Fund Accounting Manager

Fund Accounting Manager – Private Equity | Hybrid Denver

A leading alternative investment platform is seeking a Fund Accounting Manager to join its growing private markets accounting team. This position offers broad exposure across the private equity fund lifecycle and a variety of investment strategies, including private equity, credit, real estate, infrastructure, energy, and other alternative investments.

The Fund Accounting Manager will take ownership of day-to-day fund accounting and reporting, manage key client and stakeholder relationships, and oversee junior accounting professionals. The role requires strong technical fund accounting knowledge and hands-on experience with complex private fund structures, capital activity, allocations, and financial reporting.

• Manage the day-to-day accounting and operations for private investment funds and related entities.
• Take ownership of assigned funds with limited oversight from senior leadership.
• Oversee and review NAV calculations, general ledger activity, reconciliations, and supporting accounting schedules.
• Review capital calls, distributions, allocations, management fees, carried interest calculations, waterfalls, and IRRs.
• Prepare and review quarterly and annual financial statements in accordance with U.S. GAAP and applicable investment company accounting guidance.
• Review complex private equity transactions and ensure appropriate accounting treatment.
• Interpret LPAs, side letters, management agreements, fee agreements, and other governing documents to determine fund economics and accounting requirements.
• Support the accounting and reporting for complex fund structures, including parallel funds, blockers, SPVs, AIVs, co-investment vehicles, and management companies.
• Oversee new fund launches and the initial setup of accounting and reporting processes.
• Coordinate with auditors, tax professionals, investment teams, and other internal and external stakeholders.
• Manage, mentor, and review the work of junior accounting professionals.
• Identify opportunities to improve accounting processes, controls, reporting, and overall operational efficiency.

• Bachelor's degree in Accounting, Finance, or a related field.
• Approximately 7+ years of relevant private equity, private funds, investment management, or fund accounting experience.
• Strong understanding of investment company accounting and ASC 946.
• Hands-on experience with private fund accounting, including capital calls, distributions, allocations, waterfalls, and financial reporting.