As a Fund Accounting Manager, you will be responsible for overseeing the Fund’s NAV production and fund financial reporting, maintenance of the internal control environment, the internal and external audit process, as well as the treasury function. Fund structures could include but not limited to hedge funds, private equity funds, private debt funds, and real estate funds. You will collaborate with Fund Accountants and cross function experienced professionals.
Your day-to-day may include:
Responsible for the month-end and quarterly NAV, including the pricing, financial reporting, and accounting of the Fund
Coordinate and lead the Fund audit process working directly with external auditors to meet necessary reporting deadlines
Manage and account for partnership transactions, including completing waterfall and carried interest calculations
Manage and account for purchase and sales transactions through their life cycles
Ensure that the Fund and its investments are treated for in accordance with US GAAP and other local GAAP as required
Analytically review monthly/quarterly investment and fund performance data to measure historical performance to forecast future fund performance
Produce cash flow, total rate of return and profitability analysis to support portfolio managers
Prepare and monitor covenants and report to management on overall debt position
Track tax strategies and ensure appropriate application within the fund and its investments
Maintain an excellent and collaborative relationship with internal and external partners
Lead the identification and implementation of process and system enhancements
Seek to introduce automation and standardization to create a strong control environment
Manage, develop, train, coach and mentor staff on projects and assess performance for engagement and year-end reviews
Meet or exceed targeted billing hours (utilization)
Other duties as assigned
CA/CPA/Bachelor’s degree in Accounting required
Minimum 5 years of experience collaborating with other Fund Accountants and cross function experienced professionals required
Thorough knowledge of investment fund software such as Investran, Geneva, OneSource, DFIN Arc Reporting, etc.
Thorough experience with complex investment and fund structures (master funds, blocker and standalone entities, feeder funds, liquidated funds, and newly commenced funds)
Experience working with Fund Portfolio Managers and Controllers
