Senior Fund Operations & Tax Manager

Focus Partners Wealth; New York, Northern (NY, KY); Hybrid; USD 170,000 - 185,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

401(k)

Job summary

Focus Partners Wealth in New York seeks a CPA-credentialed senior operations professional to lead tax and partnership accounting for private funds and funds of funds. You will own complex reporting, oversee junior staff, and serve as a primary contact for OCIO client reporting requirements.

The role requires 7+ years in fund accounting/investment operations with strong K-1 knowledge, IRR/TWR/PME experience, and advanced Excel skills.

Qualifications

• Bachelor's degree required
• Active CPA license preferred; not required for candidates with strong fund administration or accounting background
• 7+ years of experience in fund accounting, investment operations, or tax with exposure to private funds/funds of funds
• Working knowledge of partnership taxation and allocations (K-1s, waterfalls, capital maintenance)
• Familiarity with performance metrics (IRR, TWR, PME)
• Proficiency with Microsoft Excel and firm reporting/portfolio accounting systems

Responsibilities

• Manage custodial relationships and P/L reporting for separate accounts, oversee capital activity, valuations, and investor reporting for private fund and fund-of-funds vehicles
• Review and interpret K-1s and partnership tax allocations, including special allocations and waterfall calculations
• Coordinate with fund administrators, auditors, and tax preparers on year-end tax reporting and K-1 delivery timelines
• Prepare and review client and management reports including performance, exposure, and tax disclosures for OCIO clients
• Serve as senior contact for OCIO client servicing teams and portfolio managers on reporting, performance, and tax/K-1 inquiries
• Review and approve fee invoices and capital call/distribution processing for private fund investments
• Lead/participate in operational due diligence on investments and service-provider assessments
• Collaborate with investment team to evaluate new strategies
• Mentor junior associates; provide QA on reporting and reconciliation before delivery
• Identify and implement process improvements to portfolio-level reporting, performance calculation, and tax-allocation workflows
• Interact with management across groups including client communication with discretion and precision

Skills

Fund accounting

OCIO reporting

K-1 tax

Portfolio reporting

Mentoring

Financial analysis

Education

Bachelor's degree

CPA license

Tools

Excel

Portfolio accounting systems

Job description

Focus Partners Wealth in New York seeks a CPA-credentialed senior operations professional to lead tax and partnership accounting for private funds and funds of funds. You will own complex reporting, oversee junior staff, and serve as a primary contact for OCIO client reporting requirements.

The role requires 7+ years in fund accounting/investment operations with strong K-1 knowledge, IRR/TWR/PME experience, and advanced Excel skills.