Fund Accounting Director

New York City based Private Equity Fund Administration Firm is looking for a Director to manage Private Equity funds.

Primary Responsibilities Will Include:

Direct the day-to-day accounting and fund administration for multiple investment sponsors

Extensive hands-on involvement in preparing and reviewing workpapers, investments, accruals, financial statements with footnotes and investor allocations

Heavy client interaction daily

Frequent communication with clients at the executive level

Maintain a working relationship with all client contacts, auditors, lawyers, and banking personnel

Lead, direct, and coach team of Staff Accountants at several levels

Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in-depth review and sign off prior to Managing Director review

Manage special projects, when required Job Requirements, Skills, Education and Experience:

7+ years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution where the candidate has gained financial products knowledge

5+ years of supervisory experience

Bachelor's degree in Accounting, Economics and/or Finance

Advanced Mezzanine/Credit/Loan Origination investment experience preferred

Comfortable with PIK/OID calculations

Advanced experience in preparing capital calls and distributions including complicated waterfall models

Very comfortable in understanding and navigating through Partnership Agreements, legal documents, and Investment Agreements

Advanced knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in USGAAP

Strong written and verbal communication skills

Technical Knowledge and Business Acumen

Ability to learn on-the-job quickly, apply learning to clients and recommend solutions to issues

Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment

Excellent verbal, written and interpersonal communication skills

Strong attention to detail and accuracy

Superior problem solving, judgment and decision-making skills

Ability to think independently, prioritize, multi-task and meet deadlines

Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint, and Outlook

Strong leadership skills and management skills The salary range for this position is $135,000-$190,000 in addition to a discretionary bonus and comprehensive benefits package. Please note that the actual salary offered within that range will depend on the candidate's experience level.

Work Arrangement

All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule, comprised of two (2) days a week in our office and three (3) days remotely.

About The Company

Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $1 trillion of private capital on behalf of its clients with 14 offices across the US, Canada and Europe. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

Key Facts:

Administering over $1T in assets

Servicing nearly every significant investor in the asset class

Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model

The most experienced and best performing team in the industry

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.