Private Equity Fund Accountant

Green Key Resources; New Jersey; On-site; USD 180,000 - 260,000; Full time

Job summary

Green Key Resources LLC is seeking a Vice President of Fund Accounting to oversee the fund accounting operations for its private equity platform. You will lead a team of accounting professionals, maintain strong client relationships, and drive accurate and timely financial reporting.

The role requires private equity fund accounting experience, leadership, and deep knowledge of US GAAP, NAV calculations, and fund structures.

Qualifications

• 8+ years in public accounting or private equity fund accounting.
• Leadership experience managing accounting teams.
• Strong knowledge of PE fund structures, waterfall calculations, carried interest, and US GAAP.
• Experience reviewing ledgers, fund financial statements, and NAV calculations.
• Strong client relationship management, communication, and project management skills.
• Bachelor's degree in Accounting/Finance/Economics or CPA designation.

Responsibilities

• Lead and develop a team of fund accounting managers and staff.
• Oversee NAV calculations and fund accounting operations for PE funds.
• Review management fees, admin fees, carried interest, waterfall calculations and fund expenses.
• Manage capital activity, investor statements, financial reporting, and client deliverables.
• Serve as senior client contact, guiding accounting matters and service delivery.
• Coordinate financial statement audits and manage auditor relationships.
• Review LPAs and PPMs to ensure alignment with fund terms.
• Collaborate with Investor Relations, Tax, Waterfall, Financial Reporting, and Client Integration.
• Oversee onboarding of new clients and fund conversions; drive SLAs.
• Identify and implement process improvements, automation, and technology initiatives to enhance efficiency.

Skills

Fund accounting

Leadership

Client relationship management

NAV calculations

US GAAP

Project management

Communication

Education

Bachelor's degree in Accounting/Finance/Economics

CPA designation (preferred)

Job description

A leading financial services organization is seeking a Vice President of Fund Accounting to oversee fund accounting operations and client service delivery for its private equity fund platform. This individual will lead a team of accounting professionals, maintain strong client relationships, and drive operational excellence while ensuring accurate and timely financial reporting.

Private equity fund accounting experience is required for this role.

Key Responsibilities

• Lead, manage, and develop a team of fund accounting managers and staff, including training, performance management, and hiring.
• Oversee fund accounting operations and Net Asset Value (NAV) calculations for private equity funds, including financial statements, trial balances, and partner capital allocations.
• Review and oversee management fees, administrative fees, carried interest, waterfall calculations, and other fund-specific expenses.
• Manage capital activity, investor statements, financial reporting, and other client deliverables.
• Serve as a senior point of contact for clients, providing guidance on accounting matters and ensuring exceptional service delivery.
• Coordinate financial statement audits and manage relationships with external auditors.
• Review and interpret fund governing documents, including Limited Partnership Agreements (LPAs) and Private Placement Memoranda (PPMs).
• Collaborate with cross-functional teams, including Investor Relations, Tax, Waterfall, Financial Reporting, and Client Integration.
• Oversee new client onboarding, fund conversions, workflow management, and service-level commitments.
• Identify and implement process improvements, automation, and technology initiatives to enhance operational efficiency.

Required Qualifications

• 8+ years of relevant experience in public accounting and/or private equity fund accounting, with demonstrated private equity fund accounting experience required.
• Proven leadership experience managing and developing accounting teams.
• Strong knowledge of private equity fund structures, waterfall calculations, carried interest, and US GAAP.
• Experience reviewing general ledgers, fund financial statements, and NAV calculations.
• Strong client relationship management, communication, and project management skills.
• Demonstrated experience leading operational improvements, process enhancements, and technology initiatives.
• Bachelor's degree in Accounting, Finance, Economics, or a related field, or a relevant professional designation.

Preferred Qualifications

• Experience with FIS Investran or similar private equity fund accounting platforms.
• Experience overseeing complex private equity fund structures and client portfolios.
• CPA or other relevant professional designation (not required).