Senior Fund Operations Manager - Tax & Reporting

Focus Financial Partners; New York (NY); On-site; USD 170,000 - 185,000; Full time

Benefits offered by this job

Annual cash bonus

Comprehensive benefits (medical,Dental

Vision, Life, 401(k)

Job summary

Focus Partners seeks an experienced CPA-credentialed professional to join the Operations group as a senior member focusing on tax and partnership accounting for private funds and funds of funds. You will own complex reporting, review junior staff output, and serve as a key OCIO reporting contact.

You will manage custodial relationships, K-1 tax allocations, and investor reporting across fund structures, while coordinating with administrators and auditors for year-end tax reporting and K-1

Qualifications

• Bachelor's degree required.
• Active CPA license preferred; not required for candidates with strong fund administration or accounting background.
• 7+ years of relevant experience in fund accounting, investment operations, or tax.

Responsibilities

• Manage custodial relationships and P/L reporting for separate accounts, and oversee capital activity, valuations, and investor reporting for private fund and fund-of-funds vehicles.
• Review and interpret Schedule K-1s and partnership tax allocations, including special allocations, waterfall calculations, and capital account maintenance across fund structures.
• Coordinate with fund administrators, auditors, and tax preparers on year-end tax reporting, K-1 delivery timelines, and resolution of allocation or basis discrepancies.
• Prepare and review comprehensive client and management reports, including performance, exposure, and tax-related disclosures for OCIO clients.
• Serve as a senior point of contact for OCIO client servicing teams and portfolio managers on portfolio reporting, performance, and tax/K-1-related inquiries.
• Review and approve fee invoice payments and capital call/distribution processing for private fund investments.
• Lead and/or contribute to operational due diligence on prospective and existing fund investments, including manager operational reviews and service-provider assessments.
• Work with various levels/members of the investment team to evaluate new investment strategies.
• Review, mentor, and train junior associates; serve as a quality-control checkpoint on reporting and reconciliation work before client delivery.
• Identify and implement process improvements to portfolio-level reporting, performance calculation, and tax-allocation workflows.
• Interact with all groups and levels of management, including client-facing communication requiring discretion and precision.

Skills

CPA credential

Senior financial reporting

OCIO client reporting

Team mentorship

Tax reporting (K-1s)

Advanced Excel

Fund accounting

Education

Bachelor's degree

CPA license (preferred)

Tools

Microsoft Excel

Portfolio accounting systems

Job description

Focus Partners seeks an experienced CPA-credentialed professional to join the Operations group as a senior member focusing on tax and partnership accounting for private funds and funds of funds. You will own complex reporting, review junior staff output, and serve as a key OCIO reporting contact.

You will manage custodial relationships, K-1 tax allocations, and investor reporting across fund structures, while coordinating with administrators and auditors for year-end tax reporting and K-1