Fund Administration Accounting Senior Associate

Summary

Fund Services Group (FSG) provides operational, finance, compliance, and human resource solutions across the life cycle of private funds and management companies. The Fund Administration Accounting Senior Associate will manage private fund accounting activities, including reconciliations, investment monitoring, fee calculations, financial reporting, and coordination with audit and tax partners.

Responsibilities

• Recording accounting entries based on both cash and accrual activity, ensuring accuracy and compliance
• Monitoring investment activity and performance, including preparing roll-forwards
• Reconciling cash activity and investigating and resolving discrepancies
• Preparing and critically assessing management fee calculations, allocation schedules, and carried interest models
• Compiling financial statements, annual reports, partner notices, and tax schedules
• Coordinating and liaising with internal team members and third parties, including audit and tax partners, serving as a reviewer of their deliverables
• Supporting the onboarding and training of new team members, providing guidance and oversight to maintain standards of excellence

Skills

• Experience (3–7 years) in private equity, hedge fund, and/or private fund accounting
• Developed understanding of GAAP and foundational knowledge of private fund specific tax concepts
• Knowledge of key concepts such as fee calculations, capital activities, and operational best practices
• Be a team player with an enthusiastic work ethic
• Learn all we teach you quickly, comprehensively, and enthusiastically
• Be exceptional in your organizational and written communication skills
• Have an exacting attention to detail
• Be exemplary in prioritization and multi-tasking in a fast-paced environment
• Be proficient in Microsoft Office Suite
• Experience with fund administration software a plus but not a requirement

Qualifications

Must Haves

• Experience (3–7 years) in private equity, hedge fund, and/or private fund accounting
• Developed understanding of GAAP and foundational knowledge of private fund specific tax concepts
• Knowledge of key concepts such as fee calculations, capital activities, and operational best practices
• Be a team player with an enthusiastic work ethic
• Learn all we teach you quickly, comprehensively, and enthusiastically
• Be exceptional in your organizational and written communication skills
• Have an exacting attention to detail
• Be exemplary in prioritization and multi-tasking in a fast-paced environment
• Be proficient in Microsoft Office Suite

Nice to Haves

• Experience with fund administration software a plus but not a requirement

Benefits

• Comprehensive benefits
• Quarterly bonus that offers unlimited potential growth - 1/3rd of our profits (no matter how much) are shared with our team in bonuses each quarter
• We are primarily a remote work company