Fund Accounting Manager

Russell Tobin; Pennsylvania; On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

Vision coverage

Supplemental insurance

401(k) match

Life insurance

Disability insurance

PTO & holidays

Parental leave

Tuition reimbursement

Employee assistance

Wellness program

Professional growth

Stock purchase plan

Employee networks

Job summary

PrideGlobal is seeking an experienced Fund Accounting Manager to oversee accounting operations and client service for private equity and hedge fund clients in Oaks, PA. Lead a team, manage reconciliations, valuations, reporting, and audits, while ensuring compliance with GAAP and AML policies.

The role emphasizes collaboration with investment managers, auditors, transfer agents, and vendors, with opportunities for staff development, onboarding, and client-facing activities.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Economics, Mathematics, or related field.
• 5+ years in the fund services industry with alternative investment experience.
• 2+ years supervisory or management experience.
• Experience with private equity and/or hedge fund accounting.
• Strong understanding of fund accounting, reconciliations, valuations, and reporting.
• Knowledge of GAAP and Anti-Money Laundering requirements.
• Intermediate proficiency with Microsoft Excel.
• Strong analytical, organizational, and problem-solving skills.
• Excellent written and verbal communication skills.
• Strong client-service skills and ability to work with internal and external stakeholders.
• Strong attention to detail and commitment to accuracy.
• Ability to work on-site in Oaks, PA.

Responsibilities

• Serve as primary contact for clients and provide expertise in alt fund accounting and administration.
• Manage and delegate daily accounting responsibilities across the fund accounting team.
• Oversee fund accounting operations, including reconciliations, valuations, financial reporting, and accounting packages.
• Review month-end valuations and reports prior to distribution to clients.
• Coordinate the onboarding and setup of new funds and clients.
• Support year-end audits and ensure fund records comply with GAAP accounting standards.
• Perform due diligence and ensure AML compliance.
• Review fund transactions and resolve accounting, documentation, and operational issues.
• Work with investment managers, transfer agents, internal teams, technology support, and vendors to resolve client and production issues.
• Respond to client inquiries regarding transactions, reporting, financial statements, and fund administration.
• Conduct performance reviews, one-on-ones, training, and career development for team members.
• Assist with staffing requirements, interviewing, hiring, and onboarding.
• Foster a collaborative and high-performing team environment.
• Support business development and relationship management teams with prospect calls, client visits, and presentations.
• Identify opportunities to improve accounting processes, efficiency, and client service.

Skills

Fund accounting

Leadership

GAAP knowledge

Excel proficiency

Client service

Team supervision

Education

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

Job description

We are seeking an experienced Fund Accounting Manager to oversee accounting operations and client service for private equity and hedge fund clients. This is an excellent opportunity for a fund accounting professional with management experience to take on a leadership role supporting alternative investment funds, financial reporting, valuations, audits, and client relationships.

You will work closely with investment managers, internal teams, auditors, transfer agents, and other service providers to ensure accurate and timely fund accounting and administration.

Responsibilities Include

• Serve as a primary contact for clients and provide expertise in alternative fund accounting and administration.
• Manage and delegate daily accounting responsibilities across the fund accounting team.
• Oversee fund accounting operations, including reconciliations, valuations, financial reporting, and accounting packages.
• Review and approve month-end valuations and reports prior to distribution to clients.
• Coordinate the onboarding and setup of new funds and clients.
• Support year-end audits and ensure fund records comply with GAAP accounting standards.
• Perform due diligence and ensure compliance with applicable laws, regulations, and Anti-Money Laundering policies.
• Review fund transactions and resolve accounting, documentation, and operational issues.
• Work with investment managers, transfer agents, internal teams, technology support, and vendors to resolve client and production issues.
• Respond to client inquiries regarding transactions, reporting, financial statements, and fund administration.
• Conduct performance reviews, one-on-ones, training, and career development for team members.
• Assist with staffing requirements, interviewing, hiring, and onboarding.
• Foster a collaborative and high-performing team environment.
• Support business development and relationship management teams with prospect calls, client visits, and presentations.
• Identify opportunities to improve accounting processes, efficiency, and client service.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, Economics, Mathematics, or a related field, or equivalent professional experience.
• 5+ years of experience in the fund services industry, with alternative investment experience required.
• 2+ years of supervisory or management experience.
• Experience with private equity and/or hedge fund accounting.
• Strong understanding of fund accounting, reconciliations, valuations, and financial reporting.
• Knowledge of GAAP and Anti-Money Laundering requirements.
• Intermediate proficiency with Microsoft Excel.
• Strong analytical, organizational, and problem-solving skills.
• Excellent written and verbal communication skills.
• Strong client-service skills and ability to work with internal and external stakeholders.
• Strong attention to detail and commitment to accuracy.
• Ability to work on-site in Oaks, PA.
• Comprehensive medical, dental, and vision coverage
• Supplemental insurance options
• 401(k) with company match
• Life and disability insurance
• Paid time off and paid holidays
• Paid parental leave
• Education assistance and tuition reimbursement
• Employee assistance and wellness programs
• Employee development and professional growth opportunities
• Employee stock purchase plan
• Employee networks and community programs

PrideGlobal and it's affiliates offers eligible employee's comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, pet insurance and employee discounts with preferred vendors.

PrideGlobal and it's affiliates are an equal opportunity employer. We do not discriminate on the basis of the race, religious creed, color, national origin, ancestry, physical disability, mental disability, reproductive health decision making, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, veteran or military status, or any other characteristic protected by applicable federal, state, or local law.

PrideGlobal and it's affiliates are a Fair Chance employer. We consider all qualified applicants, including those with criminal histories, in a manner consistent with applicable state and local Fair Chance laws and ordinances, including, the California Fair Chance Act and all applicable local Fair Chance ordinances.

Accommodations

We are committed to providing reasonable accommodations to applicants and employees with disabilities. If you require a reasonable accommodation to participate in the application or interview process, or to perform the essential functions of this role, please contact us.

Only applicable for San Francisco Candidates : Under the San Francisco Lactation in the Workplace Ordinance, we will provide written notice of lactation accommodation rights, and this notice will automatically be given upon hiring, any inquiry of parental leave or lactation accommodation.