Fund Accounting Manager

Company Description

Our client is a Los Angeles-based private equity firm focused on strategically investing in middle-market companies with strong growth potential.

The Fund Accounting Manager will be responsible for financial accounting and reporting for multiple private equity funds, including capital calls, distributions, and partnership accounting. This role requires strong technical skills, attention to detail, and experience with complex fund structures and waterfall calculations
.

• Maintain accurate fund-level accounting records for multiple private equity funds, ensuring compliance with GAAP and partnership agreements.
• Prepare capital call and distribution notices, including waterfall calculations
  , ensuring accuracy and timeliness.
• Assist with preparation of monthly, quarterly, and annual fund financial statements and supporting schedules.
• Reconcile fund accounts, including cash, investments, and accrued expenses.
• Support audit and tax preparation processes, providing schedules and explanations as requested.
• Collaborate with portfolio company accounting teams to gather financial information and ensure accurate reporting.
• Monitor and update investor capital accounts and ensure proper allocation of income, expenses, and distributions.

• Bachelor’s degree in Accounting, Finance, or related field
• 3-7+ years of private equity, fund accounting, or alternative investment accounting experience.
• Strong knowledge of partnership accounting and experience with waterfall calculations
  .
• Must be able to work onsite in the West LA office

Onsite role based in their West Los Angeles office (4 days/week).