Fund Accounting Supervisor

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

Job summary

An established industry player in private equity fund administration is seeking a dedicated Fund Accounting Supervisor. In this pivotal role, you will oversee the accounting and operations of private equity funds, ensuring accuracy and compliance. You will collaborate closely with senior management while guiding a small team, making impactful decisions that shape the financial infrastructure. This role offers a unique opportunity to grow within a dynamic environment that values innovation and excellence. If you're ready to take your career to the next level in a hybrid work setting, this position is perfect for you.

Qualifications

• 4+ years of relevant Private Equity Fund Accounting experience.
• Ability to supervise a small staff of accountants.
• Strong knowledge of Investment Company Accounting.

Responsibilities

• Oversee the operations and accounting of an existing fund independently.
• Manage daily Fund Operations with the Director.
• Perform thorough reviews of Financial Reports and Capital Events.

Skills

Private Equity Fund Accounting

Financial Reporting

Client Management

Attention to Detail

Problem Solving

Communication Skills

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Economics

Bachelor’s degree in Finance

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Microsoft Outlook

Job description

Join to apply for the Fund Accounting Supervisor role at Gen II Fund Services

2 weeks ago Be among the first 25 applicants

Join to apply for the Fund Accounting Supervisor role at Gen II Fund Services

New York City based Private Equity Fund Administration Firm is looking for a Private Equity Accounting Supervisor to oversee Private Equity Funds.

Primary Responsibilities Will Include:

• 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 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
• 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 (Corporate, Partnership, Tax Blockers, etc. within an Organization Chart) / Investor Classifications
• Sound knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in US GAAP (ASC 946) and IFRS Ability to Prepare and review
• 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
  
  

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. Please note that all US employees are required to work a hybrid schedule, comprised of two (2) days a week in our office and three (3) days remotely.

About The Company

Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $1 trillion of private capital on behalf of its clients with 14 offices across the US, Canada and Europe. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

Key Facts:

• Administering over $1T in assets
• Servicing nearly every significant investor in the asset class
• Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model
• The most experienced and best performing team in the industry
  
  

https://gen2fund.com/candidate-privacy-statement/

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing and Finance

Referrals increase your chances of interviewing at Gen II Fund Services by 2x

Sign in to set job alerts for “Fund Accounting Supervisor” roles.

New York, NY $100,000.00-$160,000.00 1 month ago

New York, NY $120,000.00-$160,000.00 4 months ago

New York, NY $90,000.00-$115,000.00 4 weeks ago

New York, NY $165,000.00-$190,000.00 2 months ago

Associate Manager, Accounting - Armand de Brignac

New York, NY $92,000.00-$115,000.00 1 week ago

New York, NY $110,000.00-$150,000.00 2 weeks ago

New York City Metropolitan Area 1 week ago

New York, NY $130,000.00-$150,000.00 1 week ago

New York, NY $150,000.00-$200,000.00 6 months ago

New York City Metropolitan Area $114,400.00-$171,600.00 1 week ago

New York, NY $120,000.00-$130,000.00 4 days ago

Fund Accounting Supervisor, Private Equity / Hedge Funds (HYBRID)

New York, NY $70,000.00-$112,000.00 2 weeks ago

Manager, Accounting Advisory – Startup Companies – Remote

East Hanover, NJ $79.02-$79.02 2 weeks ago

New York, NY $130,000.00-$160,000.00 1 week ago

New York, NY $120,000.00-$150,000.00 2 weeks ago

Manhattan, NY $130,000.00-$145,000.00 2 weeks ago

New York City Metropolitan Area 2 weeks ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.