Job Description

The Director of Fund Accounting will oversee all fund-level accounting, financial reporting, and investor reporting functions across the firm's private equity, real estate, mutual fund, and venture capital vehicles. This role will manage a team of fund accounting professionals, serve as the primary liaison with fund administrators, auditors, and regulators, and partner directly with senior leadership and fund principals on strategic accounting and operational matters.

Key Responsibilities

• Direct all fund accounting operations across private equity, real estate, mutual fund, and venture capital fund structures
• Oversee capital call and distribution processing, investor allocations, and waterfall/carried interest calculations across fund vehicles
• Oversee preparation and review of quarterly and annual financial statements for all funds, including footnote disclosures, in accordance with GAAP and, where applicable, regulatory requirements (e.g., 1940 Act for mutual funds)
• Oversee NAV calculation and review processes for mutual funds, ensuring accuracy and timely delivery to shareholders and regulators
• Oversee management fee calculations, fund expense allocations, and carried interest/promote calculations across PE, RE, and VC structures
• Manage relationships with third-party fund administrators, transfer agents, custodians, external auditors, and tax preparers across all fund types
• Oversee investor reporting across the platform, including capital account statements, quarterly reports, and responses to institutional investor due diligence requests
• Ensure compliance with fund governing documents, partnership/LLC agreements, credit facility covenants, and applicable regulatory requirements (SEC, Form PF, 1940 Act, as applicable)
• Partner with legal and compliance teams on fund formation, closings, and structuring of new investment vehicles across asset classes
• Lead, mentor, and develop a team of fund accounting managers and staff, building organizational capability as the platform grows
• Drive process improvement and standardization initiatives across differing fund structures and asset classes
• Serve as a key point of contact for fund principals, senior leadership, and institutional investors on accounting and reporting matters
• Oversee accounting for underlying portfolio investments, including consolidation, equity method, and fair value accounting as applicable across strategies
• Monitor evolving regulatory and accounting standards (GAAP, SEC, 1940 Act) and ensure the organization's fund accounting practices remain current and compliant

Qualifications

• Bachelor's degree in Accounting or Finance required; CPA required
• 8-10+ years of progressive fund accounting experience, with direct experience across multiple asset classes, including private equity, real estate, mutual funds, and/or venture capital
• Deep understanding of partnership accounting, waterfall/carried interest calculations, and capital account maintenance for private fund structures
• Experience with mutual fund accounting, including NAV calculation, 1940 Act compliance, and regulatory reporting
• Prior people leadership experience, including managing and developing fund accounting teams
• Experience working with fund administrators, custodians, and transfer agents across differing fund structures
• Proficiency with fund accounting and NAV platforms (Investran, eFront, Yardi Investment Management, Geneva, or similar)
• Advanced Microsoft Excel skills; strong technical accounting acumen across GAAP and regulatory frameworks
• Excellent leadership, communication, and stakeholder management skills, with the ability to operate at both a strategic and hands-on level

Preferred Attributes

• Experience overseeing accounting across multiple, distinct fund strategies within a single organization
• Prior experience presenting to fund principals, investment committees, or institutional investors
• Familiarity with Form PF, 1940 Act reporting, and other regulatory filings across fund types
• Experience supporting fund audits and coordinating K-1 and 1099 preparation across differing investor structures
• Track record of building scalable fund accounting infrastructure during periods of platform growth or diversification