Fund Accounting Manager

Job Description

Position: Fund Accounting Manager

Location: Charlotte, NC (Hybrid)

Type: Permanent

Salary: $120,000 - $130,000/PA

Summary:

The Fund Accounting Manager will oversee the accounting and financial reporting of private equity, venture capital, real estate, and infrastructure fund vehicles. This role involves managing both internal accounting staff and third-party administrators, ensuring accuracy in financial reporting, compliance, and investor communications. The position is highly collaborative, requiring close interaction with treasury, operations, investment teams, and external partners.

Key Responsibilities:

• Manage a portfolio of funds, including review of administrator-prepared work, reconciliations, and financial reporting.
• Review quarterly/annual financial statements (GAAP) and coordinate external audits.
• Oversee partner allocations, capital accounts, and investor reports.
• Calculate management fees, waterfalls, carried interest, and review capital calls/distributions.
• Liaise with General Partners and investors to address accounting, reporting, and ad-hoc inquiries.
• Monitor cash positions, manage credit facilities, and oversee treasury functions (wires, borrowings, compliance certificates).
• Support compliance reporting (ADV, Form PF, SLT) and tax-related matters (K-1 reviews, FIN 48).
• Train, mentor, and review work of junior accounting professionals.

Qualifications:

• Bachelor’s degree in Accounting; CPA and/or MBA preferred.
• 5–7 years of fund accounting experience (private equity, fund of funds, or real estate).
• Strong knowledge of U.S. GAAP, investment company accounting (ASC 820), and SEC-registered advisor environment
• Proficiency in Microsoft Excel and financial systems.
• Proven ability to manage competing deadlines in a fast-paced environment.
• Strong communication skills with a collaborative, detail-oriented mindset.