Fund Accounting Controller - Private Equity & Credit

Petra Funds Group; New York (NY); Hybrid; USD 122,000 - 183,000; Full time

Benefits offered by this job

Hybrid work environment

Hybrid work environment

90% medical/dental/vision premiums

Fully funded HSA contributions

401(k) employer match with immediate v

Generous paid time off

Job summary

Petra Funds Group seeks a senior fund accounting professional to lead internal review and reporting for private equity and credit funds. You will own review of statements, capital calls, distributions, and fee calculations while partnering with the client team.

You will ensure US GAAP compliance (ASC 946/820), maintain consistency across funds, and drive treasury oversight, audits, and process improvements in a hybrid US role.

Qualifications

• 10+ years of progressive accounting experience at a PE/credit manager.
• Deep command of US GAAP, ASC 946, and ASC 820.
• Experience running an audit from the client side and negotiating positions.
• Fluency with LPAs and side letters and third-party administrator oversight.

Responsibilities

• Review & Sign-Off: second-level reviewer for all administrator papers and statements.
• Technical Accounting & Presentation: own accounting treatment and disclosures under ASC 946/820.
• Fund Economics: validate waterfalls, carry, and management fee calculations.
• Tre​asury Oversight: oversee cash reconciliations, liquidity, and wire input.
• Audit & Administrator Oversight: manage external audits and administrator relationships.
• Governance, Process & Team: develop FP&A processes and supervise the Senior Fund Accountant.

Skills

US GAAP expertise

ASC 946

ASC 820

Advanced Excel

Fund accounting systems

Tools

Sage

QuickBooks

Fund accounting software

Job description

Petra Funds Group seeks a senior fund accounting professional to lead internal review and reporting for private equity and credit funds. You will own review of statements, capital calls, distributions, and fee calculations while partnering with the client team.

You will ensure US GAAP compliance (ASC 946/820), maintain consistency across funds, and drive treasury oversight, audits, and process improvements in a hybrid US role.