VP of Fund Accounting

Atlantic Group; New York (NY); On-site; USD 180,000 - 200,000; Full time

Job summary

Atlantic Group in New York is seeking a VP of Fund Accounting to lead the fund accounting and financial reporting efforts across multiple investment funds. The role reports to senior leadership and requires driving finance operations, policy development, and scalable processes.

The role involves overseeing NAVs, investor reporting, audits, and collaboration with legal, compliance, and asset management teams. Midtown NYC office with 4 days in-office work per week is expected.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related discipline.
• 10+ years of progressive fund accounting, fund administration, asset management, or public accounting experience.
• Significant experience overseeing accounting and reporting for investment funds.
• Strong understanding of alternative investments, including private equity, private credit, hedge funds, real estate, or multi-asset strategies.

Responsibilities

• Lead the overall fund accounting and financial reporting function for multiple investment funds and related entities.
• Oversee NAV calculations, financial statements, investor reporting, and capital activity review/approval.
• Ensure accurate accounting for investment transactions, valuations, management and performance fees, allocations, and expenses.
• Direct month-, quarter-, and year-end close processes and coordinate external service providers.

Education

Bachelor's degree in Accounting, Finance, or a related discipline

Job description

Location: Midtown NYC, 4x/week in office

Compensation: 180k to 200k with bonus

Our client, a 70B top-tier asset manager with a high growth platform, is seeking VP of Fund Accounting to join their team.

Key Responsibilities

• Lead the overall fund accounting and financial reporting function for multiple investment funds and related entities.
• Oversee the review and approval of NAV calculations, financial statements, investor reporting, and capital activity.
• Ensure accurate and timely accounting for investment transactions, valuations, management fees, performance fees, allocations, and expenses.
• Direct the month-end, quarter-end, and year-end close processes.
• Oversee relationships with fund administrators, custodians, auditors, tax advisors, and other third-party service providers.
• Lead annual audits and coordinate the preparation of audited financial statements and supporting documentation.
• Monitor compliance with fund governing documents, accounting standards, regulatory requirements, and internal control frameworks.
• Partner with investment, operations, legal, compliance, treasury, and investor relations teams on fund-related matters.
• Provide leadership on fund launches, restructurings, acquisitions, portfolio events, and other strategic initiatives.
• Evaluate and enhance accounting policies, controls, operational processes, and reporting procedures.
• Prepare and present financial and operational updates to senior leadership and key stakeholders.
• Drive automation, scalability, and operational efficiency initiatives across the accounting platform.
• Identify and mitigate accounting, operational, and reporting risks.

Leadership & Management Responsibilities

• Lead, mentor, and develop managers, supervisors, and accounting professionals.
• Establish performance goals and oversee talent development initiatives.
• Foster a culture of accountability, collaboration, and continuous improvement.
• Support departmental budgeting, resource planning, and organizational growth.
• Serve as a senior escalation point for complex accounting and operational matters.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related discipline.
• 10+ years of progressive fund accounting, fund administration, asset management, or public accounting experience.
• Significant experience overseeing accounting and reporting for investment funds.
• Strong understanding of alternative investments, including private equity, private credit, hedge funds, real estate, or multi-asset strategies.