Summary/ObjectiveSTP is seeking a senior technical subject matter expert who can independently lead complex closed-end private equity & real estate fund relationships. The successful candidate must be able to interpret governing documents, translate bespoke economics into controlled operating processes, review sophisticated calculations, resolve technical accounting and allocation matters, and serve as the escalation point for clients, operations, implementation, audit and technology teams.
Essential Functions- Own the technical accounting and administration model for complex closed-end private equity & real estate, including master-feeder, parallel, blocker, co-investment and SPVs.
- Lead review of quarterly and annual closes, NAV packages, capital activity, investor allocations, management fees, carried interest, financial statements and partner capital reporting.
- Interpret limited partnership agreements, side letters, subscription documents and fee letters; convert provisions into documented calculation logic, operational controls and review procedures.
- Validate complex distribution waterfalls and carried-interest models, including whole-fund/European and deal-by-deal/American structures, preferred returns, catch-ups, hurdles, escrows, clawbacks, recycling and recallable distributions.
- Act as final technical escalation point for allocation, valuation, consolidation, foreign currency, debt, fee, equalization, partner-capital and financial-reporting issues.
- Lead complex new-fund implementations and conversions by designing books-and-records architecture, chart of accounts, entity mapping, data migration, historical roll-forward, waterfall requirements and control ownership.
- Partner directly with controllers, CFOs, general partners, auditors, tax advisors, legal counsel, valuation specialists, lenders and technology providers.
- Coach reviewers and fund-accounting teams; establish technically rigorous workpapers, review standards, exception thresholds and evidence of control performance.
Work EnvironmentEmployees may reside anywhere in the United States. Employees who reside within a 35-mile radius of the West Chester corporate office are expected to work from that office every Tuesday. Employees outside this radius may work remotely.
TravelNo travel is required
Required Education and Experience- Bachelor's degree in accounting, finance or a closely related discipline; CPA or equivalent professional accounting qualification strongly preferred.
- 8+ years of progressive fund accounting experience focused on closed-end private equity and real estate or similarly complex alternative-investment structures.
- At least 3 years operating as a product SME or implementation lead
- Experience managing a global hybrid team
- Demonstrated ownership of funds with bespoke waterfalls, multiple vehicles, investor-specific economics, leverage, foreign currency and complex valuation or consolidation considerations.
- Experience leading audits and responding directly to sophisticated client, auditor and legal-document questions.
- Excellent written and verbal communication; able to explain complicated economics and accounting conclusions clearly to both technical and non-technical audiences.
Work AuthorizationMust be able to work in the United States without immigration support.
STP employees enjoy the following benefits • Competitive compensation plus a performance bonus
• Unlimited PTO
• 10 Paid Holidays
• Strong 401k Matching program
• Competitive health benefits (Medical, Vision, Dental, Life, and Disability Insurance)
• Volunteer Time Off (VTO). We pay you to do good in your community!
• Strong growth and advancement opportunities
• Highly subsidized Medical/Dental/Vision/Disability Insurance benefits
• Employee Assistance Program
Salary Description
$100,000 - $150,000
