Fund Accountant/Senior Fund Accountant

Northbound Executive Search; New York (NY); On-site; USD 100,000 - 130,000; Full time

Job summary

An established industry player in private equity is seeking a detail-oriented Fund Accountant/Senior Fund Accountant to join their finance team. This role offers a unique opportunity to work with a prestigious firm managing $60 billion in assets, providing exposure to complex investment structures and high-profile transactions. The ideal candidate will handle financial reporting, fund operations, and collaborate with experienced professionals in a fast-paced environment. If you're ready to advance your career in a competitive and collaborative culture, this position is perfect for you.

Benefits

Competitive compensation package

Performance-based incentives

Professional development opportunities

Collaborative work culture

Qualifications

• 2-5 years of experience in audit or fund accounting.
• Strong knowledge of US GAAP and investment company accounting.

Responsibilities

• Prepare and review financial statements and investor reporting.
• Manage financial reporting processes ensuring compliance with GAAP.
• Collaborate with auditors and tax advisors for accurate reporting.

Skills

Financial Reporting

Fund Operations

Accounting Standards (GAAP)

Analytical Skills

Communication Skills

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Tools

Excel

Investran

Geneva

Job description

Job Title: Fund Accountant/Senior Fund Accountant

Location: New York, NY (Manhattan)

Company: $60Bn Private Equity Fund

Salary: $100,000 – $130,000 Base Plus 15-25% Bonus

About the Firm:

Our firm is a leading private equity investment manager with $60 billion in assets under management. We focus on delivering superior returns for our investors through strategic investments in high-growth sectors. Our team is comprised of top-tier professionals dedicated to excellence in investment management, fund operations, and portfolio optimization.

Role Overview:

We are seeking a highly motivated and detail-oriented Fund Accountant/Senior Fund Accountant to join our finance team. The successful candidate will be responsible for financial reporting, fund operations, and accounting for our private equity funds. This role offers an excellent opportunity to gain exposure to the inner workings of a leading private equity firm and work alongside experienced investment professionals and finance executives.

Key Responsibilities:

1. Prepare and review financial statements, capital account statements, and investor reporting for private equity funds.
2. Manage quarterly and annual financial reporting processes, ensuring accuracy and compliance with GAAP and other relevant accounting standards.
3. Work closely with third-party fund administrators, auditors, and tax advisors to ensure timely and accurate reporting.
4. Assist with fund cash management, including capital calls, distributions, and expense payments.
5. Reconcile investment valuations and ensure proper accounting treatment for portfolio transactions.
6. Participate in system enhancements and process improvement initiatives to optimize fund operations.
7. Collaborate with internal teams, including investor relations, tax, and compliance, to support business objectives.

Qualifications & Experience:

1. Bachelor’s degree in Accounting, Finance, or a related field.
2. 2-5 years of experience in audit at a Big 4 or mid-sized public accounting firm or fund accounting experience within a private equity, hedge fund, or asset management firm.
3. Strong knowledge of US GAAP, particularly investment company accounting.
4. CPA designation (or progress towards completion) is a plus.
5. Proficiency in Excel and accounting software; experience with fund accounting systems (e.g., Investran, Geneva) is a plus.
6. Detail-oriented with strong analytical and problem-solving skills.
7. Excellent communication skills and ability to work collaboratively in a fast-paced environment.

Why Join Us?

1. Opportunity to work in a prestigious private equity firm managing $60Bn in assets.
2. Exposure to complex investment structures and high-profile transactions.
3. Collaborative and high-performing work culture.
4. Competitive compensation package, including performance-based incentives.
5. Professional development and career growth opportunities.

Compensation:

Open

Job ID:

19815