Fund Accounting Manager - Private Equity

Accountants One; Fort Worth (TX); In loco; USD 110.000 - 160.000; Tempo pieno

Descrizione del lavoro

Accountants One, Inc. in Fort Worth, TX, seeks an Accounting Manager to support the Director of Accounting and oversee private equity accounting operations.

You will lead the accounting team, manage end-to-end processes for capital calls, distributions, and journal entries, and ensure timely financial reporting. The role requires 8-10+ years of private equity accounting experience, strong leadership, and expertise in partnership accounting and carried interest calculations.

Competenze

• Bachelor's degree in Accounting.
• CPA preferred.
• 8-10+ years of progressive accounting experience in private equity, investment management, or financial services.
• Proven leadership experience managing supervisors or senior staff.
• Strong understanding of partnership accounting, capital call and distribution processing, and carried interest/waterfall calculations.
• Experience supporting audits in private equity or investment management.
• FIS Private Capital Suite experience is a plus.

Mansioni

• Partner with the Director of Accounting to manage end-to-end accounting for private equity investments, including capital calls, distributions, journal entries, and wire approvals across fund, secondary, co-investment, and direct investments.
• Lead, mentor, and develop the accounting team to meet monthly, quarterly, and annual deadlines.
• Oversee daily cash activity, reconciliations, and wire transactions with proper controls and documentation.
• Oversee quarterly investment valuations and reconciliations with fund administrators and general partners.
• Review LP income allocations, carried interest, and waterfalls for accurate reporting.
• Monitor cash positions and unfunded commitments, escalating liquidity concerns as needed.
• Review quarterly unaudited and annual audited financial statements and quarterly performance reporting.
• Support the annual audit by managing PBC requests, workpapers, and schedules, ensuring timely deliverables.
• Drive process improvements, internal controls, and automation initiatives.

Conoscenze

Analytical skills

Problem-solving

Decision-making

Team leadership

Formazione

Bachelor's degree in Accounting

CPA preferred

Strumenti

FIS Private Capital Suite

Descrizione del lavoro

Accountants One is working with a Fort Worth, Texas-based asset management firm that provides investment management services to prominent families, foundations, and global institutions. Our client is seeking an Accounting Manager to serve as a right hand to the Director of Accounting, helping oversee the firm’s private equity accounting operations, lead the accounting team, and deliver accurate, timely financial reporting.

Responsibilities:

• Partner with the Director of Accounting to manage the end-to-end accounting cycle for private equity investments, including capital call and distribution processing, journal entry review, and wire approval across fund, secondary, co-investment, and direct investments
• Lead, mentor, and develop the accounting team, setting priorities and ensuring monthly, quarterly, and annual deadlines are met
• Oversee daily cash activity, cash reconciliations, and wire transactions, ensuring appropriate controls and supporting documentation
• Oversee quarterly booking of investment valuations based on general partner capital account statements, and review reconciliations to fund administrator and general partner reporting
• Review limited partnership income allocations, including carried interest and distribution waterfalls, to ensure accuracy in financial and investor reporting
• Monitor cash positions and track unfunded commitments across fund investments, escalating liquidity concerns to the Director
• Review quarterly unaudited and annual audited financial statements, along with quarterly performance reporting
• Support the annual audit by overseeing PBC requests, workpapers, and supporting schedules, and ensuring timely completion of deliverables
• Drive process improvements, internal controls, and automation initiatives

Qualifications:

• Bachelor’s degree in Accounting; CPA preferred
• 8-10+ years of progressive accounting experience, with a focus on private equity, investment management, or financial services
• Prior experience leading and developing a team, including managing supervisors or senior staff
• Strong understanding of partnership accounting, capital call and distribution processing, and carried interest/waterfall calculations
• Experience supporting audits in a private equity or investment management environment
• Strong analytical, problem-solving, and decision-making skills
• Experience with FIS Private Capital Suite (formerly Investran) is a plus