Senior Fund Accountant (FoF)

Overview

A financial services organization specializing in fund administration and infrastructure for private equity and debt funds is seeking a Senior Fund Accountant. This role supports accounting and financial reporting for a portfolio of Fund of Funds (FoF) clients, handling day-to-day fund accounting, contributing to financial reporting deliverables, and serving as a technical resource on private markets accounting matters.

Responsibilities

• Perform daily accounting operations for multiple Fund of Funds clients.
• Prepare monthly, quarterly, and annual NAV packages and financial statements.
• Process capital activities including capital calls, distributions, equalizations, and investor allocations.
• Record and reconcile investment activities such as purchases, sales, income, expenses, and fair value reporting.
• Support accounting for underlying investments in private equity, venture capital, private credit, real estate, and hedge funds.
• Assist with partner capital allocations and waterfall calculations where applicable.
• Maintain accurate general ledger entries and supporting schedules.
• Support quarter-end and year-end close processes.
• Assist with annual audit requests and respond to auditor inquiries as needed.
• Prepare investor reporting packages and capital account statements for manager review.
• Communicate proactively with clients to resolve day-to-day questions and issues.
• Mentor Fund Accounting Associates informally as needed.
• Ensure work products are accurate, complete, and meet internal quality standards.
• Identify and flag process improvement or automation opportunities to management.
• Stay current on relevant accounting guidance and industry best practices.

Requirements

• Bachelor's degree in Accounting or Finance.
• Minimum of 4 years of alternative investment fund accounting experience.
• Exposure to Fund of Funds accounting preferred.
• Solid understanding of capital calls, distributions, investor allocations, partnership accounting, NAV calculations, and financial statement preparation.
• Experience with private equity, venture capital, private credit, or other alternative investment funds.
• Working knowledge of US GAAP.
• Strong Excel skills.
• Strong organizational and client communication skills.
• Experience at a fund administrator or alternative asset manager preferred.
• Familiarity with fund accounting systems such as Investran, Allvue, Geneva, or similar is a plus.
• Exposure to audited financial statement review is a plus.
• Basic familiarity with ASC 820 fair value principles.
• Exposure to multi-currency or complex partnership structures is a plus.

Compensation & Benefits

• Salary range: $82,000 - $123,000 per year (base salary only; actual pay depends on qualifications, experience, and skills).
• Medical, dental, and vision insurance premiums covered at 90%.
• Fully funded Health Savings Account (HSA) employer contributions up to IRS maximum for employees enrolled in the 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 offering flexibility and supporting work-life balance.
• Benefits funding prorated for new hires.

Location

This position is based in the United States with options for hybrid work arrangements.