Senior Fund Accounting Lead-Private Equity NAV & Reporting

Wafra; New York (NY); On-site; USD 90,000 - 150,000; Full time

Job summary

Wafra is seeking an Associate of Fund Accounting in New York, NY to manage daily fund operations and oversee accounting and reporting for a portfolio of complex private equity funds. This role requires CPA/CA and 3–7 years of fund accounting or private equity audit experience.

You will review NAVs from external administrators, validate management fees and waterfalls, and prepare analyses and ad-hoc reports. Strong communication and Excel skills are essential.

Qualifications

• CPA/CA is required.
• BA/BS in Accounting or Finance.
• Minimum 3-7 years of fund accounting or private equity audit experience.
• BS/MS degree in Accounting or Finance.

Responsibilities

• Perform reviews over NAVs prepared by external fund administrators and verify investment positions and accuracy of transactions for a portfolio of complex private equity funds.
• Review fund governing documents, offering documents, subscription documents, side letters, and investment management agreements to ensure proper application of fund terms.
• Assist with review and validation of management fees and waterfall calculations to ensure their accuracy and compliance with fund governing documents.
• Monitoring of investment transactions, preparation of portfolio track record and analysis.
• Review ILPA compliant capital call and distribution notices, investor capital statements, and quarterly reports to investors.
• Perform review of financial statements and footnotes, ensuring consistency with relevant reporting framework.
• Perform carried interest allocation, analytics on carried interest movement, understand carried interest terms such as distribution waterfall and GP clawback.
• Ad-hoc reporting and deliverables.

Skills

Fund accounting

Audit experience

Private equity

Detail-oriented

Communication skills

Education

CPA/CA

BA/BS in Accounting or Finance

BS/MS in Accounting or Finance

Tools

Microsoft Excel

Microsoft Word

PowerPoint

Job description

Wafra is seeking an Associate of Fund Accounting in New York, NY to manage daily fund operations and oversee accounting and reporting for a portfolio of complex private equity funds. This role requires CPA/CA and 3–7 years of fund accounting or private equity audit experience.

You will review NAVs from external administrators, validate management fees and waterfalls, and prepare analyses and ad-hoc reports. Strong communication and Excel skills are essential.