Fund Accountant (Associate, Controller, Director)

Reposted 13 Days Ago
New York City, NY, USA
In-Office
Entry level
Artificial Intelligence • Fintech • Software • Financial Services
We're rebuilding fund administration from the ground up - AI-native, Series A, and administering $15B+ in a $100T market
The Role
The role involves supporting a lean team of fund accountants by utilizing AI workflows for automating tasks and ensuring efficient customer service with complex fund accounting needs.
Summary Generated by Built In
About Hanover Park

We're building the AI-native ERP that will define private markets infrastructure. This isn't an AI wrapper slapped onto legacy software - we built a proprietary general ledger accounting system from the ground up, designed specifically for complex investment firms. As the system of record, we've earned the trust to bundle fund administration with tools that were previously fragmented: investor portals, AI-powered portfolio management, KPI collection, and more.

With AI, context is king. And Hanover Park has all the context on our customers.

In under a year, we've scaled to over $15 billion in assets under administration, serving investment firms and LPs that include top-5 banks and major endowments. We're backed by Emergence Capital (first investor in Salesforce and Zoom), Susa Ventures (first investor in Robinhood and Flexport), and Lux Capital.

Stripe for payments. Ramp for expenses. Hanover Park for investments.

About the role

You'll be a fund accountant who operates with the leverage of a team ten times your size - because AI is handling the grunt work. At Hanover Park, you won't spend your career buried in spreadsheets doing work that a model can do better and faster. You'll work on engagement teams, serve as the primary point of contact for sophisticated clients, and help shape how fund accounting gets done for the next decade.

Client capacity at Hanover Park is directly gated by this team. This hire matters.

What you'll work on
  • Be a member of the engagement team for 5-10 clients and serve as the primary point of contact for those clients

  • Manage core fund accounting workflows: Maintaining books and records, capital calls and distributions, allocations and waterfalls, and capital account statements

  • Deliver financial reporting that meet client SLAs

  • Communicate directly with fund CFOs, COOs, and GPs — responsiveness and clarity are non-negotiable

  • Integrate into AI-assisted workflows and actively use automation to reduce time on manual tasks

  • Surface process improvement opportunities to the engineering team

  • Interface regularly with Chris and leadership, especially in early-stage client relationships

What we're looking for

Must-haves

  • Fund accounting experience in alternative investments

  • Fluency in core concepts: Fund structures, LPA terms, accounting and industry standards

  • Technical skills including, but not limited to AI/Claude

  • Strong client-facing communication skills - you're talking directly to CFOs and COOs

Nice-to-haves

  • Venture capital, private equity, private credit expertise

  • CPA or CPA candidate

  • Big 4 public accounting background

  • Genuine curiosity about AI and how it can transform fund administration workflows

This is not the role for you if:

  • You're purely execution-oriented with no interest in how AI can improve your work

  • You see services as lower-status than software — we disagree, and so should you

  • Responsiveness and clear communication aren't strengths

Why join now

You'll have direct exposure to some of the most innovative investment firms in the country, and you'll help define how modern fund accounting actually works. The AI infrastructure we've built means your capacity isn't limited by manual process — it's limited by judgment, and that's exactly where we want you spending your time.

We're building from scratch — there's no legacy playbook. The pace is fast and client expectations are high. If that's the environment where you do your best work, we should talk.

Equal opportunity employment

Hanover Park is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, genetic information, or any other characteristic protected under applicable federal, state, or local law.

We are committed to building a team that reflects a diversity of backgrounds, perspectives, and skills. All qualified applicants will receive consideration for employment without regard to any protected characteristic.

If you require a reasonable accommodation during the application or interview process, please contact us at [email protected].

Hanover Park is headquartered in the Gramercy Area in New York City. This role is on-site 5 days per week.

Skills Required

  • Experience in fund accounting
  • Bachelor’s degree in Accounting or Finance
  • Familiarity with AI tools and automation

Hanover Park Compensation & Benefits Highlights

  • Career-Linked Recognition & Rewards Messaging emphasizes urgency, ownership, and performance-driven structures typical of startups, indicating rewards may be closely tied to impact. Specific mechanisms or bands are not posted.

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The Company
HQ: New York, New York
42 Employees
Year Founded: 2024

What We Do

Hanover Park is the first AI-native fund administration company - built from the ground up to modernize an industry that manages over $100 trillion in assets and has been underserved by technology for decades. Fund administration is the operational backbone of private markets. It's how funds track capital, calculate returns, manage investor reporting, handle distributions, and stay compliant. For years, this work has been done on legacy systems, manual spreadsheets, and outdated software that wasn't built for the complexity or scale of modern private markets. The result: slow turnaround times, high error rates, and ballooning headcount just to keep up. Hanover Park changes that. We built our platform with AI at the core - not as a feature bolted on after the fact, but as the foundation everything runs on. That means faster processing, fewer errors, and a fundamentally better experience for the funds and investors we serve. We currently administer $15B+ in assets and are scaling rapidly. Our team sits at the intersection of finance and technology - fund accountants, engineers, and operators who understand both the complexity of private markets and what it takes to build world-class software. We move fast, hold a high bar, and care deeply about getting it right. We're Series A, backed by Emergence Capital, Lux Capital, and Susa Ventures - investors who back category-defining companies at the earliest stages. Emergence's thesis is vertical AI, and they've seen this movie before: they were early in Veeva when it was a small team with a big idea about what software could do for a single industry. Veeva became a $40B company. We think fund administration is the next industry ripe for that kind of transformation. The people joining Hanover Park now aren't walking into a finished product. They're walking into the moment when everything gets built — the platform, the team, the culture, the category. If you want to do the most important work of your career in a market that actually matters, this is where you do it.

Why Work With Us

Hanover Park is the first AI-native fund administrator — built from scratch, not retrofitted onto legacy workflows. We're modernizing a $100T+ market that's been underserved by tech for decades. $15B+ AUM, Series A backed by Emergence, Lux & Susa. Join at the ground floor of a category-defining company

Hanover Park Offices

OnSite Workspace

Typical time on-site: None
HQNew York, New York

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