Assistant Vice President - Private Equity Fund Accounting & Operations
Location Designation: Hybrid - 1 day per quarter
About Apogem Capital
Apogem is a leading private markets solutions provider with decades of experience focused on the middle market. With approximately $44 billion in assets under management as of December 31, 2025, Apogem partners with institutional investors to deliver disciplined underwriting, strategic capital deployment and long-term value creation.
Apogem Capital operates within the New York Life Investment Management platform of companies, supported by the financial strength and long-term stability of a Fortune 100 mutual organization.
Position Summary
The Assistant Vice President is responsible for overseeing the accounting, reporting, and operational activities for a portfolio of private equity funds. This role serves as the primary reviewer of fund accounting deliverables while managing day-to-day relationships with fund administrators, auditors, and internal business partners.
What You'll Do:
• Oversee fund's operating activities (investor level and portfolio level)
• Perform cash and credit facility management relating to funds
• Daily review of all financial transactions entered in Investran on a US GAAP basis for private equity fund structures and related entities
• Review of detailed data relating to investments, investors, and legal entities as required for internal and external reporting
• Review fund administrator deliverables, including financial statements, capital account statements, capital call notices, distribution notices, management fees, and NAV packages
• Approve waterfalls and carried interest calculations
• Coordinate with fund administrators to ensure timely issuance of quarterly/annual financial statements and capital account statements for each entity
• Collaborate with external auditors to ensure annual audits are completed timely and efficiently
• Confirm legal entity, investor, and investment onboarding and set-up in Investran and fund administrator systems
• Approve performance metrics for both investments and investors
• Ensure internal controls and established accounting policies are consistently followed
• Ability to manage multiple funds and deadlines simultaneously
• Function within various operational and system workflows (Unqork, Investran)
• Address any regulatory, investor, and management reporting requests
• Interact with various groups within the organization (investor relations, legal, tax, marketing, and investment teams) to obtain and provide timely information
• Manage and train small teams of junior resources (if applicable)
• Capable of interpreting partnership agreements and applying terms to fund operations
• Participation in special projects to enhance accounting, operations, and reporting processes
What You'll Bring:
• CPA strongly preferred
• Bachelor's degree in Accounting with a minimum of 5-7 years of relevant work experience preferred
• Experience working with a fund administrator and auditors
• Strong knowledge of private equity structures and US GAAP accounting requirements
• Proficient using Investran and Microsoft Office applications
• Strong desire and ability to leverage technology
• Strong quantitative and qualitative analytical skills
• Strong leadership, communication, and mentorship skills
• Strong work ethic and high level of attention to detail
• Ability to meet challenging deadlines while maintaining quality and accuracy
Pay Transparency
Salary range:
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. In addition to base salary, employees may also be eligible to participate in an incentive program.
Our Benefits
We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life's leadership in this space.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
All Candidates Please Click Here
Job Requisition ID: 94756
#BI-Hybrid
Skills Required
- Bachelor’s degree in Accounting
- 5–7 years of relevant work experience
- Experience working with fund administrators and auditors
- Strong knowledge of private equity structures and US GAAP accounting requirements
- Proficiency with Investran and Microsoft Office applications
- Strong quantitative and qualitative analytical skills
- Leadership, communication, and mentorship skills
- CPA certification
What the Team is Saying
What We Do
At New York Life, our 180-year legacy of integrity, mutuality, and financial strength fuels a future defined by bold transformation. As the largest mutual life insurance company in the U.S., we operate on behalf of our policy owners—not shareholders. That structure allows us to take a long-term view, investing in people, purpose, and innovation that endures. Guided by a clear enterprise vision to become a technology-, data-, and AI-powered company, we’re modernizing our platforms, rearchitecting experiences, and embedding intelligence across our products and services. Our mission has always been about helping people through life’s most meaningful moments. Today, technology is amplifying that mission—enabling us to serve clients, advisors, and communities in more personalized, proactive ways. With a diversified business portfolio spanning insurance, investments, retirement, group benefits, and direct-to-consumer offerings, New York Life delivers the stability of a Fortune 100 company with the agility of one that’s continuously evolving. We’re powered by a values-led culture, inclusive teams, and a shared belief that when our people thrive, so does our company. Here, tradition fuels momentum—and your ideas, energy, and growth power what’s next.
Why Work With Us
New York Life is transforming from the inside out—blending 180 years of trust with the velocity of innovation. What makes us different is our culture: grounded in integrity, humanity, and shared success—values that show up in how we work, lead, and grow. If you want a place where innovation has purpose—build what's next with us.
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Hybrid Workspace
Employees engage in a combination of remote and on-site work.
