Description
The Fund Accounting Manager will manage a variety of financial and accounting responsibilities as well as special projects related to private equity funds, open-ended “hedge” funds, and separately managed accounts. Specific responsibilities will include NAV calculation / reconciliation, preparing and analyzing Fund financial statements, investor reporting and investor interface, cash flow / liquidity forecasts, securitization reporting, and other special projects.
In addition to core fund accounting responsibilities, this role will play a key part in enhancing operational efficiency through process improvements and automation. The Fund Accounting Manager will lead initiatives to streamline recurring workflows, improve reporting accuracy, and transition certain processes to more scalable, technology-enabled solutions. This individual will work closely with fund accounting, corporate accounting, investors, external auditors, and tax service providers in a highly collaborative environment.
Key Responsibilities
The Fund Accounting Manager is primarily responsible for monthly, quarterly, and annual reporting to the limited partners of the funds and separately managed accounts (“SMAs”). The day-to-day responsibilities include, but are not limited to :
Collaborate with outsourced accounting team and fund administrator to :
Skills, Knowledge and Expertise
Key Competencies
Leadership : Ability to guide junior staff and lead cross-functional projects.
How This Role Demonstrates Our Values
Integrity : Ensures financial accuracy and compliance with fund documents, regulations, and audit requirements.
Collaboration : Works closely with cross-functional teams, investors, auditors, and administrators to achieve shared goals.
Excellence : Delivers high-quality reporting, timely responses to investors, and continuous improvements in processes.
Critical Curiosity : Seeks and implements automation and technology-enabled solutions to enhance efficiency and scalability.
Benefits
Invictus Capital Partners, LP (“Invictus”), a leading investment firm, and its subsidiary Verus Residential Loanco, LLC (“Verus,” and together with Invictus, the “Companies”), manage and oversee investments in Non-Agency single family residential mortgage loans. Invictus is located in Washington, D.C. and has approximately 50 employees, and Verus is located in Minneapolis and has approximately 200 employees. The Companies have overseen the acquisition of over $38 billion of mortgage loans since their inception. In addition, Invictus manages over $19 billion in gross assets and has completed over 70 rated securitizations. Interested candidates can learn more about the Companies by visiting www.invictuscp.com and www.verusmc.com.
Fund Accounting Manager • Washington, DC, US