Our Finance team is seeking a Senior Fund Accountant who is excited to join a growing organization with a reputation for delivering excellence to its clients for generations. Reporting to the Head of Fund Finance, the individual will support the oversight of fund accounting across our private fund platform, including the review of administrator-prepared NAV packages, partner capital allocations and fee calculations, annual financial statement review and audit coordination. The ideal candidate is highly organized and detail-oriented, and works effectively both independently and collaboratively with the team.
Responsibilities
- Support the Head of Fund Finance in overseeing fund accounting operations for 50+ open- and closed-end private funds, spanning private equity, fund of funds, hedge fund and long-only strategies
- Review monthly and quarterly NAV packages prepared by third-party fund administrators, testing the key drivers of NAV, including investment valuations, income, expenses and accruals
- Prepare and coordinate the monthly and quarterly fund NAV review and sign-off process
- Review partners’ capital account allocations, including capital calls, distributions, transfers, and investor-level allocation of income, expenses and gains/losses
- Recalculate and validate management fees, carried interest, performance/incentive fees, high-water marks and distribution waterfalls in accordance with fund governing documents (LPA, PPM, side letters), escalating exceptions as needed
- Monitor and report on fund revenue, capital activity, commitments, expenses, payments, budgeting and forecasting
- Coordinate the year-end audit process and review annual financial statements for 50+ funds, working with external auditors to support timely completion
- Work closely with fund administrators, auditors, tax advisors and internal stakeholders, including investment, legal, compliance and investor relations teams
- Prepare internal reporting on fund revenue, NAVs, commitments and other key financial data for senior management
- Participate in new fund launches, including accounting setup, administrator onboarding and review of fund documents, working closely with project groups
- Help establish and maintain operating procedures, policies and controls across the fund platform
- Contribute to process improvement and automation initiatives, leveraging technology and AI tools to strengthen controls, increase efficiency and build scalability
- Help supervise, train and develop junior team members and the offshore review team
Qualifications
- Bachelor’s degree in Accounting; CPA strongly preferred
- 10+ years of experience in limited partnership fund accounting, fund administration or fund audit, with a focus on closed-end private equity funds
- Strong working knowledge of U.S. GAAP for investment companies
- Hands-on experience interpreting LPAs and side letters and modeling distribution waterfalls, carried interest and performance fees
- Experience supervising, mentoring or reviewing the work of junior staff
- Advanced proficiency in Microsoft Excel
- Demonstrated ability to apply artificial intelligence (AI) tools to streamline analysis, automate routine tasks and surface actionable insights that drive process efficiency
Skills
- Excellent written and verbal communication and presentation skills, with the ability to convey complex financial concepts clearly to both finance and non-finance stakeholders
- Strong time management and organizational skills, with the ability to prioritize competing demands, manage multiple deadlines and deliver consistently within a fast-paced monthly close cycle
- Sound judgment and professional skepticism when reviewing third-party deliverables
- Ability to work independently and as a collaborative team player in a cross-functional environment
- High attention to detail and a commitment to delivering high-quality work
- Analytical mindset with a proactive approach to problem solving
- Adaptability and comfort working in a fast-paced, evolving environment
Compensation Range
The anticipated base salary range for this role is $140,000 to $175,000. Base salary for the role will depend on several factors, including a candidate’s qualifications, skills, competencies, and experience, and may fall outside of the range shown. In addition, this role may be eligible for a discretionary bonus. Rockefeller Capital Management offers a comprehensive benefit package including health coverage, vacation time, paid leave, retirement plan, and more. Visit careers.rockco.com to learn more about additional opportunities and benefits offerings.
