Fund Accounting Director
$135,000–$190,000 year
Hybrid · Boca Raton, Florida, United States
Job Summary
Direct the day-to-day accounting and fund administration for multiple investment sponsors; hands-on involvement in preparing and reviewing workpapers, investments, accruals, financial statements with footnotes and investor allocations; heavy client interaction and executive-level communications; lead and coach a team of Staff Accountants; oversee setup of Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough review prior to MD sign-off; manage special projects; requires deep expertise in fund accounting, US GAAP reporting for investment funds, and strong MS Excel and governance capabilities.
Required Qualifications
- Bachelor’s degree in Accounting, Economics and/or Finance
- 7+ years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution where the candidate has gained financial products knowledge
- 5+ years of supervisory experience
- Advanced Mezzanine/Credit/Loan Origination investment experience preferred
- Comfortable with PIK/OID calculations
- Advanced experience in preparing capital calls and distributions including complicated waterfall models
- Very comfortable in understanding and navigating through Partnership Agreements, legal documents, and Investment Agreements
- Advanced knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in USGAAP
- Strong written and verbal communication skills
- Technical Knowledge and Business Acumen
- 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
- Excellent verbal, written and interpersonal communication skills
- Strong attention to detail and accuracy
- Superior problem solving, judgment and decision-making skills
- Ability to think independently, prioritize, multi-task and meet deadlines
- Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint, and Outlook
- Strong leadership skills and management skills
Desired Qualifications
- 7+ years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution
- 5+ years of supervisory experience
- Bachelor’s degree in Accounting, Economics and/or Finance
- Advanced Mezzanine/Credit/Loan Origination investment experience preferred
- Comfortable with PIK/OID calculations
- Advanced experience in preparing capital calls and distributions including complicated waterfall models
- Very comfortable in understanding and navigating through Partnership Agreements, legal documents, and Investment Agreements
- Advanced knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in USGAAP
- Strong written and verbal communication skills
- Technical Knowledge and Business Acumen
- 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
- Excellent verbal, written and interpersonal communication skills
- Strong attention to detail and accuracy
- Superior problem solving, judgment and decision-making skills
- Ability to think independently, prioritize, multi-task and meet deadlines
- Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint, and Outlook
- Strong leadership skills and management skills
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