Senior Manager, Fund Administration (Accounting)

Overview

This role offers an opportunity to join a growing initiative focused on evolving and scaling fund administration services within the private equity and real estate sectors. The position involves overseeing fund administration deliverables, including fund accounting and reporting, and managing a team of fund accountants. The role plays a key part in shaping the function's trajectory to deliver a best-in-class experience to clients.

Responsibilities

• Lead strategic decisions regarding team buildout and operational policies and procedures
• Develop and improve fund administration workflows by applying best practices and process efficiencies
• Identify product development opportunities and provide technical and product feedback to development teams
• Hire, train, and manage a team of fund accountants
• Interface directly with clients to ensure outstanding client experience
• Serve as a technical accounting expert and advisor on significant business and accounting decisions
• Review and perform accounting, analytical, and financial reporting duties to ensure accurate client and investor activity reporting
• Review investor allocations for investor statements, waterfall calculations, capital calls, distributions, asset and fund-level performance metrics, and external client and financial reporting
• Oversee annual audits, including review of audit reports, schedules, disclosures, and assist with Prepared By Client (PBC) lists and tax returns
• Research and provide guidance on recent accounting developments

Requirements

• 10+ years of private equity fund accounting experience with a fund administrator, including fund-level accounting and reporting for complex fund structures and consolidations
• Experience managing and coaching high-performing teams
• Bachelor’s degree in Accounting, Economics, Finance, Business Administration, or a related discipline
• Deep understanding of complex accounting transactions, private equity investment structures, and reporting requirements for private equity funds
• Solid knowledge of waterfall calculations, performance metrics (IRRs), distributions, and capital call calculations
• Comfortable working in a hyper-growth, startup environment with ambiguity
• Passion for technology and using it to streamline business operations and improve user experience
• Strategic thinker with the ability to manage both detailed and big-picture perspectives
• Excellent client service, verbal, and written communication skills
• Experience with IFRS (International Financial Reporting Standards) is a plus but not required

Compensation & Benefits

• Base salary range in the U.S.: $160,000 - $175,000 USD
• Base salary range in Canada: $150,000 - $165,000 CAD
• Compensation includes base salary, bonus, equity, and a variety of benefits

Benefits include:

• Health, dental, and vision care for employees and their families
• Life insurance and disability coverage
• Mental wellness coverage
• Fertility and growing family support
• Unlimited vacation plus company-paid holidays
• Paid family leave, medical leave, and bereavement leave
• 401(k) retirement savings plan
• Healthcare Flexible Spending Account (FSA) and commuter benefits
• Allowance to customize home work and technology setup
• Annual professional development stipend

Location

The role supports a flexible work environment, including fully remote options and physical offices in multiple locations. Employees collaborate across various U.S. states, Canadian provinces, and international locations.