Fund Accounting Manager

Job description

Job responsibilities

• Fund Operations and Cash Management: Execute end-to-end capital calls and distributions (including calculations, notices, and data verification.
• Month-End close: Reconcile bank accounts, prepare FoF monthly/quarterly closing entries, and other journal entries as needed.
• Portfolio and Investment Accounting : Reconcile portfolio company financial data against internal/external cap tables, valuation records, and the general ledger.
• Systems & Data Integrity: Maintain fund accounting software and related systems to ensure the completeness, accuracy, and consistency of fund and portfolio data across internal systems.
• Financial Modeling: Build, maintain, and audit complex American and European waterfall models used for fund distributions, carried interest calculations, and hurdle rates.
• Tax: Manage data rooms, coordinate with external tax preparers and prepare the necessary documentation. Review tax returns for completeness and reasonableness and respond to inquiries of the tax preparer and other…
• Reporting: Prepare reporting files for the Limited Partners and parent company entities.
• Investor Relations: Prepare responses to inquiries from Limited Partners as needed, including drafting technical responses to complex questions regarding fund statements, contributions, distributions and tax…

Job requirements

• Experience: 7+ years of professional accounting experience, ideally with 4 years or more of direct experience in fund accounting at a VC firm, private equity manager, or alternative investment firm.
• Technical Proficiency: Advanced expertise in Google Workspace and Excel is required, including the ability to build, debug, and audit complex financial models.
• Education: Bachelor’s degree in finance, accounting, or a related field. A CPA is highly desirable.
• Operational Precision: Proven track record of executing complex administrative and financial workflows with a high degree of comfort and competence in managing the granular details of fund operations.
• Communication Skills: Ability to explain complex tax, financial, and legal concepts effectively to diverse stakeholders.
• Professional Presence: High degree of integrity and discretion, with the ability to manage multiple priorities effectively within a fast-paced investment environment.