Note: The job is a remote job and is open to candidates in USA. The client is a growing investment services organization supporting sophisticated alternative investment clients. The Fund Accounting Supervisor will oversee daily accounting activities for hedge fund and private equity investments, review NAV calculations and financial reporting, serve as a key client contact, and supervise and develop fund accounting analysts.
Responsibilities
- Maintain accurate accounting records for hedge fund and private equity investments
- Perform and review NAV calculations, reconciliations, pricing, and financial reporting
- Prepare and review accounting packages and ensure timely, accurate client deliverables
- Support year-end audits and ensure fund records align with applicable GAAP standards
- Assist with due diligence and compliance-related requirements
- Serve as a primary contact for investment managers regarding reconciliations, reporting, deliverables, and escalated issues
- Train, supervise, and develop fund accounting analysts on systems, procedures, and day-to-day responsibilities
- Review analyst work to ensure accuracy and identify potential issues before client delivery
- Support performance reviews, one-on-one meetings, career development, and team training
- Participate in interviewing and staffing efforts as needed
- Partner with management to foster a collaborative, high-performing team environment
- Identify opportunities to improve processes, controls, and overall client service
Skills
- Bachelor's degree in Accounting, Finance, Business, Economics, Mathematics, or a related field - or equivalent professional experience
- 2+ years of experience within fund accounting or fund services
- Intermediate Microsoft Excel skills
- Strong understanding of reconciliations, NAV calculations, financial reporting, and fund accounting processes
- Strong organizational and communication skills
- A high level of attention to detail
- The ability to manage multiple deadlines without sacrificing quality
- They should be comfortable working directly with clients and service providers, mentoring junior team members, and adapting as client needs evolve
- A proactive, collaborative mindset and an interest in continuing to grow within the financial services and alternative investment space
- Experience with alternative investments, including hedge funds and/or private equity, is strongly preferred
Benefits
- Discretionary bonus
- Hybrid work schedule for candidates within a reasonable commuting distance of the Oaks, PA office, with Tuesday, Wednesday, and Thursday in office and Monday and Friday remote
- Fully remote work for candidates who do not live near the Oaks office
- Medical, dental, vision, and prescription coverage
- Wellness resources
- Employee Assistance Program (EAP)
- FSA options
- Life and disability insurance with premiums paid for base coverage
- 401(k) match
- Education assistance
- Commuter benefits
- Up to 11 paid holidays per year
- 21 days of PTO annually for new hires, prorated based on start date and increasing over time
- Paid parental leave
- Back-up childcare
- Paid volunteer days
- Discounted stock purchase plan
- Investment options
- Professional development resources
- Access to employee networks
- Supplemental coverage, including accident insurance, critical illness insurance, and hospital indemnity
- 401(k) retirement savings
- Legal support
- Pet insurance
- Employee discounts with preferred vendors
Company Overview