AVP of Private Equity Fund Accounting

Job Description

AVP of Private Equity Fund Accounting | Robert Half

The Tone:
This is a hybrid AVP of Private Equity Fund Accounting role, recruited by Robert Half. Robert Half operates as a leading global specialized talent solutions and business consulting firm, leveraging its extensive network and proprietary AI to effectively connect skilled professionals with outstanding career opportunities across diverse industries and functions. This AVP position plays a pivotal and highly impactful role, directly ensuring the integrity, accuracy, and timeliness of complex financial reporting and performance analysis specifically for private equity investments, thereby providing critical insights and support for client portfolios and strategic investment decision-making processes.

The TL;DR
• Role: Experienced Professional
• Type: Full-time
• Location: Hybrid
• Pay: $170000–$200000 yearly
• Mission: This role takes ownership of comprehensive private equity fund accounting, ensuring precise financial reporting and analytical support for client portfolios and investment strategies.

What You’ll Actually Do
• Generate comprehensive performance reporting for all client portfolios by meticulously reviewing and accurately inputting financial statements, and then prepare essential supporting materials for critical investment committee meetings.
• Ensure the utmost accuracy and timeliness of all reporting outputs through close and proactive collaboration with internal investment and operations teams, alongside engaging with external fund managers.
• Proactively track and meticulously reconcile unfunded commitments specifically associated with a range of private equity investments, maintaining robust financial data integrity.
• Perform in-depth analysis of fund returns and conduct detailed performance attribution/driver analytics, translating complex data into clear, actionable insights for stakeholders.
• Calculate monthly cash balances with precision and execute rigorous reconciliations across all designated portfolios, ensuring complete financial transparency and control.

The Must-Haves
• Background: A minimum of a Bachelor’s degree is unequivocally required, positioning you as an experienced professional within the intricate domain of finance, with a demonstrated focus on advanced fund accounting practices.
• Experience: Over 7 years of progressive professional experience is essential within a finance or accounting role, complemented by a strong and proven background in diverse fund investments, particularly within the private equity landscape.
• Skills: Demonstrated expertise in Performance Reporting, comprehensive Private Equity Fund Accounting methodologies, meticulous Financial Reconciliation, sophisticated Investment Performance Analysis, and effective Stakeholder Collaboration.
• Bonus: A Bachelor’s degree specifically in Finance or Accounting is strongly preferred, as it provides a foundational enhancement to the core competencies required for this specialized role.