Senior Manager, Fund Administration

CMB Staffing Solutions; United States; Hybrid; USD 100,000 - 150,000; Full time

Job summary

A leading staffing firm is seeking a Senior Manager, Fund Administration, responsible for managing fund accounting for private investments across multiple client engagements. Ideal candidates will have a Bachelor's degree in Accounting or Finance, with at least 8 years of experience in the asset management industry, including strong leadership in fund administration. This full-time role allows for hybrid work in key U.S. cities, focusing on compliance and financial reporting in a dynamic environment.

Responsibilities

• Manage fund reporting and accounting activities for multiple master feeder funds.
• Prepare financial reporting and NAV packages.
• Ensure compliance with investor allocation requirements.
• Lead audits and provide support for tax-related issues.

Skills

Asset management industry experience

Team leadership experience

Expertise in fund accounting

Multi-tiered master-feeder fund structures

Public accounting background

Financial close process management

Private debt, private equity understanding

Proficient in Investran

Education

Bachelor’s Degree in Accounting, Finance, or related field

Tools

Investran

Job description

Sr Director, Talent Acquisition @ CMB Staffing Solutions

About the Company

CMB has partnered with a rapidly growing, entrepreneurial firm who is among the top 20 Largest Accounting and Consulting Firms in the Nation.

About the Role

We're looking for a Senior Manager, Fund Administration to manage fund accounting for private investments, including debt, private equity, and real estate, ensuring accurate reporting and compliance. This role serves as the lead on multiple client engagements in a fast-paced environment with a hands‑on approach to service delivery.

Hybrid roles available in LA, NYC, San Ramon, Dallas, or Chicago

Responsibilities

• Manage multiple master feeder (including blockers) funds’ reporting related to daily, monthly, quarterly and annual accounting and operational activities.
• Prepare wire and ACH transfers for invoice payments, investment funding, investors’ distributions.
• Set up calculation schedules for capital calls, distributions, and management fee per LPAs.
• Set up various operational and financial reports in the accounting system, Investran.
• Review monthly bank reconciliations.
• Prepare consolidated financial reporting and NAV packages in ensuring adequacy of the equity pick up.
• Review quarterly investor statements in ensuring adequacy of investors’ allocation.
• Prepare a complete set of annual financial statements and footnote disclosures relating to audit requirements.
• Plan, direct and coordinate with client and financial management outsourcing staff for timely and accurate monthly finance and accounting services.
• Act as ultimate lead in audit processes.
• Assist with the tax support.
• Assist with ad hoc projects.
• Supervise staff accounts on day-to-day functions and provide job trainings to the team.

Qualifications

• Bachelor’s Degree in Accounting, Finance or another business-related discipline

Required Skills

• Minimum of 8 years’ experience in the asset management industry or fund accounting
• Minimum of 2 years’ experience leading teams and managing team members
• Background with multi-tiered master-feeder fund structures and investor reporting
• Prior work in public accounting or fund administration accounting
• Proven ability to run the financial close process
• Skilled in managing open and close-ended funds
• Proficient in waterfalls and performance fee calculations
• Strong exposure to private debt, private equity, and real estate fund structures
• Familiarity with Investran and a variety of investor portals
• Flexibility to work from home while collaborating in person half the time.
• CPA is highly desirable

Seniority level

Director

Employment type

Full-time

Job function

Finance and Accounting/Auditing

Industries

Accounting, Professional Services, and Venture Capital and Private Equity Principals