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Manager

Gen II Fund Services | New York, NY

Job Summary

Work closely with the Director / Managing Director managing daily fund operations. Bachelor’s Degree in Accounting, Economics and/or Finance. 7+ years of relevant Private Equity fund/investment company accounting and reporting experience.

Details

Gen II Fund Services, a leading tech-enabled Private Equity Fund Administrator, is seeking a Fund Accounting Manager to join our growing team. At Gen II, you will gain deep exposure to the full private equity fund lifecycle, including newly launched and first-to-market funds in sports, oil and gas, real estate, credit and more. You will lead and mentor teams supporting top-tier sponsors while driving process improvements, expanding your expertise, and contributing to the continued success of one of the industry’s most respected platforms.

Your leadership will be critical in maintaining Gen II’s standard of technical excellence, client service, and operational integrity.

Primary Responsibilities:

* Work closely with the Director/ Managing Director managing daily fund operations
* Manage the operations and accounting of an existing fund independently
* Oversee and provide guidance on the initial set up of the client’s funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in-depth review and sign off prior to Director / Managing Director review
* Perform multiple levels of review/analyses of financial reports / capital events and Private Equity complex transactions (depends on client and team)

Requirements, Skills, Education and Experience:

* Bachelor’s Degree in Accounting, Economics and/or Finance
* 7+ years of relevant Private Equity fund/investment company accounting and reporting experience
* Ability to learn on-the-job quickly, apply learning to clients and recommend solutions to issues
* Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment
* Management and supervisory experience
* Strong attention to detail and accuracy
* Superior problem solving, judgment and decision-making skills
* Ability to think independently, prioritize, multitask and meet
* Extensive Microsoft Suite skills – Excel (pivots), Word, PowerPoint, and Outlook
* Ability to interface and manage a client/ business with limited guidance
* Familiar with LPA and other governing documents
* Able to extract key economics, compile, and document a thorough summary with limited guidance
* Able to supervise, manage, and direct a small accounting staff, if required
* Excellent verbal, written and interpersonal communication

Preferred Experience:

* CPA
* Sound knowledge of Investment Company Accounting (ASC 946), Economics (Waterfalls and Allocations), Fund Structure (Corporate, Partnership, Tax Blockers, etc. within an Organization Chart) / Investor Classifications
* Sound knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in US GAAP (ASC 946) and IFRS Ability to Prepare and review
* Sufficient knowledge and hands on experience with governing documents, such as LPAs, Advisory Agreements, Side Letters, Separate Fee agreements, etc.
* Hands-on experience accounting/audit of private equity funds (including blockers, Parallel, SPV, AIV, Co- Investment Vehicles) management companies, and other related vehicles

Click here for details on this job

  • Job Reference #: MANAG002534
  • Compensation: $ 170,000
  • Min Education: BA/BS
  • Min Experience: 7 years

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