Senior Account Manager - Fund Accounting

Role Purpose

Lead the end-to-end private equity fund accounting function across multiple vintages, strategies (buyout, growth, venture, co‑invest, secondaries), and structures (LP funds, feeder funds, parallel vehicles, SPVs). Own the platform
, process
, people
, and client service pillars to deliver accurate, timely financial reporting, investor servicing, and regulatory compliance ve as a critical liaison with Front Office, Investor Relations, Tax, Compliance, and external administrators/auditors.

1) Process (Operating Model, Reporting, Compliance)

• Financial Close & Reporting: Own monthly/quarterly close for funds and feeder vehicles; deliver financial statements (US GAAP/IFRS), partner capital accounts, and investor‑level reporting with high accuracy and speed.

• Capital Activity Operations: Oversee end‑to‑end workflows for capital calls, distributions, true‑ups, equalizations, and side letter economics—ensuring precision and timely investor communications.

• Valuations & Waterfalls: Coordinate fair value measurements (ASC 820/IFRS 13) and run waterfall allocations (deal‑by‑deal/fund‑as‑a‑whole) including carried interest, preferred return, and catch‑ups.

• Regulatory & Tax: Ensure compliance with AIFMD, Form PF, Annex IV, FATCA/CRS, and local filings. Partner with Tax for K‑1/Investor tax packs and jurisdictional complexities.

• Policies & SOPs: Author, maintain, and enforce global accounting policies, playbooks, RACI matrices, and escalation protocols. Drive QA/QC reviews and exception management.

• Continuous Improvement: Lead Lean/Six Sigma initiatives; reduce close‑to‑report cycle time, lower error rates, and eliminate manual reconciliations through automation and standardization.

2) Client Service (LP/GP Experience, Stakeholder Management)

• Investor Excellence: Serve as senior point of contact for LPs, addressing complex inquiries and bespoke reporting. Maintain SLAs for response times and accuracy.

• Stakeholder Partnership: Collaborate with Deal Teams, Portfolio Monitoring, IR, Legal/Compliance, and External Auditors/Administrators to ensure seamless information flow and timely deliverables.

• Onboarding & Transitions: Lead onboarding for new funds/investors, side letters, and transitions from/to administrators. Ensure change governance, cutover plans, and risk controls.

• Communications: Produce clear, executive‑ready materials—dashboards, variance analyses, waterfall summaries, and board/regulatory packs. Anticipate issues and proactively manage expectations.

3) Platform (Technology, Data, Controls)

• Systems Ownership: Drive roadmap, selection, and optimization of the fund accounting tech stack (e.g., GL, waterfall, capital activity modules, data warehouse, BI/visualization tools). Champion automation for capital calls/distributions, waterfalls, and management fee/carried interest calculations.

• Data Architecture & Governance: Establish standardized data models and golden sources for portfolio, capital activity, and investor records. Implement robust reference/master data management and reconciliation frameworks.

• Controls & Security: Implement SOX‑style internal controls, segregation of duties, audit trails, and role‑based access. Ensure cyber‑resilience and data privacy compliance (GDPR, CCPA as applicable).

• Scalability & Reliability: Build repeatable, resilient operating models that support new fund launches, multi‑currency books, and complex structures (blockers/aggregators). Target straight‑through processing (STP) and best‑in‑class cycle times.

4) People (Leadership, Capability, Culture)

• Team Leadership: Manage and mentor fund controllers and teams across locations/time zones. Build succession plans and career paths; cultivate a high‑performance culture.

• Workforce Planning: Align capacity with demand (fund launches, transactions, audit cycles). Optimize onshore/offshore mix and leverage managed services/administrators where strategic.

• Skills & Training: Implement structured learning paths (PE accounting standards, waterfalls, systems), certification support (CPA/ACA/CFA), and cross‑training programs.

• Culture & Engagement: Promote accountability, continuous learning, and psychological safety.…