Fund Accountant

Fund Administration Associate

The FACT Division within E78 offers four different services to our clients:

• Outsourced CFO
• Outsourced Compliance
• Fund Administration
• Tax and Advisory Services

The FACT division provides employees with full exposure to the Alternative Investment Industry with client support covering the full spectrum of Investment vehicles, including Hedge, Private Equity, Private Credit and Venture Capital Funds. E78 Partners provides comprehensive solutions that span the Fund investment life cycle - from initial Operational, Accounting and Compliance set up, ongoing middle and back-office operations, CFO, Fund Administration, Compliance and Tax and Advisory services. Employees will support and be exposure to a wide range of Fund structures and strategies. Currently, E78 FACT provides services to over 400 funds and managed accounts aggregating over $60 Billion in AUM.

Position Summary

We are looking for a diligent and experienced Associate to join our expanding Fund Accounting team. The successful candidate will possess experience in basic journal entries, ad hoc reporting, and month end close assistance. The ideal candidate will have a background in Accounting within fund administration, banking, or financial services sectors. This role requires a deep understanding of accounting principles, excellent analytical skills, and the ability to work effectively within a dynamic and fast-paced team environment.

Required Qualifications

• A Bachelor's degree in accounting, business, or a related field. A master's degree or a professional certification (such as a CPA) is preferred.
• Accounting internship or 1 - 2 years of Fund Accounting & Private Equity experience required.
• Proficiency in accounting software and financial analysis tools. Advanced knowledge of Excel (Vlookup, pivot tables, & macros).
• Strong analytical skills with the ability to interpret complex financial data and identify trends or anomalies.
• Familiarity with private equity, fund accounting, and interpretation of key concepts and terms in governing legal documents (Waterfall, management fees, allocations.)
• High level of accuracy and attention to detail in all aspects of work.
• Excellent verbal and written communication skills. Ability to convey complex financial information clearly and concisely to various stakeholders and clients.
• Strong problem-solving skills with the ability to think critically and make sound decisions. Ability to handle pressure and meet tight deadlines.
• Proven ability to work effectively, independently and within a team environment, demonstrating strong interpersonal skills and a collaborative approach.
• Provide support for the clients' counterparties (Auditors and Tax Service providers).
• Ability to work at the E78 Corporate Headquarters in Oak Brook, IL office 3 days a week.
• The salary range in Illinois is $55,000 - $70,000, which includes a base salary and bonus, and will be based on experience

Preferred Qualifications

• Strong analytical, quantitative, and problem-solving skills and the ability to handle complex and large data sets.
• Proficient in financial modeling, valuation, and accounting principles and methodologies.
• Excellent communication, presentation, and interpersonal skills and the ability to work effectively with clients and team members at all levels.
• Proficient in Microsoft Office, especially Excel, PowerPoint, and Word. Experience with financial software, such as Power BI and Adaptive is a plus.
• Self-motivated, proactive, and detail-oriented and the ability to work independently and under pressure.

Core Competencies

1. Entrepreneurial focus

2. Learning agility

3. Functional/technical expertise

4. Team player

5. Written communication

6. Active listening

7. Results orientation

About E78

E78 is a leading provider of finance, accounting and technology solutions for middle-market businesses and financial sponsors. Our team delivers platinum-level advisory, talent, and managed services that address the critical finance, technology, and transformation challenges faced by corporate leaders and private equity sponsors across the middle market through the Fortune 500.

For the sixth consecutive year, E78 has made the Inc. 5000 list, at No. 734 in 2024, which includes a three-year revenue growth of 655%

We are a community of results-driven gamechangers, and our passion drives us to achieve success through meaningful work and inspires us to make a lasting impact.

E78 is headquartered in Oak Brook, IL with offices around the country. Come join our growing team!

A few reasons why 450 professionals are thriving at E78:

• Career advancement opportunities
• Flexible Paid Time Off (PTO) - Which includes traditional vacation time and sick leave
• Industry leading maternity benefits, which also includes Parental Leave
• Bonus eligibility
• For every dollar contributed E78 will match up to 4%
• Highly competitive salaries
• 10 Company Paid Holidays
• Opportunity for professional growth
• Blue chip client logos to partner with
• A culture of support and inclusion that fosters collaboration and diversity
• World-class leadership committed to your development
• Extensive career experience - E78 employees work alongside mid-late career professionals with vast skillsets and expertise in their respective fields.
• Consistent team - Working with a single point of contact ensures a dependable team that is familiar with your business needs.
• Partnership alignment with goals - E78 prioritizes understanding and aligning with your goals to ensure success.
• Access to expert resources - E78 provides access to a robust partner ecosystem within the NetSuite ecosystem for consulting and support during implementations and beyond.

E78 is proud to be an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, sex (including pregnancy, childbirth, and reproductive health choices), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as someone with a disability, political views or activity, or other applicable legally protected characteristics. We also consider qualified applicants with criminal histories, consistent with applicable federal, state, and local laws.