Fund Accountant (Private Equity)

Atlantic Group; Massachusetts; On-site; USD 90,000 - 100,000; Full time

Job summary

Atlantic Group is hiring a Fund Accountant (Private Equity) in Essex County, MA. The role supports fund accounting, financial reporting, and operational processes across private equity vehicles. Responsibilities include cash management, fund accounting, capital activity, financial reporting, and audit support. Applicants should have a Bachelor’s degree in Accounting or Finance and 1-3 years of relevant experience. The position offers a salary of $90,000 – $100,000/year plus bonus.

Qualifications

• Bachelor's degree with strong academic performance is required.
• 1-3 years of experience in public accounting, fund accounting, or investment management is required.
• Understanding of private equity fund structures and financial reporting is preferred.

Responsibilities

• Monitor daily cash activity and perform bank reconciliations.
• Record journal entries and maintain general ledgers.
• Prepare capital call and distribution calculations.
• Generate quarterly financial statements.
• Calculate fund performance metrics including IRR and MOIC.
• Assist with year-end audits and coordinate with external auditors.

Skills

Attention to detail

Communication skills

Excel proficiency

Ability to manage multiple priorities

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Microsoft Office

Job description

Job Overview – Fund Accountant (Private Equity)

Compensation: $90,000 – $100,000/year + bonus

Location: Essex County, MA

Schedule: Monday to Friday (In-Office)

Atlantic Group is hiring a Fund Accountant (Private Equity) in Essex County, MA for our client, supporting fund accounting, financial reporting, and operational processes across private equity vehicles. This role works closely with internal finance and investment teams to manage fund activity, capital transactions, and reporting deliverables. The position offers exposure to private equity fund structures, performance metrics, and accounting processes while utilizing tools such as Excel.

Responsibilities as the Fund Accountant (Private Equity)

• Cash Management: Monitor daily cash activity and perform bank reconciliations to ensure accuracy.
• Fund Accounting: Record journal entries and maintain general ledgers across multiple fund entities.
• Capital Activity: Prepare capital call and distribution calculations and support investor communications.
• Financial Reporting: Generate quarterly financial statements and support income allocation processes.
• Performance Metrics: Calculate fund performance metrics including IRR and MOIC.
• Audit Support: Assist with year-end audits and coordinate with external auditors.

Qualifications for the Fund Accountant (Private Equity)

• Education: Bachelor’s degree in Accounting, Finance, or a related field with strong academic performance is required.
• Experience: 1-3 years of experience in public accounting, fund accounting, or investment management is required.
• Industry Knowledge: Understanding of private equity fund structures, capital activity, and financial reporting is preferred.
• Technical Skills: Strong Excel skills are required, with proficiency in Microsoft Office.
• Skills & Attributes: Strong attention to detail, communication skills, ability to manage multiple priorities, and interest in private equity are required.