Private Equity Fund Accountant

NACBA; New York (NY); On-site; USD 100,000 - 140,000; Full time

Job summary

Robert Half Financial Services is hiring a Private Equity Fund Accountant for a global investment firm located in midtown Manhattan, NY. The role requires 2+ years of fund accounting experience within private equity or related areas, with knowledge of NAV, capital calls, and waterfalls, GAAP, and audit/tax support.

This position is on-site five days per week with a base salary of $100k–$140k plus bonus. Applicants must be eligible to work in the United States.

Qualifications

• 2+ years Fund Accounting experience within Private Equity, Private Credit, Fund Administration or Big4/Public covering Asset Management or REIT clients.
• CPA license or parts passed is highly desirable.
• Knowledge of NAV, Capital Calls, Waterfalls, GAAP, Financial Statement review, Reconciliations and Audit/Tax support.

Responsibilities

• Maintain and oversee accounting and reporting for private equity, private credit, and open-ended fund structures.
• Review and validate monthly, quarterly, and annual fund accounting packages.
• Prepare and review NAV calculations and supporting workpapers.
• Review fund and partnership allocations, including investor-level activity and capital account balances.
• Assist in preparation and review of quarterly and annual financial statements in accordance with U.S. GAAP.
• Support accounting and reporting of fund-related entities, SPVs, and investment vehicles.
• Prepare and review capital call and distribution calculations and related investor notices.
• Assist with management fee calculations and related reporting.
• Prepare and review carried interest and waterfall calculations across multiple fund structures.
• Support quarterly investor reporting and ad hoc investor information requests.
• Coordinate with Investor Relations and other internal stakeholders for timely delivery of investor materials.
• Serve as a primary point of contact for external fund administrators.
• Review fund administrator deliverables for accuracy and adherence to governing documents.
• Identify and resolve accounting, reporting, and operational discrepancies.
• Drive process improvements and scalable controls across the fund platform.
• Coordinate annual audits and liaise with external auditors.
• Prepare audit support schedules and respond to information requests.
• Coordinate with external tax advisors regarding partnership tax reporting and K-1 preparation.
• Assist with new accounting policies and regulatory reporting requirements.

Skills

Fund accounting

NAV calculations

Capital calls

Waterfalls

GAAP

Financial statement review

Reconciliations

Audit & tax support

Education

Bachelor or Master Degree in Accounting

Job description

Robert Half Financial Services are hiring for a Private Equity Fund Accountant role for a global Investment firm located in midtown Manhattan New York.

Our client requires 2+ years Fund Accounting experience within Private Equity, Private Credit, Fund Administration or Big4/Public covering Asset Management or REIT clients.

CPA license or parts passed is highly desirable, must have knowledge of NAV, Capital Calls, Waterfalls, GAAP, Financial Statement review, Reconciliations and Audit/Tax support.

The Private Equity Fund Accountant role requires 5 days per week in the midtown Manhattan office.

The salary is flexible dependent on experience, the range is $100-140k base plus bonus.

Applicants must be eligible to work in the United States.

Responsibilities:

1. Maintain and oversee the accounting and reporting processes for private equity, private credit, and open-ended fund structures.
2. Review and validate monthly, quarterly, and annual fund accounting packages prepared internally and by external fund administrators.
3. Prepare and review NAV calculations and supporting workpapers.
4. Review fund and partnership allocations, including investor-level activity and capital account balances.
5. Assist in the preparation and review of quarterly and annual financial statements in accordance with U.S. GAAP and other applicable reporting standards.
6. Support the accounting and reporting of fund-related legal entities, SPVs, and investment vehicles.
7. Prepare and review capital call and distribution calculations and related investor notices.
8. Assist with management fee calculations and related reporting.
9. Prepare and review carried interest and waterfall calculations across multiple fund structures.
10. Support quarterly investor reporting and ad hoc investor information requests.
11. Coordinate with Investor Relations and other internal stakeholders to ensure timely delivery of investor materials.
12. Serve as a primary point of contact for external fund administrators.
13. Review fund administrator deliverables for completeness, accuracy, and adherence to governing documents.
14. Identify and resolve accounting, reporting, and operational discrepancies.
15. Drive process improvements and help establish scalable controls and procedures across the fund platform.
16. Coordinate annual audits and serve as a key liaison with external auditors.
17. Prepare audit support schedules and respond to information requests.
18. Coordinate with external tax advisors and administrators regarding partnership tax reporting and K-1 preparation.
19. Assist with the implementation of new accounting policies and regulatory reporting requirements as needed.

Qualifications:

1. 2+ years Fund Accounting experience within Private Equity, Private Credit, Fund Administration or Big4/Public covering Asset Management or REIT clients
2. CPA license or parts passed is highly desirable
3. Must have knowledge of NAV, Capital Calls, Waterfalls, GAAP, Financial Statement review, Reconciliations and Audit/Tax support
4. Bachelor or Master Degree in Accounting