Remote Private Equity & Hedge Fund Accountant

Stone Coast Fund Services; Portland (ME); Hybrid; USD 70,000 - 105,000; Full time

Benefits offered by this job

Medical, dental, and vision plans

401(k) with employer match

HSA options

Discretionary bonus

Paid time off

Commuter benefits

Employee referral program

Student loan repayment support

Community service days

Job summary

Stone Coast Fund Services seeks a Private Equity Fund Accountant to manage NAV preparation for Private Equity funds and related hedge funds, including reconciliations, capital calls and distributions. You will compute carried interest, allocate earnings, and prepare PE-specific financial statements in a regulated environment.

The role requires reviewing fund documents, liaising with managers and investors, and delivering timely reports. Hybrid Maine-based, with remote options for select states.

Qualifications

• Four-year college degree in Accounting, Finance, Business, or Economics.
• Fund accounting experience in PE/hedge funds.
• Proficiency with Microsoft Office; advanced Excel skills.
• Strong verbal and written communication skills.

Responsibilities

• Understand and complete daily/monthly/quarterly NAV preparation for Private Equity Funds and some hedge funds, including cash and portfolio reconciliations.
• Prepare calculations and notices for fund events such as capital calls and distributions.
• Calculate carried interest and waterfall structures.
• Allocate profit and loss to investors and calculate management and performance fees.
• Prepare Private Equity-specific financial statements adhering to regulatory standards.
• Review fund clients’ offering documents and related materials and their impacts across lifecycle stages.
• Process and record fund expense payments and ensure cash wire requests are timely.
• Generate and deliver fund and investor reports to fund managers and investors.
• Prepare and deliver materials for board meetings, financial statements and audits/regulatory requests.
• Communicate with internal/external entities on fund accounting matters and assist in issue resolution.

Skills

Fund accounting

Private equity funds

Excel expertise

Verbal & written communication

Portfolio accounting systems

Internal controls

Financial reporting

Information security

Risk management

Education

Bachelor's degree in Accounting/Finance/Business

Tools

Advent Geneva World Investor

Job description

Stone Coast Fund Services seeks a Private Equity Fund Accountant to manage NAV preparation for Private Equity funds and related hedge funds, including reconciliations, capital calls and distributions. You will compute carried interest, allocate earnings, and prepare PE-specific financial statements in a regulated environment.

The role requires reviewing fund documents, liaising with managers and investors, and delivering timely reports. Hybrid Maine-based, with remote options for select states.