Fund Accountant

Fund Accountant (Private Equity / Venture Capital) - Boston - Hybrid Overview

We are seeking a detail-oriented and analytical Fund Accountant to support the accounting, valuation, and reporting activities of private equity and/or venture capital funds. This role will work closely with investment, finance, and external service providers to ensure accurate financial reporting, capital activity tracking, and investor allocations. The ideal candidate has hands-on experience with fund accounting, valuations, and complex capital structures, including waterfalls.

• Maintain the general ledger for private equity and/or venture capital funds in accordance with GAAP
• Prepare and review monthly and quarterly NAV calculations
• Support portfolio company valuations, including coordination with valuation teams and third-party specialists
• Calculate and review management fees, carried interest, and distribution waterfalls
• Track and reconcile capital calls, distributions, and investor allocations
• Prepare financial statements and supporting schedules for audits and tax filings
• Coordinate with fund administrators, auditors, and tax advisors
• Support investor reporting, including capital account statements and performance metrics
• Assist with process improvements, system implementations, and documentation of controls

• Bachelor’s degree in Accounting, Finance, or related field
• 3+ years of experience in fund accounting, preferably within private equity or venture capital
• Strong understanding of fund structures, capital accounts, and waterfall mechanics
• Experience with valuations of illiquid investments preferred
• Familiarity with GAAP and private fund reporting standards
• Strong analytical and problem-solving skills
• High attention to detail and accuracy
• Ability to manage multiple deadlines in a fast-paced environment
• Strong communication skills and ability to work cross-functionally
• Proficiency in Excel; experience with fund accounting systems is a plus