An established financial services provider specializing in alternative investment fund accounting is seeking a Manager, Private Equity Fund Accounting
to join its team on an initial six-month contract, with the possibility of extension. This opportunity is ideal for an experienced fund accounting professional with private equity or private markets experience. The successful candidate will oversee fund accounting deliverables, review investment accounting and financial reporting, and ensure the accuracy and integrity of financial information for complex private equity funds.
About the Role
Reporting to senior leadership, you will oversee private equity fund accounting and financial reporting, including Net Asset Value (NAV) calculations, investment accounting, financial statements, and investor allocations. The ideal candidate will have hands-on experience accounting for private equity funds, reviewing fund financials, and ensuring accurate and timely accounting deliverables. Strong technical accounting knowledge, attention to detail, and the ability to provide guidance on complex accounting matters are essential to success in this role.What You'll Do
- Oversee and review fund accounting and financial reporting for private equity funds.
- Review periodic NAV calculations, trial balances, general ledger balances, financial statements, and investor allocations.
- Review accounting for private equity investments, including acquisitions, dispositions, portfolio company investments, and related valuation activities.
- Review investment activity, portfolio valuations, and realized and unrealized gains and losses.
- Review fund expenses, including management fees, administration fees, carried interest, and other applicable charges.
- Review accounting for capital calls, distributions, and investor allocations to ensure accuracy and consistency.
- Interpret partnership agreements, offering memorandums, subscription agreements, and other fund documentation to determine appropriate accounting treatment.
- Ensure fund accounting and financial reporting comply with applicable accounting standards and reporting requirements.
- Coordinate with clients, internal accounting teams, and external auditors to resolve technical accounting and financial reporting issues.
- Review financial statements and supporting schedules to ensure completeness, accuracy, and consistency.
- Identify and resolve complex fund accounting discrepancies and valuation-related accounting issues.
- Provide technical accounting guidance and review support to fund accounting team members.
What You'll Bring
- Strong experience in fund accounting, fund administration, or investment accounting, preferably within a private equity or alternative investments environment.
- Hands-on experience with NAV calculations, investment accounting, capital calls, distributions, investor allocations, and fund-level financial reporting.
- Knowledge of private equity fund structures, portfolio company investments, acquisitions, dispositions, valuations, and carried interest arrangements.
- Experience reviewing general ledgers, trial balances, financial statements, and supporting fund accounting schedules.
- Knowledge of US GAAP, Canadian GAAP, IFRS, or other applicable accounting frameworks.
- Previous supervisory, team leadership, or senior-level fund accounting review experience.
- Strong analytical, organizational, communication, and problem-solving skills.
- Proficiency in Microsoft Excel; experience with fund accounting platforms is an asset.
- A degree in Accounting, Finance, Economics, or a related field.
