Fund Administration Accounting Associate

Fund Services Group; United States; Remote; USD 65,000 - 80,000; Full time

Job summary

Fund Services Group in the United States offers a remote-first environment with some in-person training and client-site support. We seek a Finance/Accounting Associate to learn the private funds life-cycle, record basic entries, and support performance reporting.

No specific degree required; we value eagerness, strong Excel skills, and professional communication. The role includes benefits and a competitive base salary with a quarterly profit-sharing bonus.

Qualifications

• A degree in accounting/finance/economics or related field.
• Basic understanding of GAAP is a plus, but not required.
• Strong organizational skills and attention to detail.
• Proficiency with Microsoft Office, especially Excel.
• Willingness to learn fund concepts and related software.

Responsibilities

• Record basic accounting entries and learn cash and accrual activity.
• Track investment activity and help prepare performance reports.
• Reconcile cash balances and resolve discrepancies.
• Prepare schedules for management fees, allocations and fund-related calculations.
• Assist in preparing financial statements, investor notices, and tax schedules.
• Collaborate with auditors, tax teams and third-party providers.
• Support onboarding and ongoing learning for future hires.

Skills

Attention to detail

Organizational skills

Written communication

Willingness to learn fund concepts

Excel proficiency

Education

Bachelor's degree in accounting, finance, economics, or related field

Tools

Fund administration software

Microsoft Office Suite

Job description

FSG is the solution for operational excellence being sought by private fund managers who wish to focus solely on raising capital and identifying investment opportunities. We support the entire life-cycle of our clients’ private funds and management company, managing the execution of investments, the experience of their investors, and the compliance, finance and human resource solutions needed to satisfy all regulatory requirements. Our team is asked to serve our clients with consistent excellence and accountability, while being allowed to live their definition of success. We focus on bringing new team members on board who share our passion for providing excellence in our service, while never wavering from our Principles of integrity, effort, communication and protecting time with our families.

Fund Administration Accounting Associate

FSG is the opportunity to learn and experience the finance industry for a people-oriented, hard-working, team player. Our unique culture is built by the team and for the team. Our compensation structure provides unlimited upside to our team members. We will teach you all that you need to know to be successful on our team, so we do not require any specific degree or work history. We just hope you are as non-traditional and eager to prove yourself as we are!

Your key responsibilities are to deliver white glove service and honor the FSG Principles while:

• Assisting with recording basic accounting entries and learning how to work with both cash and accrual activity
• Supporting the team in tracking investment activity and helping prepare performance reports
• Reconciling cash balances and assisting in identifying and resolving discrepancies
• Helping prepare schedules for management fees, allocations, and other fund-related calculations
• Assisting with the preparation of financial statements, reports, investor notices, and tax schedules
• Collaborating with colleagues and third-party providers such as auditors and tax teams
• Participating in team learning opportunities and supporting onboarding of future hire

Our requirements for you as an applicant are simple:

• A degree in accounting, finance, economics, or a related field (or equivalent coursework/experience)
• A basic understanding of accounting principles (GAAP knowledge is a plus, but not required)
• Strong organizational skills and attention to detail
• Clear and professional written communication
• Willingness to learn fund concepts like fees, capital activities, and industry best practices
• Comfort working in a fast-paced, team-oriented environment
• Proficiency with Microsoft Office Suite (especially Excel)
• Interest in learning fund administration software (training will be provided)

If you excel in your responsibilities and fulfill your requirements, our commitment to you is:

• Comprehensive benefits
• Base salary commensurate with experience and success: The annual base salary range for this position is $65,000 to $80,000
• Quarterly bonus that offers unlimited potential growth - 1/3rd of our profits (no matter how much) are shared with our team in bonuses each quarter

We are primarily a remote work company, but some of the training for this role may be best delivered in-person leveraging client sites or local coworking locations. Our clients also ask us to provide on-site support from time-to-time. In the interview process, we can outline expectations about what, if any, in-person training or support time is expected to be required for this role.

You will be successful when you deliver exemplary service to our clients and their investors, fulfill the FSG vision and purpose, and bring success to the entire FSG team. We are excited to have you join our team and appreciate your interest in joining us on a journey to success!