Fund Accountant

Company: Michael Page
Location: New York City
Posted on: July 7, 2025

Job Description:

The Fund Accountant will be expected to play a role in supporting the day-to-day accounting, reporting, and operational function. The ideal candidate will have a solid understanding of fund structures and private equity investment strategies, as well as experience working with third-party administrators and auditors. Client Details Our client is an asset management firm. Description Prepare and reconcile monthly, quarterly, and annual NAV calculations in accordance with fund governing documents and accounting standards. Maintain detailed supporting work papers and documentation of NAV components, including valuations of investments, accruals, and expense allocations. Review third-party administrator NAVs to ensure consistency and accuracy, resolving discrepancies as needed. Prepare and maintain complex waterfall models to track carried interest, preferred returns, and capital allocations to limited partners and the general partner. Calculate and record management fees, incentive fees, and carried interest allocations in line with partnership agreements. Work closely with internal teams to model distributions and capital calls and prepare investor statements reflecting waterfall results. Profile Bachelor's degree in Accounting, Finance, or relevant fields 2-4 years of experience of fund accounting in Private Equity or Fund Administration Strong technical knowledge of NAV calculations and waterfall calculations Advanced excel skills and attention to detail Excellent analytical, organizational, and communication skills Job Offer Competitive benefits such as 401K, Medical, Dental and Vision Competitive compensation structure Opportunity to get direct exposure with senior leadership in the business MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Keywords: Michael Page, Lower Merion , Fund Accountant, Accounting, Auditing , New York City, Pennsylvania