VP, Fund Accounting

a leading global asset management firm with a significant presence across alternative and traditional investment strategies. The firm's private equity platform invests across a broad range of strategies and geographies and manages complex investment structures on behalf of institutional and other sophisticated investors worldwide.

The organization is seeking an experienced accounting leader to join its global finance organization as Vice President, Fund Accounting. This individual will play a critical role in overseeing the accounting and financial reporting activities for the firm's private equity investment platform while partnering closely with investment professionals, finance leadership, fund administrators, auditors, tax advisors, and other stakeholders across the organization.

This is an excellent opportunity for a highly motivated professional to join a sophisticated global investment platform and serve as a key accounting subject matter expert across a diverse portfolio of private equity strategies.

Position Overview

The Vice President, Fund Accounting will have responsibility for overseeing fund accounting and financial reporting activities across a portfolio of private equity funds, investment vehicles, and related entities.

The role will provide leadership and oversight across the full fund accounting lifecycle, including fund launches, investment activity, capital calls, distributions, valuations, carried interest, financial statement preparation, audits, and investor reporting.

The successful candidate will have strong technical accounting expertise, deep experience with private equity fund structures, and the ability to manage complex processes across multiple jurisdictions and global teams.

Key Responsibilities

• Lead and oversee the fund accounting and financial reporting processes for a portfolio of private equity funds and related investment vehicles.
• Provide accounting oversight across multiple private equity strategies, including buyout, growth equity, secondary investments, co-investments, and other alternative investment strategies.
• Review and oversee quarterly and annual financial statements prepared in accordance with U.S. GAAP and applicable partnership agreements.
• Manage and review complex fund accounting activities, including:
• Capital calls and investor contributions
• Distributions and return of capital
• Management fees and expenses
• Investment purchases and dispositions
• Partnership allocations
• Carried interest and incentive allocations
• Preferred returns and waterfall calculations
• Foreign currency and multi-jurisdictional activity
• Oversee the accounting and reporting for complex fund structures, including master-feeder structures, parallel funds, co-investment vehicles, alternative investment vehicles, SPVs, and joint ventures.
• Review investment valuations and valuation-related accounting in coordination with investment teams, valuation professionals, and internal finance partners.
• Manage relationships with external fund administrators and other third-party service providers, ensuring accuracy, timeliness, and adherence to internal standards.
• Serve as a key point of contact for external auditors and oversee the annual audit process, including planning, technical accounting matters, audit deliverables, and issue resolution.
• Partner with internal tax teams and external tax advisors to support tax reporting, Schedule K-1 processes, and the alignment of financial and tax information.
• Provide technical accounting guidance on complex transactions, new investments, restructurings, fund launches, and other strategic initiatives.
• Partner with investment professionals, legal, tax, operations, investor relations, and other internal teams on fund-level accounting and reporting matters.
• Support the development, implementation, and enhancement of accounting policies, procedures, internal controls, and operating processes.
• Identify opportunities to improve scalability, automation, data quality, and efficiency across the fund accounting platform.
• Support technology initiatives, systems implementations, and enhancements to fund accounting and reporting infrastructure.
• Prepare and review financial analyses and management reporting for senior finance leadership.
• Lead, mentor, and develop junior members of the fund accounting and finance team.
• Participate in global projects and cross-functional initiatives impacting the firm's private equity platform.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA strongly preferred.
• 10+ years of relevant experience in fund accounting, financial reporting, public accounting, or investment management.
• Significant experience with private equity funds, alternative investments, or complex partnership structures.
• Experience working within a global asset manager, private equity firm, fund administrator, or Big Four accounting firm.
• Strong understanding of U.S. GAAP, partnership accounting, and investment company accounting.
• Deep knowledge of private equity fund structures and…