Fund Accounting Manager - Private Equity Firm in Boston

Daley and Associates; Boston (MA); Vor Ort; USD 120.000 - 160.000; Vollzeit

Zusammenfassung

Daley And Associates, LLC in Boston is seeking a Manager, Fund Accounting to oversee fund accounting, financial reporting, and operations across multiple investment vehicles within a private equity platform.

The role reports to the Director & Controller of Fund Accounting and will coordinate with third-party administrators, external auditors, and internal teams to ensure GAAP compliance, NAV accuracy, and efficient capital calls and distributions.

Qualifikationen

• Strong experience in private equity fund accounting or a related alternative investment environment.
• Solid understanding of fund structures, financial reporting, and U.S. GAAP.
• Experience with carried interest, waterfall calculations, capital calls, distributions, and NAV.
• Experience overseeing third-party fund administrators and external audits.
• Familiarity with LPAs, side letters, and international fund structures is preferred.

Aufgaben

• Oversee quarterly and annual financial reporting across multiple fund structures in accordance with U.S. GAAP and applicable regulatory requirements.
• Coordinate with third-party fund administrators and review financial statement packages.
• Lead year-end audits and serve as the primary liaison with external auditors.
• Oversee capital calls, distributions, investor allocations, and management fee calculations.
• Manage fund credit facilities, including drawdowns, repayments, and covenant compliance.
• Oversee cash management, liquidity planning, and fund expenses.
• Coordinate regulatory reporting for international fund structures, including Luxembourg and Cayman entities.
• Interpret Limited Partnership Agreements and side letters to ensure proper accounting, allocations, and distributions.
• Oversee NAV calculations and identify opportunities to improve accounting processes and controls.

Kenntnisse

Private equity fund accounting

U.S. GAAP expertise

Fund structures knowledge

NAV calculations

Waterfall calculations

Capital calls & distributions

External audits coordination

Jobbeschreibung

Fund Accounting Manager - Private Equity

We are working with a well-established middle-market private equity firm seeking a Manager, Fund Accounting to join its finance team. This is an opportunity to join a highly regarded investment platform.

Position Overview

The Manager, Fund Accounting will play a key role within the finance organization, overseeing fund accounting, financial reporting, and operational functions across multiple investment vehicles. Reporting to the Director & Controller of Fund Accounting, this individual will have broad exposure to complex fund structures and work closely with internal teams, third-party administrators, external auditors, and other stakeholders.

Responsibilities:

• Oversee quarterly and annual financial reporting across multiple fund structures in accordance with U.S. GAAP and applicable regulatory requirements.
• Manage third-party fund administrators and review financial statement packages.
• Review complex accounting matters, including carried interest and waterfall calculations.
• Lead year-end audits and serve as the primary liaison with external auditors.
• Oversee capital calls, distributions, investor allocations, and management fee calculations.
• Manage fund credit facilities, including drawdowns, repayments, and covenant compliance.
• Oversee cash management, liquidity planning, and fund expenses.
• Coordinate regulatory reporting for international fund structures, including Luxembourg and Cayman entities.
• Interpret Limited Partnership Agreements and side letters to ensure proper accounting, allocations, and distributions.
• Oversee NAV calculations and identify opportunities to improve accounting processes and controls.

Requirements:

• Strong experience in private equity fund accounting or a related alternative investment environment.
• Solid understanding of fund structures, financial reporting, and U.S. GAAP.
• Experience with carried interest, waterfall calculations, capital calls, distributions, and NAV.
• Experience overseeing third-party fund administrators and external audits.
• Familiarity with LPAs, side letters, and international fund structures is preferred.
• Strong communication, organizational, and leadership skills.

$120K-$160K base salary dependent on experience