Fund Accounting Director — Hybrid, PE Leadership

Gen II Fund Services, LLC.; New York (NY); Hybrid; USD 135,000 - 190,000; Full time

Job summary

Gen II Fund Services, LLC, a leading tech-enabled private equity fund administrator, is seeking a Fund Accounting Director to lead day-to-day fund accounting for multiple sponsors and mentor teams of staff accountants.

The role offers a hybrid work arrangement in the United States, with three days in the office and two remote. Salary ranges from $135,000 to $190,000, plus discretionary bonus and comprehensive benefits, reflecting experience level and responsibilities across the fund lifecycle.

Qualifications

• 7+ years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution.
• 5+ years of supervisory experience.
• Bachelor’s degree in Accounting, Finance, or Economics.
• Advanced Mezzanine/Credit/Loan Origination investment experience preferred.
• Comfortable with PIK/OID calculations.
• Advanced experience in preparing capital calls and distributions including complicated waterfall models.
• Very comfortable in understanding and navigating through Partnership Agreements, legal documents, and Investment Agreements.
• Advanced knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in USGAAP

Responsibilities

• Direct the day-to-day accounting and fund administration for multiple investment sponsors.
• Hands-on involvement in preparing and reviewing workpapers, investments, accruals, financial statements with footnotes and investor allocations.
• Heavy client interaction daily and frequent executive-level communication.
• Maintain relationships with client contacts, auditors, lawyers, and banking personnel.
• Lead, direct, and coach team of Staff Accountants at several levels.
• Oversee initial setup of Client Funds deliverables and sign off before MD review.
• Manage special projects when required.

Skills

Fund accounting

Supervisory experience

US GAAP

Communication skills

Leadership

Attention to detail

Education

Bachelor’s degree in Accounting, Finance, or Economics

Job description

Gen II Fund Services, LLC, a leading tech-enabled private equity fund administrator, is seeking a Fund Accounting Director to lead day-to-day fund accounting for multiple sponsors and mentor teams of staff accountants.

The role offers a hybrid work arrangement in the United States, with three days in the office and two remote. Salary ranges from $135,000 to $190,000, plus discretionary bonus and comprehensive benefits, reflecting experience level and responsibilities across the fund lifecycle.