Fund Administration Manager – Private Equity Funds

Job Description

Fund Accounting – Controller (PE) | Petra Funds Group

The Tone:
This is a full-time role at Petra Funds Group, located in Hybrid United States. Petra Funds Group provides essential fund administration and infrastructure services to private equity and debt funds, enabling fund managers to concentrate on their core business functions. This Controller position is vital for managing key client relationships, ensuring operational accuracy and timeliness, and upholding the company’s commitment to trust, experience, and precision in financial administration. The role contributes directly to client satisfaction and the reputation for expert service delivery.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: Hybrid United States
• Pay: $122000–$183000 yearly
• Team: Reports to Director/Senior Director, provides direction to staff
• Mission: Act as the lead contact for client relationships, ensuring accurate and timely administration and financial reporting.
• Tech Stack: Investran Live, DX, Microsoft Excel

What You’ll Actually Do
• Client Management: Act as lead contact for client relationships from initial proposal through engagement implementation and ongoing administration.
• Operational Oversight: Develop and maintain procedures required to meet internal and external deliverables and ensure client satisfaction.
• Financial Review: Review fund financial statements, including Statements of Assets and Liabilities/Partners’ Capital, Operations, Partners’ Capital, and Cash Flow, along with other management reporting.
• Investor Communication: Coordinate and review investor communications such as capital call and distribution notices, as well as capital balances statements for various clients.
• Audit Coordination: Review materials for interim and annual audits of fund partnerships for various clients and establish a working relationship with auditors.

The Must-Haves
• Background: Undergraduate degree in accounting or a related field required; MBA a plus.
• Experience: 7-10 years of progressive work experience in accounting or audit, with a preference for private equity, fund administration, or public accounting experience; knowledge of Investran Live.
• Skills: Ability to build and maintain advanced spreadsheets using Microsoft Excel; excellent analytical, planning, and organizational skills; strong interpersonal and communication skills.
• Bonus: CPA preferred.