Fund Accounting & Partnerships Manager

Ultimus Fund Solutions; Boston (MA); On-site; USD 90,000 - 140,000; Full time

Job summary

Ultimus Fund Solutions in Boston, MA seeks an experienced accounting professional to oversee the preparation and distribution of quarterly financial statements for the Limited Partners, reporting on Fund performance.

You will supervise preparation of schedules supporting ledger balances, interpret partnership terms, and manage complex waterfall calculations while coordinating with auditors and regulators as needed.

Qualifications

• 3–5+ years of accounting experience in a related field.
• 0–2+ years supervisory experience in performance management, training, or retention.
• Bachelor’s Degree in Accounting or related field.
• MBA or MSA in Accounting preferred.
• CPA license strongly preferred.

Responsibilities

• Oversee the preparation and distribution of quarterly financial statements to the Limited Partners to report information regarding the Fund's performance.
• Oversee the preparation of schedules to support the general ledger balances reported in the financial statements.
• Calculate, prepare, and distribute capital call notices to the Limited Partners when contributions are due.
• Understand and interpret terms set forth within the Limited Partnership Agreement.
• Calculate and review complex waterfall structures.
• Complete required regulatory forms to ensure the Fund complies with regulation requirements.
• Calculate and distribute proceeds to Limited Partners to return capital owed to them.
• Interact with auditors and provide reports to assist during audits.
• Provide supervision, guidance and coaching to the team, including regular training support as needed.

Skills

Accounting

Leadership

Attention to detail

Education

Bachelor's Degree in Accounting

MBA/MSA preferred

Tools

Investran

Excel

Job description

Ultimus Fund Solutions in Boston, MA seeks an experienced accounting professional to oversee the preparation and distribution of quarterly financial statements for the Limited Partners, reporting on Fund performance.

You will supervise preparation of schedules supporting ledger balances, interpret partnership terms, and manage complex waterfall calculations while coordinating with auditors and regulators as needed.