Senior Associate

Role Purpose

The Senior Fund Accountant serves as a Senior Fund Accountant (SFA) in private equity fund accounting, leveraging deep product knowledge and technical expertise to ensure accurate and timely financial reporting. This role focuses on reviewing complex transactions
, mentoring junior team members, and acting as a key resource for operational queries and process improvements.

• Act as an SME for fund structures, investor economics, waterfalls, and carried interest calculations
  .
• Provide guidance on complex accounting treatments (equalizations, FX remeasurement, side letter economics).
• Support AVP/VP in interpretation of fund governing documents and application of accounting policies.

• Review journal entries, reconciliations, and financial statements prepared by analysts.
• Validate capital activity (calls, distributions, true-ups) and ensure compliance with fund terms.
• Perform variance analysis and resolve discrepancies before reporting deadlines.
• Ensure audit readiness by maintaining proper documentation and control adherence.

• Prepare and review quarterly and annual financial statements under US GAAP/IFRS.
• Assist in valuation processes and ensure accurate application of fair value principles.
• Support regulatory reporting (Form PF, Annex IV) and investor tax pack preparation.

• Identify opportunities to streamline workflows and reduce manual touchpoints.
• Collaborate on system enhancements (Investran, eFront, Allvue) and automation initiatives.

• Coach junior accountants on technical accounting concepts and system usage
  .
• Conduct training sessions on fund structures, waterfall mechanics, and reporting standards.

• Accuracy: Zero material errors in reviewed deliverables.
• Timeliness: On-time completion of reviews and reporting cycles.
• SME Impact: Resolution of complex queries and successful knowledge transfer.
• Process Efficiency: Reduction in review turnaround time and manual adjustments.

• Bachelor’s/master’s in accounting/finance; CPA/ACA preferred.
• 5+ years in private equity fund accounting or alternatives.
• Strong knowledge of US GAAP/IFRS
  , ASC 946/820, waterfall mechanics, and investor economics.
• Proficiency in PE accounting platforms (Investran, eFront, Allvue) and Excel.
• Excellent analytical and problem-solving skills.

• Technical Depth: Advanced accounting knowledge and ability to interpret complex fund terms.
• Attention to Detail: High accuracy in reviews and reconciliations.
• Communication: Ability to explain technical concepts clearly to non-technical stakeholders.
• Ownership: Takes initiative in resolving issues and improving processes.

Disclaimer:
Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.