Senior Accountant / Accounting Manager – Fund Accounting

Xplora Search Group; Philadelphia (Philadelphia County); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid work

Office in Philadelphia

Growth opportunities

Exposure to leadership

Job summary

Xplora Search Group in Philadelphia, PA is seeking a Senior Accountant / Accounting Manager with fund accounting experience. The role offers hybrid work with 2–3 days onsite per week and exposure to senior leadership in a growing financial services environment.

The ideal candidate has 3+ years in fund/investment accounting, strong GAAP knowledge, and a proactive mindset to build scalable accounting infrastructure as the business scales.

Qualifications

• 3+ years of accounting experience, with fund or investment accounting focus.
• Experience with fund accounting, investment management, or related financial services.
• Strong understanding of investor reporting and distribution waterfalls.
• Experience with reconciliations, financial statement prep, and U.S. GAAP.

Responsibilities

• Prepare and review reconciliations, cash activity, and schedules across multiple funds/entities.
• Support month-end and quarter-end closes, including journal entries and reporting.
• Prepare financial statements in accordance with U.S. GAAP.
• Assist with investor reporting, waterfalls, and analyses.
• Monitor activity, investigate variances, and resolve discrepancies.
• Prepare periodic and ad hoc financial reporting packages.
• Support audits and maintain audit-ready documents.
• Collaborate with internal and external stakeholders to resolve matters.
• Identify opportunities to streamline processes and strengthen controls.
• Help develop accounting procedures and infrastructure to scale growth.

Skills

Fund accounting

Investment accounting

U.S. GAAP

Analytical skills

Ownership mindset

Problem-solving

Tools

Excel

Job description

Senior Accountant / Accounting Manager - Fund Accounting

Location: Philadelphia, PA

Work Arrangement: Hybrid | 2-3 days onsite per week

About the Opportunity

We're partnering with a growing financial services and investment management organization in Philadelphia that is looking to add accounting talent at the Senior Accountant and Accounting Manager levels.

These are newly created opportunities driven by continued growth and expansion. The team is looking for individuals with a strong foundation in fund accounting, investment accounting, or financial services audit who are excited about taking ownership, improving processes, and helping build out the accounting infrastructure as the business continues to scale.

This is an excellent opportunity for someone who enjoys a fast-paced, entrepreneurial environment and wants to move beyond traditional accounting responsibilities. The positions offer significant visibility, exposure to senior leadership, and long-term growth potential.

Key Responsibilities

• Prepare and review account reconciliations, cash activity, and supporting schedules across multiple funds, portfolios, and legal entities.
• Support the month-end and quarter-end close processes, including journal entries, reconciliations, and financial reporting.
• Prepare financial statements in accordance with U.S. GAAP.
• Assist with investor reporting, distribution waterfalls, and related financial analyses.
• Monitor financial activity, investigate variances, and resolve discrepancies.
• Prepare monthly, quarterly, and ad hoc financial reporting packages.
• Support external audits and maintain accurate, audit-ready documentation.
• Partner with internal teams and external stakeholders to resolve accounting and reporting matters.
• Identify opportunities to streamline accounting processes, strengthen internal controls, and improve reporting efficiencies.
• Help develop and enhance accounting procedures and infrastructure to support continued organizational growth.

Qualifications

• 3+ years of relevant accounting experience, with level and title determined by background.
• Experience in fund accounting, investment management, private equity, structured credit, or a related financial services environment.
• Candidates with public accounting experience auditing private equity funds, investment funds, or other financial services clients are encouraged to apply.
• Candidates with relevant fund administration experience will also be considered.
• Strong understanding of investor reporting and distribution waterfalls.
• Experience with account reconciliations, financial statement preparation, and U.S. GAAP.
• Experience working across multiple funds or legal entities is a plus.
• Strong analytical, problem-solving, and organizational skills.
• Ability to work independently, take ownership, and thrive in a growing, evolving environment.
• A proactive mindset with an interest in process improvement and building scalable accounting functions.

Why Consider This Opportunity?

• Growth: Join an expanding organization with newly created positions and opportunities for advancement.
• Visibility: Work closely with senior leadership and gain exposure to key business decisions.
• Impact: Help build and improve accounting processes rather than simply maintaining existing systems.
• Variety: Gain exposure to fund accounting, financial reporting, investor reporting, and operational initiatives.
• Culture: Collaborative, entrepreneurial environment that values initiative, critical thinking, and problem-solving.
• Flexibility: Hybrid work schedule with 2-3 days per week in the Philadelphia office.