Senior Fund Accountant; Technology Investments

About Us

Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.

Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who have spent years working with asset managers is what differentiates us.

Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.

This is a hands‑on, client‑facing role on one of Petra’s private equity fund services teams—well suited for a fund accounting professional looking to deepen their expertise in the alternative investment industry and take on increased ownership and client responsibility. As a Senior Fund Accountant, you will serve as a key contributor across the full fund lifecycle, developing a strong understanding of complex fund structures, portfolio activity, and investor reporting requirements.

You’ll be responsible for preparing and reviewing capital activity, financial reporting, performance metrics, and partnership allocations while partnering directly with clients, investors, auditors, and internal stakeholders. This is a fast‑paced environment that offers meaningful exposure to private equity operations, sophisticated investment structures, and industry‑leading systems including Investran and Workday. The role provides strong visibility, opportunities for mentorship and process improvement, and a clear path for continued growth within a collaborative, high‑performing team.

• Prepare and review capital contribution and distribution calculations, management fee calculations, monthly cash reconciliations, and supporting schedules.
• Prepare and review quarterly incentive allocation models in accordance with partnership agreements and fund governing documents.
• Prepare quarterly and annual financial statements for private equity partnerships, including Statements of Assets and Liabilities, Operations, Changes in Partners’ Capital, Cash Flows, footnotes, and supplemental investor reporting packages.
• Analyze fund performance metrics and support client reporting deliverables.
• Coordinate and process investment and expense wire activity.
• Prepare quarterly portfolio company invoicing and related supporting documentation.
• Lead preparation efforts for interim and annual audits, including coordination with external auditors and management of audit support requests.
• Coordinate investor communications, including capital calls, distributions, and reporting through investor portal platforms.
• Respond to client and investor inquiries in a timely, professional manner while helping to resolve accounting and reporting‑related issues.
• Manage multiple client deliverables and deadlines simultaneously, ensuring high‑quality and timely execution.
• Participate in recurring client calls and maintain strong working relationships with key stakeholders to stay aligned on ongoing fund activity and priorities.
• Develop a strong working knowledge of key systems and processes, including Investran, Workday, CRM platforms, and internal reporting tools.
• Identify opportunities for process improvements and operational efficiencies within fund accounting workflows.
• Support and mentor junior team members as needed through training, review, and day‑to‑day collaboration.

• Bachelor’s degree in Accounting, Finance, or Business.
• 3+ years of accounting experience, preferably within private equity, alternative investments, partnership accounting, fund administration, or public accounting with financial services clients.
• Strong understanding of partnership accounting concepts, fund structures, and investor allocations.
• Ability to manage multiple priorities and deadlines in a fast‑paced, client‑service‑oriented environment.
• Advanced Excel skills with the ability to build and maintain complex spreadsheets and reconciliations.
• Strong analytical, organizational, and…