Fund Accountant
Company: Michael Page
Location: New York City
Posted on: July 7, 2025
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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, Newark , Fund Accountant, Accounting, Auditing , New York City, New Jersey
