Note: The job is a remote job and is open to candidates in USA. Petra Funds Group provides fund administration and infrastructure services for private equity and debt funds. The Senior Controller will lead fund accounting operations for private equity clients, owning client relationships, overseeing complex partnership accounting and reporting, directing audit activities, and developing teams and service delivery processes.
Responsibilities
- Own end-to-end client relationships as the senior point of accountability, from proposal and engagement implementation through ongoing administration, ensuring service delivery aligns with client expectations and Petra's standards
- Direct staffing strategy and oversee the training and development of engagement teams, ensuring the right talent and skill sets are in place to meet client needs
- Design, implement, and continuously refine procedures and controls that govern internal and external deliverables, driving consistency and client satisfaction across engagements
- Lead the design and implementation of partnership allocation models based on complex partnership agreements across a diverse client base
- Serve as a subject matter expert on key systems, including Investran Live and DX, guiding best practices in their application
- Direct the preparation and review of investor communications, including capital call and distribution notices and capital balance statements, ensuring accuracy and clarity across all client relationships
- Oversee the review and approval of investment transactions recorded in the Investran Live general ledger system
- Provide final review and sign-off on management fee calculations, invoices, and journal entries
- Oversee daily and monthly cash reconciliation processes across partnerships and related portfolio companies, ensuring integrity of cash positions
- Provide senior-level review and final approval of fund financial statements (Statements of Assets and Liabilities/Partners' Capital, Operations, Partners' Capital, and Cash Flow) and management reporting, including IRR performance summaries and investment transaction reports
- Partner directly with the Director/Senior Director to set direction on strategic projects and client inquiries, providing senior oversight and final review of staff-prepared materials, including general ledger entries, quarterly work papers, audit confirmations, and LP requests
- Provide final review and validation of private equity benchmark returns, including gross/net MOIC and IRR, TVPI, RVPI, and DPI
- Lead audit readiness and oversight for interim and annual audits across client fund partnerships, serving as the primary relationship owner with external auditors
Skills
- At least 10 years of progressive work experience in accounting or audit
- 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
- Undergraduate degree required
- Private equity, fund administration, or public accounting experience
- MBA a plus
- CPA preferred but not required
Benefits
- 90% covered medical, dental, and vision insurance premiums
- Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan. Funded amount is prorated for new hires.
- 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting
- Flexible paid time off
- Generous holiday calendar
- Hybrid work environment that offers flexibility and supports work-life balance
- Certified Great Place to Work®, based on direct feedback from our employees about trust and overall culture
- Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™, highlighting our commitment to building an environment where people thrive.
Company Overview
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