Job Description Summary:

We are seeking a diligent Fund Accounting Analyst to join our team. This role involves overseeing the accounting, administration and reporting of Single Investor Funds (SIFs), Single Manager Funds (SMFs), and other commingled fund vehicles. The successful candidate will collaborate with internal teams and external service providers, such as fund administrators, custodians, and auditors, to ensure accurate and efficient fund operations.

The ideal candidate will demonstrate a high level of adaptability and an eagerness for continuous learning, as the landscape of fund administration and accounting is constantly evolving. We seek individuals who are not only skilled in their field but more importantly exhibit a growth mindset and the ability to adapt to the ever-changing demands of the financial services industry.

Job Description:

RESPONSIBILITIES

• Review and reconcile Net Asset Value (NAV), portfolio positions, private investment capital call and distribution activity, fund expense accruals, and cash balances.
• Review and analyze complex fund allocation methodologies and fee arrangements, including carried interest, management fees, and waterfall calculations, ensuring accuracy, compliance with fund governing documents, and proper accounting treatment.
• Identify and rectify discrepancies in NAV accounting reports provided by third-party fund administrators.
• Oversee and review the processing of client capital transactions, including capital calls, distributions, and transfers, ensuring accuracy and compliance with fund agreements.
• Prepare and validate capital call and distribution notices, coordinating with fund administrators and investor relations teams to ensure timely and accurate communication to clients.
• Review legal documents such as Limited Partnership Agreements (LPAs) and Private Placement Memorandums (PPMs) to ensure compliance and accurate fund representation.
• Coordinate and support annual financial statement audits, acting as a key liaison between auditors, fund administrators, and internal teams.
• Prepare audit schedules, reconciliations, and supporting documentation for auditors.
• Review draft financial statements for accuracy, completeness, and compliance with applicable accounting standards (e.g., US GAAP, IFRS).
• Address auditor queries and facilitate timely resolution of audit issues.
• Assist in the implementation of new accounting standards and policies as required.
• Serve as a primary point of contact for addressing inquiries related to fund accounting, NAV calculations, financial statements, and fee arrangements.
• Actively liaise between fund administrators and clients, ensuring clear communication and prompt resolution of issues.
• Exhibit strong verbal and written communication skills to effectively collaborate with legal, compliance, audit, tax, operations, and client service teams.
• Provide exceptional customer service, addressing client inquiries and concerns promptly and professionally.
• Monitor the performance of fund administrators and other vendors, ensuring adherence to service level agreements.
• Foster a culture of continuous improvement, proactively seeking opportunities to enhance processes, procedures, and overall department performance.

This role offers an excellent opportunity to contribute to a dynamic and growing team. If you are detail-oriented, proactive, and eager to make a significant impact, we encourage you to apply.

QUALIFICATIONS

• Undergraduate degree or relevant professional experience; preferably in accounting, finance, or audit.
• 3 – 7 years’ work experience in fund administration or fund accounting for private investment fund of funds, hedge and/or private equity funds.
• A team-oriented ambitious individual with strong interpersonal, organizational, communication skills and attention to detail.
• Ability to work in a rapidly growing fast-paced environment and manage multiple competing priorities within deadlines.
• Experience in fee calculations for hedge funds and private equity funds, including carried interest (carry) and waterfall structures, is highly valued.
• Excellent MS Excel and Word skills are required; expertise in Visual Basic for Applications (VBA) programming is a significant plus.
• Demonstrated interest in automation and process improvement, with the ability to identify opportunities to streamline recurring fund accounting workflows.
• Comfort working with emerging technologies, including AI-enabled tools, to improve accuracy, efficiency, and reporting quality.
• Strong data mindset, with attention to controls, and data quality.

Base salary range for this role:

Pay Range Minimum:

81200

Pay Range Maximum:

105600

In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.