Job Overview – Private Equity Fund Accountant:
Compensation: $100,000 – $125,000/year + bonus
Location: Boston, MA
Schedule: Monday to Friday (Hybrid)
Atlantic Group is representing an opportunity for a Private Equity Fund Accountant in Boston, MA (Hybrid) to support fund operations, investment reporting, and financial analysis. In this role, you’ll manage cash activity, post journal entries, and assist with fund performance reporting, working closely with fund administrators and internal teams. Ideal candidates have experience in fund accounting, waterfall calculations, and proficiency in Excel, Allvue, and Salesforce.
Responsibilities as the Private Equity Fund Accountant:
- Fund Cash Management: Oversee capital calls, expense tracking, and investment funding across assigned funds.
- Accounting & Reporting: Maintain accounting systems, post journal entries, and support quarterly and annual financial reporting.
- Partner Allocations: Assist with capital account statements, carried interest, and management fee calculations.
- Waterfall Analysis: Prepare and review fund distribution waterfalls and investor disbursements.
- Data & Compliance: Ensure investment data accuracy and interpret partnership agreements for financial compliance.
Qualifications for the Private Equity Fund Accountant:
- Education: Bachelor’s degree in Accounting or Finance required (MBA preferred).
- Certification: CPA preferred.
- Experience: 2-4 years of experience in public accounting or fund accounting within private equity, venture capital, or investment firms.
- Technical Proficiency: Advanced Excel skills with experience in G Suite, databases, and Microsoft Office, and familiarity with Allvue, Salesforce, and Aumni preferred.
- Skills & Attributes: Detail-oriented with strong time management, communication, and collaboration skills, and a passion for private equity and improving operational efficiency.
Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.