We are seeking a highly skilled and detail-oriented Fund Accountant with CPA credentials to join our team. This role will focus on fund-level accounting, financial reporting, investor allocations, and preparation of tax-related deliverables, including Schedule K-1s. The ideal candidate will have direct experience working with private investment funds, fund administrators, or audit/tax firms supporting alternative investment structures.
Key Responsibilities
- Manage day-to-day accounting for investment funds, including journal entries, reconciliations, and accruals.
- Prepare and review quarterly and annual financial statements in accordance with GAAP.
- Handle fund allocations and capital account roll-forwards for partners/investors.
- Prepare and review investor capital statements and waterfall calculations.
- Support tax reporting by preparing and reviewing partnership tax schedules, including Schedule K-1s and related filings.
- Coordinate with external auditors and tax preparers during annual audit/tax cycles.
- Ensure accuracy and compliance with regulatory and investor reporting requirements.
- Maintain fund documentation and support ad-hoc analysis for fund managers and investors.
- Assist in process improvements, system automation, and best practices in fund accounting.
Qualifications
- Active CPA license required.
- Bachelor’s degree in Accounting, Finance, or related field.
- 3–7 years of accounting experience, with at least 2+ years in fund accounting (private equity, venture capital, hedge funds, or fund administration).
- Strong knowledge of US GAAP, partnership accounting, and tax concepts related to investment funds.
- Demonstrated experience preparing/reviewing fund financials and K-1s.
- Proficiency with accounting systems (QuickBooks, Sage, or similar) and advanced Excel skills.
- Strong organizational skills, attention to detail, and ability to manage multiple deadlines.
- Excellent communication skills for liaising with investors, auditors, and fund managers.
Preferred Experience
- Prior experience at a fund administrator, audit/tax firm, or within a private investment fund.
- Exposure to complex structures (master-feeder funds, SPVs, co-investments).
- Familiarity with waterfall and carried interest models.
Compensation & Benefits
- Competitive salary and performance-based bonus.
- Comprehensive health, dental, and vision insurance.
- 401(k) with company match.
- Professional development and continuing education support.
- Flexible work arrangements.
Top Skills
What We Do
Fund Administration Services specializing in Special Purpose Vehicles (SPVs), Private Equity, and Venture Capital Funds. Providing an end to end integrated platform from starting up to shutting down a fundraising; including investor onboarding & management, regulatory & compliance, financial & tax filings, and distributions.
