Senior Fund Accountant – Private Funds

Artisan Partners Limited; Chicago (IL); On-site; USD 125,000 - 180,000; Full time

Job summary

Artisan Partners Limited is seeking a Senior Fund Accountant to support complex accounting and fee mechanics for private funds, focus on technical analysis and validation of fund economics. Role covers alternatives including equities, fixed income, derivatives, and private assets, with a base salary range of $125,000-$180,000.

The position emphasizes accuracy, GAAP expertise, and collaboration with external auditors and fund administrators. A discretionary bonus may accompany base compensation.

Qualifications

• Strong analytical skills and attention to detail.
• In-house investment management experience required.
• 7–10 years of experience with alternative investment products.
• Undergraduate degree in accounting or finance; CPA preferred.
• Knowledge of accounting across equities, debt, derivatives and private equity investments.
• Self-starter; able to multi-task in a fast-paced environment.
• Excellent organizational and communication skills.
• Advanced Excel skills: complex modeling, scenario analysis and reconciliations.
• Data analytics and Tableau or similar tools beneficial.

Responsibilities

• Review NAV calculations, investor allocations and performance calculations.
• Model and validate management, incentive fees and carried interest calculations, including hurdles and catch-ups.
• Interpret fund documents (LPA, PPM) and apply complex concepts and calculations.
• Lead preparation and technical review of audited financial statements; liaise with external auditors.
• Design and improve fund accounting models, controls and workflows for hedge funds and PE structures.
• Oversee interactions with external service providers, including fund administrator and auditors.
• Review regulatory reporting (Form PF, Form PQR) and tie data to supporting ledgers.

Skills

US GAAP

Investment management

Analytical skills

Detail oriented

Multi-tasking

Excel modeling

Communication skills

Education

Bachelor's degree in accounting or finance

CPA preferred

Tools

Excel

Tableau

Job description

The Senior Fund Accountant will join a highly collaborative and engaged operations team, supporting and overseeing complex accounting and fee mechanics for the firm’s private funds, with a focus on technical analysis, governing document interpretation, and independent validation of fund economics. The ideal candidate has experience in alternative investment fund administration, including financial reporting and fund administrator oversight responsibilities. This role will primarily support the Firm’s alternatives business, including equities, fixed income, derivatives, and private assets. Location: Boston, MA | Chicago, IL | Milwaukee, WI | San Francisco, CA | New York, NY | Denver, CO Base Salary Range: $125,000-$180,000 Specific placement within the provided range will be determined by an individual’s geographic location as well as relevant experience and skills for the role. Base salary is only one component of our total compensation package. Associates may be eligible for a discretionary bonus, which is determined upon Firm and individual performance.

Responsibilities

The candidate is expected to:

• Review net asset value calculations, investor allocations, performance calculations, and other information prepared by the fund administrator
• Independently model and validate complex management fee, incentive fee, and carried interest calculations, including hurdle rates, catch-up provisions, crystallization mechanics, and investor-specific arrangements
• Review, analyze, and apply complex concepts, methodologies and calculations within open and close ended fund documents (i.e., LPA, PPM)
• Lead the preparation and technical review of audited financial statements; serve as a primary point of contact for external auditors and resolve complex accounting matters
• Provide technical leadership in the design, standardization, and continuous improvement of fund accounting models, controls, and workflows, with a focus on complex hedge fund and private equity structures (including side pockets, co-investments, and special purpose vehicles), to drive operational efficiencies.
• Assist with oversight of and interactions with external service providers, primarily the third-party fund administrator and fund auditors
• Review regulatory reporting (i.e., Form PF, Form PQR), including tying out financial information to supporting ledgers and performing analytical review procedures on information contained in the reports

Qualifications

The successful candidate will possess strong analytical skills and attention to detail. Additionally, the ideal candidate will possess:

• Advanced understanding of US GAAP and audited financial statements
• In-house investment management experience required
• Minimum of 7-10 years of experience with alternative investment products required
• Undergraduate degree in accounting or finance with demonstrated academic achievement; CPA preferred
• Knowledge of accounting and operations across a variety of investment types including equities, debt, derivatives, and private equity investments is required
• Strong work ethic and sense of ownership; collaborative approach to solving problems
• Self-starter with the ability to multi-task in a fast-paced environment and demonstrated ability to prioritize daily, monthly, and year-end work
• Excellent organizational and communication skills, confident verbal, and interpersonal approach
• Advanced Microsoft Excel skills required, including complex modeling, scenario analysis, and reconciliation techniques
• Data analytics and knowledge of Tableau or comparable tools beneficial

Privacy Notice for California Applicants

Artisan Partners Limited Partnership is an equal opportunity employer. Artisan Partners does not discriminate on the basis of race, religion, color, national origin, gender, age, disability, marital status, sexual orientation or any other characteristic protected under applicable law. All employment decisions are made on the basis of qualifications, merit and business need.