Fund Accounting Director - Hybrid Leadership & Growth

Gen 2 Careers; Boston (MA); Hybrid; USD 135,000 - 190,000; Full time

Benefits offered by this job

Discretionary bonus

Comprehensive benefits package

Hybrid work schedule

Job summary

Gen II Fund Services, LLC is seeking a Fund Accounting Director to lead and mentor teams across multiple sponsors, ensuring accurate, timely reporting and compliance with US GAAP. You will oversee capital calls, distributions, and waterfall calculations, while maintaining strong client relationships and driving process improvements.

Hybrid work arrangement in the US. The role requires 7+ years of fund accounting experience and 5+ years of supervisory leadership, with a bachelor’s degree in

Qualifications

• 7+ years of fund accounting experience in a Private Equity Fund or similar financial institution.
• 5+ years of supervisory experience.
• Bachelor’s degree in Accounting, Finance, or Economics.
• Advanced Mezzanine/Credit/Loan Origination investment experience preferred.
• Advanced knowledge of US GAAP reporting for investment funds/investment companies.

Responsibilities

• Direct day-to-day accounting and fund administration for multiple investment sponsors.
• Hands-on involvement in preparing workpapers, investments, accruals, financial statements with footnotes, and investor allocations.
• Heavy client interaction on a daily basis, including executive-level communications.
• Maintain relationships with client contacts, auditors, lawyers, and banking personnel.
• Lead, direct, and coach Staff Accountants across several levels.
• Oversee setup of Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and sign-off before MD review.
• Manage special projects as required.

Skills

Fund accounting leadership

Supervisory experience

US GAAP knowledge

Waterfall modeling

PIK/OID calculations

Client relationship management

Strong communication

Attention to detail

Team coaching

Education

Bachelor’s degree in Accounting, Finance, or Economics

Tools

Microsoft Excel

Word

PowerPoint

Outlook

Job description

Gen II Fund Services, LLC is seeking a Fund Accounting Director to lead and mentor teams across multiple sponsors, ensuring accurate, timely reporting and compliance with US GAAP. You will oversee capital calls, distributions, and waterfall calculations, while maintaining strong client relationships and driving process improvements.

Hybrid work arrangement in the US. The role requires 7+ years of fund accounting experience and 5+ years of supervisory leadership, with a bachelor’s degree in