Fund Accounting Manager

Job-ID:

Location: New York, NY, United States; Chicago, IL, United States; Charlotte, NC, United States; Dallas, TX, United States; Houston, TX, United States; Philadelphia, PA, United States

Schedule: Full time

Posted:

As an integral member of the Finance Transformation, Fund Accounting Team, the Finance Transformation Manager will be responsible for overseeing the Fund’s NAV production and fund financial reporting, maintenance of the internal control environment, the internal and external audit process, as well as the treasury function. Fund structures could include but not limited to hedge funds, private equity funds, private debt funds, and real estate funds. You will collaborate with Fund Accountants and cross function experienced professionals.

Your day-to-day may include:

• Responsible for the month-end and quarterly NAV, including the pricing, financial reporting, and accounting of the Fund
• Coordinate and lead the Fund audit process working directly with external auditors to meet necessary reporting deadlines
• Manage and account for partnership transactions, including completing waterfall and carried interest calculations
• Manage and account for purchase and sales transactions through their life cycles
• Ensure that the Fund and its investments are treated for in accordance with US GAAP and other local GAAP as required
• Analytically review monthly/quarterly investment and fund performance data to measure historical performance to forecast future fund performance
• Produce cash flow, total rate of return and profitability analysis to support portfolio managers
• Prepare and monitor covenants and report to management on overall debt position
• Track tax strategies and ensure appropriate application within the fund and its investments
• Maintain an excellent and collaborative relationship with internal and external partners
• Lead the identification and implementation of process and system enhancements
• Seek to introduce automation and standardization to create a strong control environment
• Manage, develop, train, coach and mentor staff on projects and assess performance for engagement and year-end reviews
• Meet or exceed targeted billing hours (utilization)
• Other duties as assigned

You have the following technical skills or qualifications:

• Bachelor’s degree in Accounting
• Minimum 5 years of experience collaborating with other Fund Accountants and cross function experienced professionals
• CPA required
• Thorough knowledge of investment fund software such as Investran, Geneva, OneSource, DFIN Arc Reporting, etc.
• Thorough experience with complex investment and fund structures (master funds, blocker and standalone entities, feeder funds, liquidated funds, and newly commenced funds)
• Experience working with Fund Portfolio Managers and Controllers
• Experience assisting client service and marketing teams in client due diligence meetings, including presenting, and answering client questions
• Ability to work additional hours and/or travel as needed

The base salary range for this position is between $147,200 and $196,880. Placement within the pay range is at Grant Thornton’s discretion, and it is based on multiple factors, including but not limited to, job -related knowledge/skills, experience, business needs, progression within the role, geographic location, and internal equity. At Grant Thornton, compensation decisions are dependent upon the facts and circumstances of each position and candidate.

About the organization

The team you’re about to join is ready to help you thrive. Here’s how:

• Whether it's your work location, weekly schedule, or flex time off, we empower you with the options to work the way that it best serves your clients and your life. Consistent with the firm's hybrid work model, this position will require in-person attendance at least three days per week, either at a GT office or client site.

• Here, you are supported to prioritize your overall well-being through work-life integration options that work best for you and those in your household.

• We understand that your needs, responsibilities and experiences are different — and we think that’s a good thing. That’s why we support you with personalized and comprehensive benefits that recognize and empower all the identities, roles and aspirations that make you, well, you. See how at

• When it comes to inclusion, we are committed to doing more than checking boxes. Explore all the ways we’re taking action for diversity, equity & inclusion at

Here’s what you can expect next:

If you apply and are selected to interview, a Grant Thornton team member will reach out to you to schedule a time to connect. We encourage you to also check out other roles that may be a good fit for you or get to know us a little bit better at .

Benefits:

We understand that your needs, responsibilities and experiences are different, and we think that’s a good thing. That’s why we support you with personalized and comprehensive benefits that recognize and empower all the identities, roles and aspirations that make you, well, you. For an overview of our benefit offerings, please visit:

• Benefits for internship positions: Grant Thornton interns are eligible to participate in the firm’s medical, dental and vision insurance programs and the firm’s employee assistance program. Interns also receive a minimum of 72 hours of paid sick leave, and are paid for firm holidays that fall within their internship period.

• Benefits for seasonal employee positions: Grant Thornton seasonal employees are eligible to participate in the firm’s medical, dental and vision insurance programs and the firm’s employee assistance program. Seasonal employees may also be eligible to participate in the firm’s 401(k) savings plan and employee retirement plan in accordance with applicable plan terms and eligibility requirements. Seasonal employees receive a minimum of 72 hours of paid sick leave.

Grant Thornton employees may be eligible for a discretionary, annual bonus based on individual and firm performance, subject to the terms, conditions and eligibility criteria of the applicable bonus plan or program. Interns and seasonal employees are not eligible for bonus compensation.

Additional Details:

It is the policy of Grant Thornton to promote equal employment opportunities. All personnel decisions (including, but not limited to, recruiting, hiring, training, working conditions, promotion, transfer, compensation, benefits, evaluations, and termination) are made without regard to race, color, religion, national origin, sex, age, marital or civil union status, pregnancy or pregnancy-related condition, sexual orientation, gender identity or expression, citizenship status, veteran status, disability, handicap, genetic predisposition or any other characteristic protected by applicable federal, state, or local law.

Consistent with the Americans with Disabilities Act (ADA) and applicable state and local laws, it is the policy of Grant Thornton LLP to provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. The policy regarding requests for reasonable accommodation applies to all aspects of employment, including the application process. To make an accommodation request, please contact .

For Los Angeles Applicants only: We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

For Massachusetts Applicants only: It is unlawful in Massachusetts to require or administer a lie detector test as condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Gran Thornton does not require or administer lie detector tests as a condition of employments or continued employment.

About the company

At Grant Thornton, we believe in making business more personal and building trust into every result – for our clients and you. Here, we go beyond your expectations of a career in professional services by offering a career path with more: more opportunity, more flexibility, and more support. It’s what makes us different, and we think being different makes us better.
In the U.S., Grant Thornton delivers professional services through two specialized entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services ― and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services.
In 2025, Grant Thornton formed a multinational, multidisciplinary platform with Grant Thornton Ireland. The platform offers a premier Trans-Atlantic advisory and tax practice, as well as independent American and Irish audit practices. With $2.7 billion in revenues and more than 50 offices spanning the U.S., Ireland and other territories, the platform delivers a singular client experience that includes enhanced solutions and capabilities, backed by powerful technologies and a roster of 12,000 quality-driven professionals enjoying exceptional career-growth opportunities and a distinctive cross-border culture.
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