Senior Private Equity Fund Accounting Lead

Accountants One, Inc.; Fort Worth (TX); On-site; USD 110,000 - 160,000; Full time

Job summary

Accountants One, Inc. in Fort Worth, TX, seeks an Accounting Manager to support the Director of Accounting and oversee private equity accounting operations.

You will lead the accounting team, manage end-to-end processes for capital calls, distributions, and journal entries, and ensure timely financial reporting. The role requires 8-10+ years of private equity accounting experience, strong leadership, and expertise in partnership accounting and carried interest calculations.

Qualifications

• Bachelor's degree in Accounting.
• CPA preferred.
• 8-10+ years of progressive accounting experience in private equity, investment management, or financial services.
• Proven leadership experience managing supervisors or senior staff.
• Strong understanding of partnership accounting, capital call and distribution processing, and carried interest/waterfall calculations.
• Experience supporting audits in private equity or investment management.
• FIS Private Capital Suite experience is a plus.

Responsibilities

• Partner with the Director of Accounting to manage end-to-end accounting for private equity investments, including capital calls, distributions, journal entries, and wire approvals across fund, secondary, co-investment, and direct investments.
• Lead, mentor, and develop the accounting team to meet monthly, quarterly, and annual deadlines.
• Oversee daily cash activity, reconciliations, and wire transactions with proper controls and documentation.
• Oversee quarterly investment valuations and reconciliations with fund administrators and general partners.
• Review LP income allocations, carried interest, and waterfalls for accurate reporting.
• Monitor cash positions and unfunded commitments, escalating liquidity concerns as needed.
• Review quarterly unaudited and annual audited financial statements and quarterly performance reporting.
• Support the annual audit by managing PBC requests, workpapers, and schedules, ensuring timely deliverables.
• Drive process improvements, internal controls, and automation initiatives.

Skills

Analytical skills

Problem-solving

Decision-making

Team leadership

Education

Bachelor's degree in Accounting

CPA preferred

Tools

FIS Private Capital Suite

Job description

Accountants One, Inc. in Fort Worth, TX, seeks an Accounting Manager to support the Director of Accounting and oversee private equity accounting operations.

You will lead the accounting team, manage end-to-end processes for capital calls, distributions, and journal entries, and ensure timely financial reporting. The role requires 8-10+ years of private equity accounting experience, strong leadership, and expertise in partnership accounting and carried interest calculations.