Fund Accounting - Senior Manager (PE)

Petrafundsgroup; United States; Hybrid; USD 102,000 - 153,000; Full time

Benefits offered by this job

90% paid medical, dental, and vision insurance

Fully funded Health Savings Account

401(k) employer match at 100%

Flexible paid time off

Generous holiday calendar

Job summary

Petrafundsgroup is looking for an experienced accounting professional to lead client relationships and manage financial reporting. This role requires expertise in private equity, along with strong analytical and communication skills. The ideal candidate has 7-10 years of relevant experience and a bachelor's degree, with CPA preferred.

We offer a competitive salary range of $102,000 - $153,000 per year and superb benefits including comprehensive health insurance, a generous 401(k) match, and a hybrid work environment.

Qualifications

• 7-10 years of progressive experience in accounting, audit, or related.
• Detail-oriented with the capacity to meet deadlines.
• Willingness to manage ad-hoc tasks and projects.

Responsibilities

• Act as lead contact for client relationships.
• Coordinate investor communication and review financial statements.
• Assist in the interim and annual audit of partnerships.

Skills

Accounting or audit experience

Private equity knowledge

Analytical skills

Microsoft Excel proficiency

Interpersonal skills

Education

Undergraduate degree

MBA

CPA (preferred)

Tools

Investran Live

Salesforce CRM

Job description

What You Will Do

• Act as lead contact for client relationships from proposal to engagement implementation and ongoing administration.
• Ensure proper staffing and training needs are met on engagements.
• Develop and maintain procedures required to meet internal and external deliverables and client satisfaction.
• Review and implement partnership allocation models based on partnership agreements for various clients.
• Become knowledgeable of all key systems, primarily Investran Live (accounting system), Salesforce CRM, and Intralinks, through training with the accounting group.
• Coordinate and review investor communication, including capital call and distribution notices and capital balance statements for various clients.
• Review investment transactions via the Investran Live general ledger system.
• Review management fee calculations, invoices, and journal entries.
• Review daily and monthly cash reconciliations for various partnerships and related portfolio companies.
• Review the fund financial statements (Statements of: Assets and Liabilities/Partners’ Capital, Operations, Partners’ Capital, and Cash Flow) and other management reporting (IRR performance summaries, investment transaction reports, etc.).
• Work alongside the Director to provide direction on various projects and inquiries, including reviewing material prepared by staff. These tasks include reviewing general ledger entries, quarterly work papers, audit confirms, LP requests, and other ad hoc material.
• Review and/or calculate private equity benchmark returns, including gross/net MOI and IRR, TVPI, RVPI, and DPI.
• Review materials for the interim and annual audit of the fund partnerships for various clients and establish a working relationship with auditors.

What You’ll Need

• 7-10 years of progressive work experience in accounting or audit, with a preference for private equity, fund administration, or public accounting experience.
• Ability to work in a dynamic, fast-paced environment.
• Ability to multi-task and meet deadlines.
• Detail-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.
• Excellent analytical, planning and organizational skills.
• Strong interpersonal, communication and organizational skills with a team approach.
• Unquestionable integrity and ethics.
• Team player that is enthusiastic about joining a growing team.
• Undergraduate degree required, MBA a plus.
• CPA preferred 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 $102,000 - $153,000 per year. This range represents the base salary only. Actual pay will depend on factors such as qualifications, experience, and skills.

Benefits

• 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.