Fund Accounting Manager

Join Gen II Fund Services, a leading tech-enabled Private Equity Fund Administrator, as a Fund Accounting Manager in Dallas, TX. This exciting role offers the opportunity to manage daily fund operations, oversee fund accounting, and mentor a talented accounting staff. You will be instrumental in ensuring technical excellence and delivering superior client service within our growing team.

Responsibilities include working closely with Directors/Managing Directors on daily Fund Operations, independently managing fund operations and accounting, and interfacing with clients and businesses with minimal guidance. You will be responsible for understanding and extracting key economics from governing documents (LPAs, etc.), compiling thorough summaries, and supervising, managing, and directing accounting staff as needed. A core part of the role involves overseeing and guiding the setup of client fund deliverables, including capital calls, distributions, financial statements, waterfalls, and IRRs, with in-depth review and sign-off responsibilities. You will also perform multi-level reviews and analyses of financial reports, capital events, and complex private equity transactions.

We require a Bachelor's degree in Accounting, Economics, or Finance, with 7+ years of relevant Private Equity Fund/Investment Company Accounting & Reporting experience. Essential skills include the ability to learn quickly, apply knowledge to clients, recommend solutions, adapt to changing processes, and possess strong management and supervisory experience. Excellent verbal, written, and interpersonal communication, meticulous attention to detail, superior problem-solving skills, and the ability to think independently, prioritize, and multitask are crucial. Extensive Microsoft Suite skills, particularly Excel (pivots), Word, PowerPoint, and Outlook, are mandatory.

Preferred qualifications include a CPA, sound knowledge of Investment Company Accounting (ASC 946), economics (waterfalls, allocations), fund structures (Corporate, Partnership, Tax Blockers), and investor classifications. Familiarity with various reporting types for investment funds and investors under US GAAP (ASC 946) and IFRS is advantageous. Hands-on experience with governing documents like LPAs and Advisory Agreements, and accounting/auditing of private equity funds (including blockers, parallel funds, SPVs, AIVs, co-investment vehicles, and management companies) is highly desirable.