[Hiring] Director, Private Fund Administration & Accounting @T. Rowe Price

Role Description

We are seeking a detail-oriented and collaborative Accounting Director/Controller with leadership experience to join our dynamic alternative investment franchise as we expand our product offerings. This role will report directly to the Fund CFO, enabling focus on strategic priorities, product development, and capital planning (including capital calls and distributions) while ensuring operational excellence in fund administration and accounting for private funds.

• Oversee critical accounting functions, including the preparation and oversight of NAV calculations and financial statements, audits, and management of expense allocation policies.
• Partner with external vendors such as fund administrators and other internal fund administration and accounting (FA&A) professionals to ensure accuracy and efficiency as the product offerings expand.
• Collaborate closely with tax professionals/vendors to address complex tax reporting needs and ensure compliance with regulatory requirements.
• Partner cross-functionally with investor relations teams to ensure client needs related to financial data are met, including in investor communications and performance reporting.
• Engage in responding to Due Diligence Questionnaire (DDQ) requests as required to communicate firm capabilities and processes to potential and existing investors and stakeholders.

Ideal candidates will thrive in a fast-paced environment, balancing hands-on accounting rigor with strategic problem-solving. Strong communication skills and collaboration are essential to bridge technical accounting concepts with non-finance stakeholders and evolve our operating model.

Qualifications

• Required: Bachelor's degree or the equivalent combination of education and relevant experience AND 10+ years of total relevant work experience.
• Preferred: 14+ years of accounting/finance experience, with focus on alternative investments.
• Expertise in fund accounting, NAV calculations, and partnership capital account structures.
• Experience with financial reporting for complex vehicles (e.g., feeder funds, multi-tiered structures, SPVs).
• Familiarity with carried interest calculations, management fee waterfalls, and investor allocations.
• Exposure to regulatory compliance (SEC, AIFMD, FATCA, etc.) and tax considerations (e.g., pass-through entities).
• Understanding of fund lifecycle processes (capital calls, distributions, liquidity events).
• Ability to manage audits (fund-level and entity-level) and liaise with auditors.
• Experience with capital account statements and investor reporting (IRR, MOIC, performance metrics).

Requirements

• FINRA licenses are not required and will not be supported for this role.
• This role is eligible for full-time remote work.

Benefits

• Competitive compensation.
• Annual bonus eligibility.
• A generous retirement plan.
• Hybrid work schedule.
• Health and wellness benefits, including online therapy.
• Paid time off for vacation, illness, medical appointments, and volunteering days.
• Family care resources, including fertility and adoption benefits.