Fund Accounting Manager

Fund Accounting Manager - Private Equity & Hedge Funds

Location: Oaks, PA / Remote

Work Schedule: Candidates located within a reasonable commuting distance of the Oaks, PA office will follow a hybrid schedule - Tuesday, Wednesday, and Thursday in office, with Monday and Friday remote. Candidates who do not live near the Oaks office may work fully remote.

Salary Range (Base dependent on experience level): 115,000 - 143,000 Base discretionary bonus

Position Overview

Our client is seeking an experienced Fund Accounting Manager to join its growing Investment Manager Services division, supporting private equity and hedge fund clients.

This individual will oversee fund accounting operations, serve as a primary point of contact for clients, manage and develop a team of accounting professionals, and ensure accurate and timely delivery of financial reporting and fund administration services.

The role is well suited for someone with strong alternative investment fund accounting experience who enjoys combining technical accounting, client relationship management, and people leadership.

Key Responsibilities

• Serve as a primary client contact for domestic and offshore private equity, hedge fund, and alternative investment fund accounting and administration.
• Oversee the accounting and administration of assigned funds while ensuring accurate and timely client deliverables.
• Manage the allocation and delegation of work across fund accounting teams.
• Coordinate the onboarding and setup of new funds and converted client relationships.
• Review and approve month-end valuations, reconciliations, financial reports, and accounting packages prior to client delivery.
• Ensure fund accounting records and reporting comply with applicable GAAP standards.
• Coordinate and support annual fund audits and work closely with auditors, investment managers, and other service providers.
• Review fund transactions and ensure adherence to applicable regulatory, compliance, and Anti-Money Laundering requirements.
• Authorize fund-related wire payments and oversee appropriate controls surrounding fund activity.
• Respond to client questions regarding transactions, accounting activity, financial statements, reporting, and fund administration.
• Partner with investment managers, transfer agents, internal operations teams, technology teams, and external vendors to resolve accounting or system-related issues.
• Lead, coach, and develop supervisors and analysts through regular one-on-ones, performance reviews, training, and career development.
• Assess staffing needs and participate in interviewing, hiring, performance management, and team development.
• Support business development and relationship management teams during prospect meetings, client presentations, and onboarding discussions.
• Identify opportunities to improve internal processes, workflows, controls, and overall client service.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Economics, Mathematics, or a related discipline - or equivalent professional experience.
• 5 years of experience within the fund services industry.
• Experience supporting alternative investments, including private equity and/or hedge funds, is required.
• 2 years of supervisory or people management experience.
• Working knowledge of fund accounting, financial reporting, valuations, reconciliations, and audit processes.
• Intermediate or stronger Microsoft Excel skills.

What Our Client Is Looking For

The ideal candidate will bring:

• Strong client service and relationship management skills.
• Excellent written and verbal communication.
• Strong attention to detail and commitment to accurate financial reporting.
• Ability to manage multiple funds, deadlines, and client priorities simultaneously.
• Strong organizational and problem-solving skills.
• Experience leading and developing accounting teams.
• Ability to collaborate effectively with internal teams, investment managers, auditors, and external service providers.
• Curiosity and critical thinking when identifying accounting issues or opportunities to improve processes.
• Flexibility and adaptability as client requirements and business needs evolve.
• A proactive, collaborative approach to team leadership and client service.

Benefits

Our client offers a comprehensive benefits package that includes medical, dental, vision, and prescription coverage, wellness resources, an Employee Assistance Program (EAP), FSA options, life and disability insurance with premiums paid for base coverage, a 401(k) match, education assistance, commuter benefits, up to 11 paid holidays per year, and 21 days of PTO annually for new hires, prorated based on start date and increasing over time. Additional benefits include paid parental leave, back-up childcare, paid volunteer days, a discounted stock purchase plan, investment options, professional development resources, and access to employee networks.

This is an opportunity to join a growing investment services organization, manage sophisticated alternative investment clients, lead a team, and continue developing within the broader fund administration and financial services space.

PrideGlobal and it's affiliates offers eligible employee's comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, pet insurance and employee discounts with preferred vendors.

Equal Employment Opportunity

PrideGlobal and it's affiliates are an equal opportunity employer. We do not discriminate on the basis of the race, religious creed, color, national origin, ancestry, physical disability, mental disability, reproductive health decision making, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, veteran or military status, or any other characteristic protected by applicable federal, state, or local law.

Fair Chance Employment

PrideGlobal and it's affiliates are a Fair Chance employer. We consider all qualified applicants, including those with criminal histories, in a manner consistent with applicable state and local Fair Chance laws and ordinances, including, the California Fair Chance Act and all applicable local Fair Chance ordinances.

Accommodations

We are committed to providing reasonable accommodations to applicants and employees with disabilities. If you require a reasonable accommodation to participate in the application or interview process, or to perform the essential functions of this role, please contact us.

Only applicable for San Francisco Candidates : Under the San Francisco Lactation in the Workplace Ordinance, we will provide written notice of lactation accommodation rights, and this notice will automatically be given upon hiring, any inquiry of parental leave or lactation accommodation.