Lead Fund Accounting Manager – Alternatives

Russell Tobin; Philadelphia (Philadelphia County); Hybrid; USD 120,000 - 150,000; Full time

Benefits offered by this job

Hybrid work flexibility

Comprehensive benefits

Professional development opportunities

Job summary

PrideGlobal is seeking a Fund Accounting Manager for private equity and hedge funds to join its Investment Manager Services team. You will lead a client-facing accounting group, combining technical fund accounting expertise with people leadership.

Responsibilities include month-end valuations, NAV reporting, fund onboarding, audits, and regulatory compliance (GAAP/AML). Requires 5+ years in fund services, 2+ years supervising, and strong Excel and communication skills.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Economics, Mathematics or related field.
• 5+ years of experience in fund services, with direct alternative investment experience.
• 2+ years of supervisory or management experience.
• Strong understanding of hedge fund and/or private equity fund accounting and administration.
• Experience with NAV/valuation processes, reconciliations, financial reporting, and month-end close activities.
• Experience working with investment managers, fund clients, administrators, transfer agents, auditors, and other service providers.
• Working knowledge of GAAP, AML/compliance requirements, and fund operational controls.
• Intermediate proficiency with Microsoft Excel.

Responsibilities

• Serve as primary client contact with expertise across domestic and offshore alternative fund accounting and administration.
• Oversee day-to-day accounting operations for a team supporting private equity and hedge fund clients.
• Coordinate onboarding and setup of new funds and converted clients; ensure successful implementations.
• Review and approve month-end valuations, NAV-related reporting, reconciliations, and accounting packages.
• Partner with clients and investment managers on transaction-related questions and reporting.
• Coordinate with transfer agents, operations teams, technology teams, and external vendors to resolve issues.
• Support year-end audits and preparation/review of financial statements in accordance with GAAP.
• Ensure adherence to AML, regulatory, compliance, and internal control requirements.

Skills

Client relationship management

People leadership

Analytical thinking

Communication skills

Education

Bachelor's degree in Accounting, Finance, Business, Economics, Mathematics

Tools

Microsoft Excel

Job description

PrideGlobal is seeking a Fund Accounting Manager for private equity and hedge funds to join its Investment Manager Services team. You will lead a client-facing accounting group, combining technical fund accounting expertise with people leadership.

Responsibilities include month-end valuations, NAV reporting, fund onboarding, audits, and regulatory compliance (GAAP/AML). Requires 5+ years in fund services, 2+ years supervising, and strong Excel and communication skills.