VP of Fund Accounting

Location: Midtown NYC, 4x/week in office

Compensation: 180k to 200k with bonus

Our client, a 70B top-tier asset manager with a high growth platform, is seeking VP of Fund Accounting to join their team.

Key Responsibilities

• Lead the overall fund accounting and financial reporting function for multiple investment funds and related entities.
• Oversee the review and approval of NAV calculations, financial statements, investor reporting, and capital activity.
• Ensure accurate and timely accounting for investment transactions, valuations, management fees, performance fees, allocations, and expenses.
• Direct the month-end, quarter-end, and year-end close processes.
• Oversee relationships with fund administrators, custodians, auditors, tax advisors, and other third-party service providers.
• Lead annual audits and coordinate the preparation of audited financial statements and supporting documentation.
• Monitor compliance with fund governing documents, accounting standards, regulatory requirements, and internal control frameworks.
• Partner with investment, operations, legal, compliance, treasury, and investor relations teams on fund-related matters.
• Provide leadership on fund launches, restructurings, acquisitions, portfolio events, and other strategic initiatives.
• Evaluate and enhance accounting policies, controls, operational processes, and reporting procedures.
• Prepare and present financial and operational updates to senior leadership and key stakeholders.
• Drive automation, scalability, and operational efficiency initiatives across the accounting platform.
• Identify and mitigate accounting, operational, and reporting risks.

Leadership & Management Responsibilities

• Lead, mentor, and develop managers, supervisors, and accounting professionals.
• Establish performance goals and oversee talent development initiatives.
• Foster a culture of accountability, collaboration, and continuous improvement.
• Support departmental budgeting, resource planning, and organizational growth.
• Serve as a senior escalation point for complex accounting and operational matters.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related discipline.
• 10+ years of progressive fund accounting, fund administration, asset management, or public accounting experience.
• Significant experience overseeing accounting and reporting for investment funds.
• Strong understanding of alternative investments, including private equity, private credit, hedge funds, real estate, or multi-asset strategies.

50808