Manager, Partnership Accounting - Operations

Company Profile
The Carlyle Group (NASDAQ: CG) is a global investment firm with $477 billion of assets under management and more than half of the AUM managed by women, across 678 investment vehicles as of December 31, 2025. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,500 professionals operating in 27 offices in North America, Europe, the Middle East, Asia and Australia. Carlyle places an emphasis on development, retention and inclusion as supported by our internal processes and seven Employee Resource Groups (ERGs). Carlyle's purpose is to invest wisely and create value on behalf of its investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments - Global Private Equity, Global Credit and Carlyle AlpInvest - and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.

At Carlyle, we believe that a wide spectrum of experiences and viewpoints drives performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." We strive to foster an environment where ideas are openly shared and valued. By bringing together teams with varied expertise and approaches, we enjoy a competitive advantage and create a stronger foundation for long-term success.

Position Summary
The position manages a team of staff and senior accountants within Partnership Accounting responsible for the day-to-day operation of various investment funds sponsored by The Carlyle Group. The Manager's primary responsibility is to ensure that transactions and events involving the funds and their portfolio investments are appropriately recorded and reported, and are in compliance with each fund's partnership agreements. The Manager is also expected to review capital calls and distribution notices and support internal initiatives to improve, standardize and automate processes and practices across Carlyle.

The Manager will work closely with other Managers in Partnership Accounting to ensure consistent GAAP and Tax treatment of transactions across groups. Additionally, Managers across Partnership Accounting will serve on committees to ensure appropriate training and on-boarding of staff occurs and that our technology and systems are utilized consistently and as efficiently as possible.

The Manager will report to a group head within Partnership Accounting and provide support to and take direction from the Fund Controller team as needed.

In-Office Requirements: 4 days per week in-office

Primary Responsibilities
60% of time
General Ledger:

• Ensure the OneCarlyle Accounting Model is utilized by the seniors and staff accountants.
• Review journal entries recorded by the team
• Manage monthly and quarterly accounting close for assigned fund groups including ensuring balance sheet reconciliations are completed timely and properly supported in accordance with internal policies and procedures.
• Work closely with supervisors in the Partnership Accounting and Fund Management teams to ensure transactions and other fund activities are appropriately reflected in all of the Fund's reports.
• Review the general partner books and records and supporting schedules prepared by Partnership Accounting seniors and staff for Corporate Accounting.
• Review and/or Prepare certain account analysis requested by Corporate Accounting (ie. Working capital analysis, Intercompany accounts, etc.)
• Coordinate the preparation and review the funds' tax returns and other tax documents, working closely with Carlyle's tax department, external tax consultants and lawyers to determine the appropriate tax treatment of transactions and events.

20% of time
Transactions and fund activities:

• Review capital call calculations and allocations prepared by the senior and staff accountants.
• Determine the applicable treatment of distribution proceeds received by the Fund and review the calculation of carried interest due to Carlyle.
• Monitor the funds' and general partner's working capital performance.
• Coordinate between the Fund team (external investors) and Internal Coinvestment team (internal investors) to ensure that capital calls and distributions are consistent between internal and external teams.
• Monitor compliance of the funds with their various agreements and arrangements.
• Ensure that accounting books and records are in compliance with SEC requirements.

10% of time
Cross-fund Coordination and Standardization:

• Assist Investor Services with internal efforts to improve, standardize and automate processes and practices across Carlyle including:
• Implementation of the OneCarlyle Accounting Model and automation of financial statements.
• Provide input and support the automation of carried interest calculation.
• Improve and standardize documentation of accounting records.
• Serve on training and development committees, etc.

5% of time
Ad hoc reporting and investor relations:

• Review correspondence prepared by the senior/staff accountants in response to investor questions and requests.
• Support the Fund Management and Investor Relations teams in the preparation of various Carlyle disclosures and presentations, and addressing investor inquiries.

5% of time
Fundraising:

• Support the Fund Management team and legal counsel as needed in the preparation and update of marketing and offering materials such as:
• private placement and coinvestment offering memoranda
• partnership agreement and side letters
• fund presentation book ("pitch book")
• responses to investors' questionnaires
• Support Investor Relations team addressing prospective investor inquiries about the partnerships and status of fundraising

Requirements
Education & Certificates

• Bachelors degree, required
• Concentration in Accounting or Finance, preferred
• CPA strongly preferred

Professional Experience

• Minimum of 5-8 years public or private accounting experience required
• 3 years at the supervisory levels required

Competencies & Attributes

• Tax & Partnership accounting experience a plus
• Supervisory experience a must
• Proficient Microsoft Office skills
• Self-Starter
• Strong interpersonal skills a must
• Strong organizational skills and detail oriented. Attention to detail a must.
• Excellent communication skills - both written and oral
• Demonstrated ability to work effectively as part of a team
• Experience managing and implementing successful projects

Benefits/Compensation
The compensation range for this role is specific to Washington, DC, and takes into account a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications.

The anticipated base salary range for this role is $125,000 to $155,000.

In addition to the base salary, the hired professional will enjoy a comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance.

Due to the high volume of candidates, please be advised that only candidates selected to interview will be contacted by Carlyle.