Fund Accounting - Senior Fund Accountant (PE)

Petra Funds Group; National (MD); Vor Ort; USD 82.000 - 123.000; Vollzeit

Benefits dieser Stelle

Health insurance premium coverage

401(k) with company match

Hybrid work environment

Paid time off

Wellness program

Zusammenfassung

Petra Funds Group is seeking a Senior Fund Accountant to oversee core accounting, reporting, and client service for private equity funds. The role collaborates with junior staff, manages capital activity, fee calculations, and financial statements, and supports audits and client requests.

A strong understanding of private equity structures and client-focused service is essential. Responsibilities include capital activity calculations, quarterly incentive modeling, and preparation of financial

Qualifikationen

• At least 3 years experience in accounting, with a preference for private equity and partnerships
• Ability to work in a dynamic, fast-paced environment
• Detail-oriented with the ability to complete tasks promptly
• Strong Excel skills and ability to handle multiple projects

Aufgaben

• Prepare and review capital contribution and distribution calculations and fee calculations
• Prepare quarterly incentive allocation models per partnership agreements
• Prepare quarterly/annual financial statements for partnerships
• Coordinate investor notices and capital call communications
• Liaise with auditors and support client requests with accuracy and timeliness
• Ensure deliverables meet client timelines and participate in weekly calls
• Gain working knowledge of Investran Live and CRM platforms

Kenntnisse

Accounting

Private equity

Excel

Client service

Analytical thinking

Teamwork

Ausbildung

Bachelor’s degree in accounting, finance, or business

Tools

Investran Live

CRM platforms

Jobbeschreibung

About Us

Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.

Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who’ve spent years working with asset managers is what differentiates us.

Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.

A Senior Fund Accountant at Petra plays a critical role in delivering high-quality fund accounting and client service to private equity fund service clients. This position is responsible for overseeing core accounting and reporting processes, including capital activity, allocations, fee calculations, cash management, and financial statements, while serving as a trusted day-to-day contact for clients. The role partners closely with junior team members, providing review, guidance, and mentorship, and collaborates with fund leadership on complex accounting matters, audits, and client requests. Success in this role requires a strong understanding of private equity fund structures, excellent attention to detail, and the ability to balance technical execution with a client-first, team-oriented approach that reflects Petra’s commitment to service and quality.

What You’ll Do

• Prepare and/or review capital contribution and distribution calculations, management fee calculations, monthly cash reconciliations, expense schedules, and income calculations.
• Prepare and review quarterly incentive allocation models for the partnerships based on the terms outlined within the partnership agreements.
• Prepare the partnerships’ financial statements on a quarterly/annual basis (Statements of Assets and Liabilities/Partners’ Capital, Operations, Partners’ Capital, and Cash flows). This can also include supplemental management reports, such as performance metrics.
• Prepare materials for the interim and annual audit of the partnerships and establish a working relationship with the auditors.
• Coordinate the communication of investor notices, including distributions, capital calls, and capital balances via the clients’ investor portal application.
• Work closely with the client to answer investor inquiries and requests in relation to responsible partnerships.
• Manage timelines established with the client to ensure agreed-upon deliverables are being met. This also includes participating in weekly external calls to stay current with the client’s ongoing needs and requests, including capital activity requirements at the fund and portfolio company levels.
• Obtain a working knowledge of all key systems, including Investran Live (accounting system) and CRM platforms

What You’ll Need:

• At least 3 years experience in accounting, with a preference for experience with private equity, partnerships, and/or alternative assets
• Ability to work in a dynamic, fast-paced environment
• Ability to handle multiple projects and meet deadlinesDetail-oriented with the ability to complete tasks promptly
• Willingness to take on additional ad-hoc tasks and projects
• Ability to build and maintain advanced spreadsheets using Microsoft Excel
• Knowledge of Investran Live and
• Excellent analytical and planning skills
• Strong interpersonal, communication, and organizational skills with a team approach
• Must possess unquestionable integrity and ethics
• Undergraduate degree in accounting, finance, or business
• CPA is a plus but not required

Salary Range
At Petra Funds Group, we are committed to transparency and equity in our hiring practices. The compensation range for this position is$82,000 - $123,000 per year. This range represents the base salary only. Actual pay will depend on factors such as qualifications, experience, and skills.

How We Care

We believe people do their best work when they feel supported — personally and professionally. That’s why we offer a comprehensive benefits package that reflects our commitment to your well-being. Our perks include:

• 90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.
• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan. *
• 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.
• Flexible paid time off to recharge, travel, or take care of what matters most.
• Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.
• Hybrid work environment that offers flexibility and supports work-life balance.

*Funded amount is prorated for new hires.

What We’re Proud Of

We’re proud of many milestones, but we’re especially honored by the recognition we’ve received for our workplace experience:

• Certified Great Place to Work®, based on direct feedback from our employees about trust and overall culture.
• Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™, highlighting our commitment to building an environment where people thrive.