[Hiring] Fund Accounting Manager @Petra Funds Group

Role Description

Independently perform partnership accounting for complex fund structures, including Limited Partner (LP) and General Partner (GP) entities, feeder funds, parallel funds, and co-investment vehicles.

• Review and analyze complex accounting deliverables, including waterfall models, multi-entity allocations, and carried interest, management fees, and preferred return calculations.
• Oversee compliance with investor reporting requirements, including AIFMD, FATCA, CRS, SEC, and ILPA standards, ensuring accuracy and timeliness.
• Identify and resolve discrepancies in allocations, valuations, or capital activity; provide guidance on corrective actions and best practices.
• Review and approve capital call and distribution notices; ensure calculations and investor allocations are accurate.
• Lead preparation of quarterly and annual financial statements; liaise with auditors and service providers to resolve complex technical issues.

Qualifications

• Bachelor's Degree in Accounting, Finance, Economics, Statistics or a related field (or foreign equivalent degree)
• 3 years of fund accounting experience with a fund administrator or an asset/investment management firm, performing partnership accounting
• Applying fair value principles to illiquid investments in portfolio companies, real estate, or debt instruments
• Experience with limited partnerships, including Limited Partner (LP) and General Partner (GP) structures
• Experience with waterfall models and multi-entity structures, including feeder funds, parallel funds, and co-investment vehicles
• Performing calculations/distribution principles for Carried Interest, Management Fees, and Preferred Returns
• Working with AIFMD, FATCA, CRS, and SEC requirements for investor reporting
• Identifying discrepancies in allocations, valuations, and capital activity
• Familiarity with ILPA reporting standards

Requirements

• Position allows 100% remote employment

Benefits

• Wage: $100,000 to $120,000 U.S. dollars per year