Fund Accounting Manager

Runway Search, LLC; San Francisco (CA); On-site; USD 110,000 - 170,000; Full time

Job summary

Runway Search, LLC is seeking a Fund Accounting Manager to support accounting and reporting for multiple funds. You will collaborate with investment professionals, external providers, and leadership to ensure accurate financial statements, reconciliations, and close processes.

Ideal candidates have strong experience in fund accounting, investment partnership accounting, and audits, with excellent communication and detail orientation.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 5+ years of Audit experience from public accounting with asset management clients OR combination of public accounting & relevant fund accounting experience.
• Strong understanding of investment partnership accounting and financial reporting.
• Experience supporting quarterly closes, annual audits, capital activity, and investor allocations.
• Proficiency with Microsoft Excel and accounting or fund administration systems.
• Strong written and verbal communication skills.
• High level of accuracy, organization, and attention to detail.
• Resourceful and analytical approach to problem-solving.

Responsibilities

• Maintain fund accounting records, including investment activity, partner allocations, and general ledger entries
• Support quarterly and annual close processes for investment funds and related entities
• Prepare financial statements, account reconciliations, and supporting schedule
• Coordinate with external auditors during the annual audit process
• Partner with investment professionals to support portfolio valuation and financial reporting activities
• Assist with accounting and tax-related matters associated with fund investment
• Monitor liquidity, cash balances, and anticipated funding requirement
• Support capital calls, investor distributions, wire activity, and other cash management function
• Respond to investor and internal stakeholder requests for financial information
• Review accounting entries and supporting documentation for accuracy and completeness.

Skills

Audit experience

Investment partnership accounting

Financial reporting

Quarterly closes

Annual audits

Capital activity

Investor allocations

Communication

Attention to detail

Analytical thinking

Problem solving

Excel

Fund administration systems

Education

Bachelor’s degree in Accounting, Finance, or a related field

Tools

Excel

Fund administration systems

Job description

We’re partnering with an established investment firm seeking a Fund Accounting Manager to join its finance team. This individual will support the accounting and reporting activities for multiple funds while working closely with investment professionals, external service providers, and firm leadership.

Responsibilities:

• Maintain fund accounting records, including investment activity, partner allocations, and general ledger entries
• Support quarterly and annual close processes for investment funds and related entities
• Prepare financial statements, account reconciliations, and supporting schedule
• Coordinate with external auditors during the annual audit process
• Partner with investment professionals to support portfolio valuation and financial reporting activities
• Assist with accounting and tax-related matters associated with fund investment
• Monitor liquidity, cash balances, and anticipated funding requirement
• Support capital calls, investor distributions, wire activity, and other cash management function
• Respond to investor and internal stakeholder requests for financial information
• Review accounting entries and supporting documentation for accuracy and completeness.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 5+ years of Audit experience from public accounting with asset management clients OR combination of public accounting & relevant fund accounting experience.
• Strong understanding of investment partnership accounting and financial reporting
• Experience supporting quarterly closes, annual audits, capital activity, and investor allocations
• Proficiency with Microsoft Excel and accounting or fund administration systems
• Strong written and verbal communication skills
• High level of accuracy, organization, and attention to detail
• Resourceful and analytical approach to problem-solving