Senior Accountant

As a key member of our client’s Fund Accounting team, the Senior Fund Accountant will play a critical role in managing the financial reporting and accounting operations of the firm’s private credit and private equity investment funds. Reporting directly to the Fund Accounting Manager, this individual will serve as a trusted partner in the monthly and quarterly close processes, preparation of fund financials, coordination with fund administrators, and support for audits and tax filings.

This is a highly visible position that involves cross-functional collaboration with senior management, operations, legal, and external partners. The ideal candidate is proactive, detail-oriented, and eager to contribute to the ongoing enhancement of accounting processes and controls.

Responsibilities

• Lead or assist in the preparation of monthly and quarterly fund-level financial reporting, including Net Asset Values (NAVs), investor capital account statements, and management reporting packages.
• Oversee daily and monthly transaction processing, including bank activity, loan collections, fund distributions, and expense allocations. Ensure all activity is accurately reflected in the general ledger.
• Review and monitor fund administrator deliverables, including NAV packages and investor reports, ensuring accuracy and adherence to deadlines.
• Coordinate and review investor capital activity (subscriptions, redemptions, capital calls, distributions), in partnership with the fund administrator and investor relations team.
• Monitor fund expense budgets, accruals, and management fee calculations.
• Support annual financial audits and agreed-upon procedures by liaising with external auditors and preparing requires schedules and documentation.
• Assist with recurring tax filings and coordinate with external tax advisors on fund-level tax matters.
• Collaborate on continuous improvement initiatives, including automation of processes and implementation of best practices in fund accounting.
• Serve as a key contact for internal stakeholders including corporate accounting, operations, portfolio management, and compliance/legal teams.
• Support ad-hoc projects and internal reporting requirements, including regulatory and investor inquiries.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required.
• CPA or CPA-eligible preferred; strong intention to obtain certification highly desirable.
• Minimum of 4 years of relevant experience in fund accounting or financial services audit, with at least 2 years at a Big 4 or top-tier public accounting firm.
• Strong understanding of U.S. GAAP and fund accounting principles, with a focus on private investment funds.
• Experience with complex fund structures, performance metrics (e.g., IRRs), capital calls, distributions, and waterfall calculations preferred.
• Demonstrated ability to analyze financial data, identify discrepancies, and resolve accounting issues independently.
• Proficiency in accounting systems and Excel; familiarity with fund administration platforms a plus.
• Strong organizational skills and the ability to manage multiple priorities and deadlines.
• A strategic thinker who can balance attention to detail with a broader business perspective.
• Self-starter with a strong work ethic, capable of working in a dynamic, fast-paced environment.