Senior Fund Accountant

Company Description

VWH Capital Management, LP (“VWH”) is an SEC‑registered investment advisor and private equity firm with over $3 billion in assets under management. The firm is a leading investor in the U.S. distressed residential mortgage loan market and focuses on generating long‑term returns across securitized products, distressed credit, and whole loans. VWH is headquartered in Dallas, Texas. For more information, please visit www.vwhcapital.com.

Job Description

VWH Capital Management is seeking a Senior Fund Accountant to work closely with the CFO and Director in overseeing the financial operations of the firm’s private investment funds. This individual will play a key in‑house role responsible for fund accounting oversight, financial reporting, and coordination with third‑party service providers, including the fund administrator, auditors, and tax advisors.

The position offers broad exposure across the full fund lifecycle and is well‑suited for a candidate looking to step beyond a purely administrative or audit role into a hands‑on, ownership‑oriented position within a growing investment manager. The firm invests across a broad spectrum of securitized products, with a current focus on distressed U.S. residential mortgages and securitization structures.

This role is expected to become an integral part of the finance team and contribute meaningfully to process improvement, investor reporting, and scaling the firm’s fund operations.

Responsibilities

Fund Accounting & NAV Oversight

• Review and validate monthly and quarterly NAV close packages prepared by the fund administrator, including all supporting schedules and reconciliations
• Review general ledger activity, cash and position reconciliations, expense accruals, and investor‑level allocations
• Ensure accounting treatments are consistent with governing documents and U.S. GAAP

Financial Reporting & Audit

• Review quarterly and annual financial statements, including footnotes, prepared by third‑party administrators
• Coordinate and support year‑end audits and interim reviews with external auditors (Big 4 and national firms)
• Liaise with tax advisors on investor tax reporting, K‑1 preparation, and related estimates

Capital Activity & Investor Accounting

• Prepare and review investor capital calls, distributions, and capital account statements
• Maintain investor commitment records and capital account balances
• Prepare and review management fees, partner allocations, incentive fees, and waterfall calculations
• Support partner transfers, admissions, and other investor‑level changes

Investor Reporting & Due Diligence

• Assist with quarterly investor reporting, including financial data, operating metrics, and supporting schedules
• Respond to investor questionnaires and recurring due diligence requests
• Support fundraising data requests and investor transparency initiatives

Fund Operations & Expense Management

• Review and monitor fund expenses, vendor payments, and allocation methodologies
• Track and allocate investor‑borne expenses in accordance with fund documents
• Assist with cash management, forecasting, and coordination with the administrator on payment timing

Compliance, Controls & Process Improvement

• Assist with regulatory and compliance‑related filings and data requests
• Support internal controls, documentation, and process enhancements related to fund accounting and reporting
• Identify opportunities to improve efficiency, accuracy, and scalability of fund accounting processes

Ad Hoc & Strategic Projects

• Participate in special projects across finance, compliance, and operations as the platform continues to grow
• Provide analytical support to senior leadership as needed

Qualifications & Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
• CPA required
• 4–8 years of progressive fund accounting, audit, or fund administration experience, preferably within private equity, credit, or alternative investments
• Strong technical knowledge of U.S. GAAP and partnership accounting
• Advanced Microsoft Excel skills; experience working with third‑party fund administrators strongly preferred
• Highly detail‑oriented with a strong sense of ownership and accountability
• Excellent written and verbal communication skills, with the ability to interact directly with senior management, auditors, and investors
• Ability to manage multiple priorities and meet recurring reporting deadlines
• Demonstrated initiative, sound judgment, and strong process management skills
• Comfortable working independently while collaborating closely within a small, senior‑leaning team

Compensation and Benefits

VWH offers competitive compensation including base salary and a discretionary performance bonus. VWH has a compelling benefits package, including medical, dental, and vision insurance, a 401(k) plan, and generous paid time off.

VWH Capital Management, LP is an equal opportunity employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic prohibited by applicable law.