Fund Accounting - Manager (PE)

Summary

Petra Funds Group is a provider for fund administration and infrastructure needs for private equity and debt funds. The Fund Accounting Manager will oversee quarterly and year-end close activities, prepare financial statements, and manage fund capital calls and distributions while ensuring compliance with legal agreements.

Responsibilities

• Quarterly and year-end close activities for assigned Funds. Includes work paper preparation, including financial statements, capital account statements, and account reconciliations
• Ability to read, understand, and interpret Limited Partnership Agreements, Operating Agreements, and other related legal documents associated with Funds
• Knowledge of partnerships, fund structures, waterfalls, preferred return/carried interest, and capital transactions
• Knowledge of Fund performance metrics such as IRR, TVPI, DPI, RVPI, and MOIC
• Prepare Fund capital calls and distributions, including investor calculations and notices
• Prepare Fund management fee calculations and subsequent close calculations for Funds not yet closed
• Provide auditors with necessary supporting documentation in connection with the year-end audit
• Provide tax teams with necessary supporting documentation for tax returns, K-1s, and other related tax documents for assigned Funds
• Ability to address ad hoc reporting requests from multiple sources
• Address investor questions as they arise
• Other reasonably related duties as assigned

Skills

• At least seven years of progressive work experience in accounting or audit, with a preference for private equity, fund administration, or public accounting experience
• Ability to work in a dynamic, fast-paced environment
• Ability to multi-task and meet deadlines
• Detail-oriented with the ability to complete tasks promptly
• Willingness to take on additional ad-hoc tasks and projects
• Ability to build and maintain advanced spreadsheets using Microsoft Excel
• Knowledge of Investran Live
• Excellent analytical, planning and organizational skills
• Strong interpersonal, communication and organizational skills with a team approach
• Unquestionable integrity and ethics
• Team player that is enthusiastic about joining a growing team
• Undergraduate degree required
• MBA a plus
• CPA preferred but not required

Qualifications

Must Haves

• At least seven years of progressive work experience in accounting or audit, with a preference for private equity, fund administration, or public accounting experience
• Ability to work in a dynamic, fast-paced environment
• Ability to multi-task and meet deadlines
• Detail-oriented with the ability to complete tasks promptly
• Willingness to take on additional ad-hoc tasks and projects
• Ability to build and maintain advanced spreadsheets using Microsoft Excel
• Knowledge of Investran Live
• Excellent analytical, planning and organizational skills
• Strong interpersonal, communication and organizational skills with a team approach
• Unquestionable integrity and ethics
• Team player that is enthusiastic about joining a growing team
• Undergraduate degree required

Nice to Haves

• MBA a plus
• CPA preferred but not required

Benefits

• 90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.
• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan.
• 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.
• Flexible paid time off to recharge, travel, or take care of what matters most.
• Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.
• Hybrid work environment that offers flexibility and supports work-life balance.