Fund Accounting Managing Director
Fund Accounting Managing Director
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Job Description
Gen II Fund Services a leading tech-enabled Private Equity Fund Administrator is seeking a Fund Accounting Managing Director to join our growing team. At Gen II you will gain deep exposure to the full private equity fund lifecycle including newly launched and first-to-market funds in sports oil and gas real estate credit and more. You will lead and mentor teams supporting top-tier sponsors while driving process improvements expanding your expertise and contributing to the continued success of one of the industrys most respected platforms.
Your leadership will be critical in maintaining Gen IIs standard of technical excellence client service and operational integrity.
Primary Responsibilities Will Include:
- Lead direct train and coach team of Directors and/or Associate Directors
- Client Relationship Management
- Oversee multiple sponsors
- Review work product to ensure quality of client deliverables
- Manage your team to improve efficiency and ensure timeliness of all client deliverables
- Read Limited Partnership Agreements and summarize sections relevant to accounting comment/ summarize items that need to be addressed with client or clients legal team
- Maintain working relationship with all client contacts auditors lawyers and banking personnel
- Participate in prospect (new business) meetings
- Mentor train and develop team members to support internal team growth
- Participate in firm-wide trainings
- Ensure that billing is done in accordance with service agreements and out of scope projects are identified and properly billed
Job Requirements Skills Education and Experience:
- 12 years of fund accounting experience in either a Private Equity Fund Private Equity Fund Administrator or other financial institution where the candidate has gained PE financial products knowledge
- 7 years of supervisory client management and project management experience
- Bachelors degree in Accounting Finance or Economics
- Hands-on experience in preparing subsequent closings waterfalls setting up deferred and current tax calculations setting up consolidations and setting up financial statements with footnotes
- 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 US GAAP and IFRS
- Ability to learn on-the-job quickly apply learning to clients and recommend solutions to issues
- Ability to quickly adapt tochanges 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 judgement 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 $180000-$250000 in addition to a discretionary bonus and comprehensive benefits package. Please note that the actual salary offered within that range will depend on the candidates 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 three (3) days a week in our office and two (2) 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 offices in New York San Francisco Boston Stamford Dallas Denver Vancouver London Southampton Dublin Jersey and Luxembourg. 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.
Director
Employment Type
Full-Time
