Fund Accounting Supervisor

Gen II Fund Services; New York (NY); Hybrid; USD 90,000 - 130,000; Full time

Benefits offered by this job

Discretionary bonus

Comprehensive benefits package

Hybrid work model

Job summary

Gen II Fund Services, a tech-enabled Private Equity Fund Administrator, seeks a Fund Accounting Supervisor to lead and mentor teams across the private equity lifecycle.

You'll oversee fund operations, interface with clients and drive process improvements while maintaining high professional standards.

Qualifications

• Bachelor’s degree in Accounting, Economics and/or Finance.
• 4+ years of relevant Private Equity Fund/Investment Company Accounting & Reporting experience.
• Ability to learn on-the-job quickly, apply learning to clients and recommend solutions to issues.
• Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment.
• Excellent verbal, written and interpersonal communication.
• Strong attention to detail and accuracy.
• Superior problem solving, judgment, and decision-making skills.
• Ability to think independently, prioritize, multi-task and meet deadlines.
• Extensive Microsoft suite skills – Excel (pivots), Word, PowerPoint, and Outlook.

Responsibilities

• Work closely with the Director/Managing Director managing daily Fund Operations
• Oversee the operations and accounting of an existing fund independently
• Ability to interface and manage a client/business with limited guidance
• Familiar with LPA and other governing documents and able to extract key economics, compile, and document a thorough summary with limited guidance
• Able to supervise a small staff of accountants, if necessary
• Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in-depth review and sign off prior to Director/Managing Director review
• Perform multiple levels of review/analyses of financial reports, capital events and private equity complex transactions (depends on client and team)

Skills

Communication

Attention to detail

Problem solving

Multi-tasking

MS Office

Education

Bachelor's degree in Accounting/Economics/Finance

CPA

Job description

Gen II Fund Services, a leading tech-enabled Private Equity Fund Administrator, is seeking a Fund Accounting Supervisor to join our growing team. At Gen II, you will gain deep exposure to the full private equity fund lifecycle, including newly launched and first-to-market funds in sports, oil and gas, real estate, credit and more. You will lead and mentor teams supporting top-tier sponsors while driving process improvements, expanding your expertise, and contributing to the continued success of one of the industry's most respected platforms.

Your leadership will be critical in maintaining Gen II’s standard of technical excellence, client service, and operational integrity.

Primary Responsibilities

• Work closely with the Director/Managing Director managing daily Fund Operations
• Oversee the operations and accounting of an existing fund independently
• Ability to interface and manage a client/business with limited guidance
• Familiar with LPA and other governing documents and able to extract key economics, compile, and document a thorough summary with limited guidance
• Able to supervise a small staff of accountants, if necessary
• Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in-depth review and sign off prior to Director/Managing Director review
• Perform multiple levels of review/analyses of financial reports, capital events and private equity complex transactions (depends on client and team)

Job Requirements, Skills, Education, and Experience

• Bachelor’s degree in Accounting, Economics and/or Finance
• 4+ years of relevant Private Equity Fund/Investment Company Accounting & Reporting experience
• Ability to learn on-the-job quickly, apply learning to clients and recommend solutions to issues
• Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment
• Excellent verbal, written and interpersonal communication
• Strong attention to detail and accuracy
• Superior problem solving, judgment, and decision-making skills
• Ability to think independently, prioritize, multi-task and meet deadlines
• Extensive Microsoft suite skills – Excel (pivots), Word, PowerPoint, and Outlook

Preferred Experience

• CPA
• Sound knowledge of Investment Company Accounting (ASC 946), economics (waterfalls and allocations), fund structure within an organization chart, investor classifications
• Sound knowledge of types of reporting for investment funds under US GAAP (ASC 946) and IFRS
• Sufficient knowledge and hands‑on experience with governing documents such as LPAs, advisory agreements, side letters, separate fee agreements, etc.
• Hands‑on experience accounting/audit of private equity funds (including blockers, parallel, SPV, AIV, co‑investment vehicles), management companies, and other related vehicles

Salary & Benefits

The salary range for this position is $90,000-$130,000 in addition to a discretionary bonus and comprehensive benefits package. Please note that the actual salary offered within that range will depend on the candidate’s experience level.

Work Arrangement

All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States. All US employees are required to work a hybrid schedule, comprised of three (3) days a week in our office and two (2) days remotely.