Senior Cash Flow Manager - Private Markets Fund Accounting

StepStone Group; Los Angeles (CA); On-site; USD 140,000 - 150,000; Full time

Job summary

StepStone Group in Los Angeles, CA is seeking a Senior Cash Flow Manager to lead day-to-day cash flow and capital activity for a portfolio of StepStone-managed private-market vehicles. The role combines hands-on review of capital calls, distributions, investor funding and expense-related cash flows with workload management and disciplined execution of fund accounting controls.

Working with cross-functional teams, the manager ensures accuracy, timeliness and compliance with internal controls.

Qualifications

• 7+ years of private-market fund accounting experience.
• CPA preferred.
• Bachelor's degree in Accounting, Finance, or Economics.

Responsibilities

• Oversee capital calls, distributions, investment funding and expense-related cash flows for assigned funds; manage the capital activity calendar and review priorities.
• Coordinate administrator deliverables, internal review milestones and fund-specific requirements; communicate cash requirements, dependencies and timing risks.
• Review investor allocations, notices, ILPA templates and supporting schedules against fund terms and approved inputs; resolve discrepancies and document required approvals.
• Track investor receipts and funding status, follow up on missing wires and late payments, and coordinate closing requirements with Investment Operations and deal teams.
• Escalate unresolved funding shortfalls, unusual allocations, complex capital events and control exceptions promptly to Fund Accounting leadership.
• Apply established controls, including segregation of duties, documented preparation and review, exception tracking and SOX-aligned controls where applicable; maintain audit support and propose corrective actions.

Skills

Cash flow management

Team leadership

Financial analysis

SOX controls

Education

Bachelor's degree in Accounting, Finance, or Economics

Job description

StepStone Group in Los Angeles, CA is seeking a Senior Cash Flow Manager to lead day-to-day cash flow and capital activity for a portfolio of StepStone-managed private-market vehicles. The role combines hands-on review of capital calls, distributions, investor funding and expense-related cash flows with workload management and disciplined execution of fund accounting controls.

Working with cross-functional teams, the manager ensures accuracy, timeliness and compliance with internal controls.