Fund Accounting Manager

Fund Accounting ManagerA growing investment management firm is seeking an experienced fund accounting professional to join its finance team in a highly visible role supporting complex investment vehicles and fund operations. This position will partner closely with senior finance leadership and play a key role in overseeing fund accounting, administrator management, reporting, and process enhancement initiatives.The team is expanding and offers strong exposure to fund structures, investor reporting, and operational strategy within an institutional investment environment.Key ResponsibilitiesOversee and validate accounting deliverables prepared by internal staff and external service providers to ensure accuracy, consistency, and timely completion.Review investment-level allocations and ensure proper allocation treatment across various entities and fund structures.Analyze quarterly NAV reporting packages, investor capital statements, and carried interest calculations.Coordinate with external audit teams during quarterly reviews and annual audits, including preparation and support of requested documentation.Evaluate expense allocations and confirm adherence to established methodologies and governing agreements.Monitor liquidity activity, cash movements, and financing arrangements across investment vehicles.Act as the primary liaison for third-party fund administrators, managing ongoing communication, issue resolution, and workflow coordination.Partner with administrators to manage month-end, quarter-end, and year-end close cycles, including reconciliations between internal records and external books.Review investor reporting materials, capital activity notices, investment schedules, and supporting fund documentation prior to distribution.Mentor and supervise junior accounting professionals, fostering development through training, feedback, and oversight.Enhance and maintain accounting policies, operational procedures, and documentation related to fund workflows and review processes.Identify areas for operational improvement and help implement scalable processes and stronger internal controls.Support internal shadow accounting and oversight functions used to validate administrator reporting and fund activity.QualificationsBachelor’s degree in Accounting, Finance, or related discipline.CPA designation is a plus but not mandatory.Approximately 5–9 years of experience within private equity, alternative investments, asset management, or financial services accounting environments.Strong understanding of fund accounting concepts including NAV reporting, investor allocations, waterfall models, and financial statement review.Prior experience overseeing fund administrators and managing external service provider relationships.Familiarity with private investment structures such as closed-end funds, co-investment vehicles, SPVs, and blocker entities.Knowledge of management fee calculations, carried interest economics, and investor capital accounting.Experience leading or mentoring junior team members in a collaborative environment.Exposure to industry accounting platforms such as Investran, Allvue, Geneva, FundCount, or similar systems is advantageous.