Private Equity Fund Accountant — NAV & Waterfall Expert

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 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.