules are produced according to a quarterly close schedule
• Manage investor reporting and requests, including capital calls, distributions and reporting
• Establish and maintain accounting policies, procedures, and internal controls
• Calculate benchmarks and rates of returns and other performance metrics as needed
• Support valuation, investor relations and other cross-functional teams with financial data
• Research and assist in determining the proper accounting treatments for transactions/investments
• Liaison with the audit service provider and ensure all deliverables are met for the annual audit of the Private Equity Funds
• Interact with the investment team on accounting and administrative matters, as needed
• Lead or assist with special projects, as needed

Job Requirements

• Undergraduate degree in accounting or finance required
• 8+ years of relevant working experience
• Direct experience at a private equity fund highly preferred
• Existing experience managing direct reports is highly preferred
• Firm has a limited work-from-home policy, allowing on average 2 work from home days per month; must be willing to work in office according to the firm’s policy

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing

Industries

Investment Management and Venture Capital and Private Equity Principals

Location

Chicago, IL