Fund Accountant

Job Description

The Fund Accountant is responsible for timely, accurate accounting and reporting. They work closely with key service providers—including counterparties, the third-party administrator, and the custodian—as well as the broader accounting and operations team, while maintaining a high level of responsibility and autonomy over their assigned funds.

Key Duties & Responsibilities

Key responsibilities include, but are not limited to:

• Track incoming capital calls, distributions, fund expense payments, payments to GEM, investor subscriptions and redemptions

• Assists with monthly and quarterly close process for assigned portions of overall GEM portfolio and review of junior accountants’ assigned portfolios

• Assists of portfolio activity and accounting, including recording monthly/quarterly NAVs, unfunded balances, capital calls, and distributions

• Manage incoming cash requests

• Initiate and track wire approvals

• Open and close accounts

• Track capital calls and distributions

• Record and analyze quarterly NAVs

• Review and report unfunded balances

• Reconcile with fund administrator

• Generate monthly and quarterly statements for investors

Qualifications

Successful candidates will display traits inherent in GEM’s collegial and team-oriented culture, including enthusiasm, honesty, humility, integrity, and curiosity:

• CPA preferred but not required

• Bachelor’s Degree in a relevant field

• 2-4 years of experience

• Advanced Excel and other MS Office skills

• Power user of team software and tools, including managing upgrades, updates, and/or enhancements

• Proven ability to produce high-quality work in a fast-paced environment

• Excellent communication skills, both written and oral

Working Conditions

• Position type – Full-time

• Work schedule – Minimum 40 hours / week

• Work location – Hybrid (3 days in-office, 2 days remote) subject to manager discretion

• Work environment – Office

• Essential physical requirements – Ability to sit and work on a computer for an extended period

• Travel requirements – 10-20 percent depending on client needs

Benefits

• Competitive, market-based compensation

• Comprehensive medical, dental, and vision health insurance

• Flexible Spending Account / Health Savings Account

• Short- and long-term disability insurance

• Life insurance

• 401(k) retirement plan with employer contribution

• Education assistance, including certification, membership reimbursements, and more

• Wellness reimbursement program

• Charitable donation match program

• Paid time off

• Team and company events