Senior Associate, Private Equity Fund Operations & Implementation

Overview

This role is part of a Colombia-based nearshore implementation team supporting a U.S. fintech client specializing in the private funds industry. Team members work within the client’s U.S.-based Implementation team to configure, test, and validate fund structures and calculations in the client’s platform. Strong English and communication skills are required.

• Location: Remote from Colombia (no exceptions)
• Working hours: Full-time, aligned with Eastern business hours
• Job type: Contractor; monthly payments in US dollars

Responsibilities

• Own implementation work: Lead either a substantial portion of a larger financial implementation involving multiple entities, structures, or workflows, or a complete end-to-end implementation for a single entity with minimal oversight.
• Propose solutions: Independently identify edge cases and propose solutions rather than escalating for direction on every issue.
• Guide others: Provide guidance to Associates on specific pieces of work.
• Partner cross-functionally: Collaborate with U.S.-based Implementation, Product, and Engineering teams; surface issues discovered during testing and implementation.

Requirements

• Experience:
  • 3+ years of experience in accounting or finance operations.
  • 2+ years in the private equity industry as a fund accountant, fund operations professional, or implementation specialist at a fund manager, fund administrator, or fund management software provider.
• Fund waterfall knowledge:
  • Hands-on experience calculating or reviewing distribution waterfalls, including return of capital, preferred return, GP catch-up, and carried interest.
  • Ability to build a waterfall or distribution model in Excel from fund terms and transaction data.
• Excel and data handling:
  • Proficiency with Microsoft Excel and demonstrated comfort managing large, complex data sets.
• Education:
  • Bachelor’s degree in Accounting, Finance, Business, a related field, or equivalent experience.
• Communication:
  • Fluent written and spoken English (B2+), with strong communication skills for daily coordination with a U.S.-based team.

Preferred Qualifications

• Track record of implementing, configuring, or rolling out software, systems, or operational processes, ideally with SaaS or cloud-based platforms.
• Experience with investor distributions, capital accounts, or NAV calculations.
• Hands-on experience using AI tools to build or support automations.
• Experience adjusting quickly to evolving workflows, priorities, and tooling.

Nice to Have

• Experience with complex or non-standard waterfalls, such as multiple investor classes, IRR hurdles, whole-fund and deal-by-deal structures, or clawbacks.
• Experience reconciling waterfall results against a fund’s limited partnership agreement or other governing documents.
• CPA or equivalent experience.

Compensation & Benefits

• Paid time off: 9 paid holidays
• PTO: 10 days of PTO available after 6 months

Additional Notes

An Implementation Lead role may be considered for applicants whose experience exceeds the requirements for this position.