Fund Accountant

Job Description

Fund Accountant | Gen II Fund Services

The Tone:
This is a full-time hybrid role at Gen II Fund Services, requiring three days a week in the office and two days remotely for US employees. Gen II Fund Services is a leading global independent private equity fund administrator, managing over $1 trillion in private capital across 14 offices in the US, Canada, and Europe. The company offers private fund sponsors a strong combination of people, process, and technology to manage operational infrastructure, financial reporting, and investor communications. This role is essential for providing comprehensive accounting services, ensuring the accurate preparation and processing of transactions, financial statements, and supporting documentation for private capital funds.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid
• Pay: $60000–$70000 yearly
• Mission: This person will manage accounting services, including preparing transactions, financial statements, and supporting documentation for private equity funds.

What You’ll Actually Do
• Cash Management: Accurately process all cash transactions and perform regular bank reconciliations to ensure financial accuracy.
• General Ledger Oversight: Record all necessary journal entries and meticulously maintain the integrity of the general ledger system.
• Financial Reporting Support: Prepare and organize supporting workpapers and checklists, which are critical for the financial reporting process.
• Statement Preparation: Develop comprehensive financial statements, including the preparation of all required footnotes.
• Investor & Client Relations: Prepare detailed partner capital account information, process investor capital calls and distributions, and act as a liaison with the client’s independent auditors.

The Must-Haves
• Background: A Bachelor’s degree is a fundamental requirement for this role, providing a solid academic foundation.
• Experience: Candidates should possess foundational knowledge in accounting principles, making this an ideal position for an early-career professional looking to apply their education in a practical setting. The actual salary offered will depend on the candidate’s experience level.
• Skills: Core skills include proficiency in general ledger maintenance, accurate financial statement preparation, precise journal entry recording, and thorough bank reconciliation.
• Bonus: A Bachelor’s degree specifically in accounting is highly preferred, indicating a focused educational background relevant to the complexities of fund accounting.