Fund Accountant

Tract Capital adopts a unique approach to digital infrastructure investment. Leveraging experience and strategic insights honed over three decades of creating successful companies in the space, we excel in nurturing and advancing leading-edge digital infrastructure enterprises. Our team of specialized experts are united by a singular purpose: to support the growth of digital infrastructure. Tract Capital goes beyond simple investment by acting as a strategic partner and catalyst for innovation within the sector. We ensure our engagements not only generate strong financial results but also develop essential digital infrastructure to meet growing demands.

Position Overview

We are seeking a Fund Accountant that will be located at Tract Headquarters and will report directly to the Senior Accounting Manager to perform and coordinate accounting duties within the organization. The successful candidate will have a working knowledge of Generally Accepted Accounting Principles (GAAP) and experience with private equity accounting. An outstanding fund accountant should also possess strong Excel skills, be detail-oriented, and highly organized. The ideal candidate will be comfortable working in an entrepreneurial and team environment with minimal day-to-day oversight.

Responsibilities

The Fund Accountant will be a critical member of the Tract Accounting team and will be expected to bring their unique talents and experience to bear to advance Tract’s strategic objectives. The Fund Accountant’s responsibilities include preparing financial reports, fund accounting, cash management, maintaining the general ledger, assisting with audit preparation, and performing other accounting duties as assigned. This role will be responsible for specific functional responsibilities included but will not be limited to:

• Partnership accounting and fund accounting. Generate and review quarterly partnership financial statements and partner capital statements.
• Prepare timely and accurately work papers, capital call and distribution notices, calculate carried interest, allocate profits and losses in accordance with governing documents.
• Assist with the monitoring of fund performance, track cash flows, and prepare investor reports.
• Maintain and reconcile balance sheet and general ledger accounts. Perform daily banking including deposits, wires, and transfers.
• Provide support for the external audit function during the quarterly review and year-end audit.
• Perform other accounting duties and supporting junior staff as required or assigned.
  
  

Baseline Requirements

Education: Bachelor’s degree in Accounting, Finance or related field.

Experience

• Minimum 2 years of experience in a private equity fund accounting position
• Familiarity with private equity fund structures and intercompany transactions
• Intermediate MS Excel skills and proficiency with accounting systems
  
  

Required Traits, Expertise, And Skills

• Responsible, ethical, and collaborative mindset with a can-do attitude
• Experience with partnership accounting and partnership tax rules.
• Solid comprehension of GAAP and experience with accounting for private equity funds
  
  

This position will be based at the Denver headquarters. The role has a hybrid schedule, with a minimum of three (3) days a week in our office.

Expected Salary Range: $75,000 – $90,000 plus Bonus.