Private Equity Fund Accountant, North America

About the Role

As a member of the Private Equity team, you will be accountable for the efficient processing of end-to-end PE funds NAV, including capital events.

Key Responsibilities

• Take care of the day-to-day operations of the funds and follow up with third parties, including investors and fund managers.
• Handle fund accounts and prepare periodic and regulatory reports for the fund entities.
• Maintain books and records and calculate fund Net Asset Values.
• Prepare financial statements and associated reports, including performance metrics.
• Calculate carried interest/performance fees.
• Prepare calculations and investor allocations for capital calls, distributions, and equalizations.
• Work closely with the Investor Relations team to respond to investor queries and disseminate capital activity and other investor notices.
• Pro-actively take on additional responsibilities and administrational tasks as required by your managers or clients.

Requirements & Tech Stack

• Technical Expertise: Strong accounting knowledge and attention to detail.
• Microsoft Applications: Proficient with Excel, Word, PowerPoint, etc.
• Fund Accounting Systems: Familiarity with Investran, Allvue tools is an added advantage.
• Fund Structures: Knowledge on PE North America fund structures is an added advantage.

Qualifications

• Bachelor's/Master's level education in a relevant area such as Finance, Accounting.
• Professional accounting qualification – CA, CMA, ACCA or similar is highly preferred.
• A basic knowledge of accounting for investment products; experience of closed-ended funds in the private equity or debt space will be considered an asset.
• Minimum of 0 – 5 years' experience in accounting for the financial services sector, particularly in Private Equity, Asset Management or Fund Administration.
• A team player who can manage individual responsibilities.
• Sound judgment, problem-solving and analytical skills.
• Strong communication skills (both written and verbal).
• Organized and flexible.
• Team spirit with the ability to work independently using your own initiative when appropriate.
• Intellectual curiosity and a problem-solving mindset.
• Ambition with a high level of energy and commitment.
• Comfortable working in a fast-paced environment.
• Ability to work under pressure and meet a range of deadlines.
• High attention to detail and accuracy, especially numerical.
• Excellent communication and stakeholder management skills.