Fund Accounting Manager | DCS (Software Investments)

Overview

This role supports growth strategies by overseeing the full lifecycle of fund accounting across both open- and closed-end private equity vehicles. Responsibilities include managing capital activity, maintaining accurate NAVs, and leading quarterly and annual financial reporting while partnering with investment and investor relations teams. The position requires strong knowledge of varying fund structures, including the nuances between open- and closed-end vehicles, as well as experience with complex equity structures, valuation concepts, and waterfall mechanics.

Responsibilities

• Review capital calls and distributions prepared by the fund administrator, including set-up of client check workpapers
• Review quarterly closing workpapers, including:
  • Financial statements
  • Capital account statements
  • ILPA fee templates (as applicable)
  • ILPA subscription line usage templates (as applicable)
  • Set-up of client check workpapers
• Review annual audited financial statements, footnotes, and disclosure workings
• Perform detailed review of management fee and waterfall calculations prepared by the fund administrator, including set-up of client check workpapers
• Assist the Investor Servicing Team in responding to information requests and inquiries from Limited Partners
• Coordinate draws and repayment of fund-level credit facilities with the Fund Operations Team
• Review fund expenses and perform allocations in accordance with the firm’s expense allocation policy
• Review materials prepared by Investor Relations and Compliance departments related to due diligence requests and regulatory filings
• Review working papers supporting regulatory compliance filings and draft filings prior to submission, including AIFMD, FAR, Form ADV, Form PF, and other regulatory filings
• Monitor cash activities on a real-time basis during capital calls and distributions
• Assist with execution of cash movements (wires, transfers, ACH, etc.), coordinating with the Treasury team as applicable
• Conduct monthly reviews of bank and custody reconciliations
• Support posting and releasing deliverables on the investor portal (e.g., financial statements, capital accounts, capital calls/distributions)
• Support ad hoc projects
• Contribute to the creation of new documentation and best practices

Requirements

• Minimum of 5 years of hands-on fund accounting/reporting experience required
• A./B.S. in Accounting or Finance
• Strong analytical skills, excellent attention to detail, expert modeling and spreadsheet capabilities
• Excellent communication, collaboration, and presentation skills
• Self-starter able to self-motivate in a mostly remote team setting

Preferred Qualifications

• CPA preferred
• Experience ideally within growth equity or similar strategies
• Experience in a fund administrator, asset manager, or Big Four environment

Compensation & Benefits

• Salary range: $102,000 - $153,000 per year (base salary only; actual pay depends on qualifications, experience, and skills)

Benefits include:

• 90% covered medical, dental, and vision insurance premiums
• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum (available to employees enrolled in a high-deductible health plan)
• 401(k) employer match at 100% of contributions up to 5% of compensation, with immediate vesting
• Flexible paid time off
• Generous holiday calendar
• Hybrid work environment
• Funded amount is prorated for new hires

Location

Hybrid work environment with flexibility.