Private Equity Fund Accounting Leader

Daley and Associates; Boston (MA); On-site; USD 120,000 - 160,000; Full time

Job summary

Daley And Associates, LLC in Boston is seeking a Manager, Fund Accounting to oversee fund accounting, financial reporting, and operations across multiple investment vehicles within a private equity platform.

The role reports to the Director & Controller of Fund Accounting and will coordinate with third-party administrators, external auditors, and internal teams to ensure GAAP compliance, NAV accuracy, and efficient capital calls and distributions.

Qualifications

• Strong experience in private equity fund accounting or a related alternative investment environment.
• Solid understanding of fund structures, financial reporting, and U.S. GAAP.
• Experience with carried interest, waterfall calculations, capital calls, distributions, and NAV.
• Experience overseeing third-party fund administrators and external audits.
• Familiarity with LPAs, side letters, and international fund structures is preferred.

Responsibilities

• Oversee quarterly and annual financial reporting across multiple fund structures in accordance with U.S. GAAP and applicable regulatory requirements.
• Coordinate with third-party fund administrators and review financial statement packages.
• Lead year-end audits and serve as the primary liaison with external auditors.
• Oversee capital calls, distributions, investor allocations, and management fee calculations.
• Manage fund credit facilities, including drawdowns, repayments, and covenant compliance.
• Oversee cash management, liquidity planning, and fund expenses.
• Coordinate regulatory reporting for international fund structures, including Luxembourg and Cayman entities.
• Interpret Limited Partnership Agreements and side letters to ensure proper accounting, allocations, and distributions.
• Oversee NAV calculations and identify opportunities to improve accounting processes and controls.

Skills

Private equity fund accounting

U.S. GAAP expertise

Fund structures knowledge

NAV calculations

Waterfall calculations

Capital calls & distributions

External audits coordination

Job description

Daley And Associates, LLC in Boston is seeking a Manager, Fund Accounting to oversee fund accounting, financial reporting, and operations across multiple investment vehicles within a private equity platform.

The role reports to the Director & Controller of Fund Accounting and will coordinate with third-party administrators, external auditors, and internal teams to ensure GAAP compliance, NAV accuracy, and efficient capital calls and distributions.