Senior Fund Accountant

Job Description

Job Description

Position Summary :

The Senior Fund Accountant will be responsible for the accurate accounting, reporting, and administration of private equity funds. This role includes preparation of financial statements, investor reporting, and calculation of complex waterfall allocations. The position requires strong technical accounting knowledge, attention to detail, and the ability to work in a fast-paced, dynamic environment.

Key Responsibilities :

Prepare and review monthly, quarterly, and annual fund financial statements in accordance with GAAP and fund agreements.

Perform investor capital account maintenance and reconciliation.

Calculate and analyze carried interest, preferred returns, and other waterfall allocations.

Assist with investor reporting, including capital call notices, distribution notices, and performance summaries.

Support month-end and quarter-end close processes, ensuring accuracy and compliance.

Collaborate with auditors and respond to inquiries during annual audits.

Identify process improvement opportunities and assist in implementing best practices within fund accounting operations.

Qualifications :

Bachelor's degree in Accounting, Finance, or related field; CPA preferred.

3–5+ years of fund accounting experience, preferably in private equity or alternative investments.

Strong understanding of GAAP, fund structures, and private equity waterfall calculations.

Proficiency in Excel and fund accounting software (e.g., Investran, Geneva, eFront).

Excellent analytical, organizational, and communication skills.

Ability to work independently and manage multiple priorities in a fast-paced environment.