Fund Accounting Manager (Private Equity) - 26462

Fund Accounting Manager - Boston MA - Private Equity

Our team is working with a leading PE fund located in Boston looking to hire a Fund Accounting Manager to their growing team. will oversee the day-to-day operations of fund accounting for private equity investments, ensuring accurate, timely, and comprehensive financial reporting. This role is critical in supporting Petra Funds' financial operations, focusing on the preparation of financial statements, investor reporting, and compliance with industry regulations. Candidates must be coming out of a PE fund or working within public accounting working with PE clients.

Responsibilities:

• Oversee and manage the preparation of monthly, quarterly, and annual financial statements for private equity funds in accordance with US GAAP and IFRS.
• Review capital calls, distributions, and investor allocations to ensure accuracy and compliance.
• Manage and prepare investor reports, including performance calculations, fund valuations, and detailed commentary.
• Ensure accurate valuation of portfolio assets, including investments, fund structures, and related entities.
• Lead reconciliation efforts for fund cash, investments, and general ledger to ensure accurate reporting and alignment with investor records.
• Ensure compliance with relevant accounting standards, regulations, and industry best practices.
• Maintain and update internal processes to align with regulatory requirements.
• Serve as the primary point of contact for investor inquiries regarding financial statements, fund performance, and accounting matters.
• Manage and mentor a team of fund accountants, providing guidance, training, and career development opportunities.
• Assist in the development and implementation of efficient workflows and processes to improve the accuracy and timeliness of reporting.
• Coordinate with external auditors during the annual audit process, ensuring accurate and timely completion of audits.
  
  

Qualifications:

• Bachelor's degree in Accounting, Finance, or related field (CPA or other professional certifications preferred).
• Minimum of 5-7 years of experience in fund accounting, with at least 3 years focused on private equity or alternative investment funds.
• Strong knowledge of private equity structures, financial reporting, and investment valuations.
• Proficiency in fund accounting software (e.g., Investran, eFront, or similar systems) and Microsoft Office Suite (Excel advanced level).
• In-depth understanding of US GAAP, IFRS, and industry standards for private equity accounting.
  
  

This role is a full time hybrid opportunity (3 days in 2 at home) that will offer up to $145K on a base salary, bonus, 100% benefits, & revenue share. If you are interested in this opportunity, please reach out to Vincenzo Kulturides directly at vkulturides@daleyaa.com

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