GP / Partnership Accounting Manager – Alternative Investments

Madison-Davis, LLC; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

Madison-Davis, LLC is seeking an experienced accounting professional to join its finance team, focusing on accounting and reporting for GP entities, investment partnerships, and related structures.

This role offers broader ownership and exposure within a sophisticated alternative investment platform, with responsibilities spanning monthly and quarterly closes, partner capital accounts, allocations, carried interest, and collaboration with tax, audit, and fund administrators.

Qualifications

• Experience in accounting and reporting for GP entities and investment partnerships
• Strong partnership accounting background
• Ability to manage monthly and quarterly close processes
• Experience maintaining partner capital accounts and ownership schedules
• Knowledge of carried interest and incentive allocations
• Coordinate with tax, audit, fund administrators, and external providers

Responsibilities

• Own accounting and reporting for GP entities and investment partnerships
• Manage monthly and quarterly close processes
• Maintain partner capital accounts and ownership schedules
• Calculate and review partner allocations and distributions
• Support carried interest and incentive allocation calculations
• Account for investments through GP and employee investment vehicles
• Manage intercompany activity across multiple legal entities
• Prepare and review financial statements and supporting schedules
• Coordinate with tax, audit, fund administrators, and other external providers
• Assist with capital activity, cash management, and treasury-related functions
• Work closely with senior finance leadership on new entities, transactions, and strategic initiatives
• Help improve accounting processes, controls, and reporting as the platform grows

Job description

A leading alternative investment manager is looking to add an experienced accounting professional to its growing finance team. This position will focus on the accounting and reporting for the firm's GP entities, investment partnerships, and related structures.

This is an excellent opportunity for someone with a strong partnership accounting background who wants broader ownership and exposure within a sophisticated alternative investment platform.

Responsibilities

• Own accounting and reporting for GP entities and investment partnerships
• Manage monthly and quarterly close processes
• Maintain partner capital accounts and ownership schedules
• Calculate and review partner allocations and distributions
• Support carried interest and incentive allocation calculations
• Account for investments made through GP and employee investment vehicles
• Manage intercompany activity across multiple legal entities
• Prepare and review financial statements and supporting schedules
• Coordinate with tax, audit, fund administrators, and other external providers
• Assist with capital activity, cash management, and treasury-related functions
• Work closely with senior finance leadership on new entities, transactions, and strategic initiatives
• Help improve accounting processes, controls, and reporting as the platform continues to grow

Why This Opportunity

This position offers significantly broader exposure than a traditional fund accounting role. The individual will work closely with senior leadership and gain visibility into the economics of the investment platform, including GP investments, carried interest, partnership structures, and employee investment vehicles.