Fund Accounting Manager
Title: Fund Accounting Manager
Duties: Independently perform partnership accounting for complex fund structures, including Limited Partner (LP) and General Partner (GP) entities, feeder funds, parallel funds, and co-investment vehicles. Review and analyze complex accounting deliverables, including waterfall models, multi-entity allocations, and carried interest, management fees, and preferred return calculations. Oversee compliance with investor reporting requirements, including AIFMD, FATCA, CRS, SEC, and ILPA standards, ensuring accuracy and timeliness. Identify and resolve discrepancies in allocations, valuations, or capital activity; provide guidance on corrective actions and best practices. Review and approve capital call and distribution notices; ensure calculations and investor allocations are accurate. Lead preparation of quarterly and annual financial statements; liaise with auditors and service providers to resolve complex technical issues.
Qualifications – External
Education: Bachelor's Degree in Accounting, Finance, Economics, Statistics or a related field (or foreign equivalent degree)
Experience: 3 years of fund accounting experience with a fund administrator or an asset/investment management firm, performing partnership accounting; applying fair value principles to illiquid investments in portfolio companies, real estate, or debt instruments; with limited partnerships, including Limited Partner (LP) and General Partner (GP) structures; with waterfall models and multi-entity structures, including feeder funds, parallel funds, and co-investment vehicles; performing calculations/distribution principles for Carried Interest, Management Fees, and Preferred Returns; working with AIFMD, FATCA, CRS, and SEC requirements for investor reporting; identifying discrepancies in allocations, valuations, and capital activity; and with ILPA reporting standards.
Other: Position allows 100% remote employment.
Wage: $100,000 to $120,000 U.S. dollars per year
Employer: Petra Funds Group, LLC
Location: 520 Madison Avenue, 23rd Floor, New York, NY 10022
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Duties: Independently perform partnership accounting for complex fund structures, including Limited Partner (LP) and General Partner (GP) entities, feeder funds, parallel funds, and co-investment vehicles. Review and analyze complex accounting deliverables, including waterfall models, multi-entity allocations, and carried interest, management fees, and preferred return calculations. Oversee compliance with investor reporting requirements, including AIFMD, FATCA, CRS, SEC, and ILPA standards, ensuring accuracy and timeliness. Identify and resolve discrepancies in allocations, valuations, or capital activity; provide guidance on corrective actions and best practices. Review and approve capital call and distribution notices; ensure calculations and investor allocations are accurate. Lead preparation of quarterly and annual financial statements; liaise with auditors and service providers to resolve complex technical issues.
Qualifications – External
Education: Bachelor's Degree in Accounting, Finance, Economics, Statistics or a related field (or foreign equivalent degree)
Experience: 3 years of fund accounting experience with a fund administrator or an asset/investment management firm, performing partnership accounting; applying fair value principles to illiquid investments in portfolio companies, real estate, or debt instruments; with limited partnerships, including Limited Partner (LP) and General Partner (GP) structures; with waterfall models and multi-entity structures, including feeder funds, parallel funds, and co-investment vehicles; performing calculations/distribution principles for Carried Interest, Management Fees, and Preferred Returns; working with AIFMD, FATCA, CRS, and SEC requirements for investor reporting; identifying discrepancies in allocations, valuations, and capital activity; and with ILPA reporting standards.
Other: Position allows 100% remote employment.
Wage: $100,000 to $120,000 U.S. dollars per year
Employer: Petra Funds Group, LLC
Location: 520 Madison Avenue, 23rd Floor, New York, NY 10022
Apply tot his job
Apply To this Job