Fund Accounting Director

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New York City-based Private Equity Fund Administration Firm is seeking a Director to manage Private Equity funds.

• Direct daily accounting and fund administration for multiple investment sponsors.
• Prepare and review work papers, investments, accruals, financial statements with footnotes, and investor allocations.
• Engage in frequent client interactions, including communication with clients at the executive level.
• Maintain relationships with all client contacts, auditors, lawyers, and banking personnel.
• Lead, direct, and coach a team of Staff Accountants at various levels.
• Oversee and guide the setup of client fund deliverables (capital calls, distributions, financial statements, waterfalls, IRRs), with thorough review and sign-off prior to MD review.
• Manage special projects as required.

• 7+ years of fund accounting experience in Private Equity Funds, Fund Administrators, or similar financial institutions.
• 5+ years of supervisory experience.
• Bachelor’s degree in Accounting, Economics, or Finance.
• Preferred:
  Advanced Mezzanine/Credit/Loan Origination investment experience.
• Proficiency with PIK/OID calculations.
• Experience in preparing capital calls and distributions, including complex waterfall models.
• Understanding of Partnership Agreements, legal and investment documents.
• Advanced knowledge of USGAAP reporting for investment funds and investors.
• Strong communication skills, both written and verbal.
• Technical knowledge and business acumen.
• Ability to learn quickly, apply knowledge to client situations, and recommend solutions.
• Adaptability to process changes in a dynamic environment.
• Proficiency in Microsoft Excel (pivots), Word, PowerPoint, and Outlook.
• Strong leadership and management skills.

The salary range for this position is $135,000-$190,000, plus discretionary bonus and benefits. The actual salary depends on experience.

Applicants must be authorized to work in the US. The role requires a hybrid schedule: two days in-office, three days remote.

Gen II Fund Services is a leading independent private equity fund administrator, managing over $1 trillion in assets across 14 offices globally. They provide operational, financial, and investor communication services with a highly experienced team.