Gen II Fund Services
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Gen II Fund Services, a leading tech‑enabled Private Equity Fund Administrator, is seeking a Fund Accounting Manager to join our growing team. At Gen II, you will gain deep exposure to the full private equity fund lifecycle, including newly launched and first‑to‑market funds in sports, oil and gas, real estate, credit and more.
Primary Responsibilities
Work closely with the Director/Managing Director managing daily Fund Operations
Manage the operations and accounting of an existing fund independently
Ability to interface and manage client/business with limited guidance
Familiar with LPA and other governing documents; extract key economics, compile and document thorough summary
Able to supervise, manage, and direct a small accounting staff, if required
Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in‑depth review and sign off prior to Director/Managing Director review
Perform multiple levels of review/analysis of Financial Reports/Capital Events and Private Equity Complex Transactions (depends on client and team)
Job Requirements, Skills, Education and Experience
Bachelor’s degree in Accounting, Economics and/or Finance
7+ years of relevant Private Equity Fund/Investment Company Accounting & Reporting experience
Ability to learn on‑the‑job quickly, apply learning to clients and recommend solutions to issues
Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment
Management and supervisory experience
Excellent verbal, written and interpersonal communication
Strong attention to detail and accuracy
Superior problem solving, judgment and decision‑making skills
Ability to think independently, prioritize, multi‑task and meet
Extensive Microsoft suite skills – Excel (pivots), Word, PowerPoint, and Outlook
Preferred Experience
CPA
Sound knowledge of Investment Company Accounting (ASC 946), Economics (Waterfalls and Allocations), Fund Structure (Corporate, Partnership, Tax Blockers, etc. within an Organization Chart) / Investor Classifications
Sound knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in US GAAP (ASC 946) and IFRS – Ability to Prepare and review
Sufficient knowledge and hands on experience with governing documents, such as LPAs, Advisory Agreements, Side Letters, Separate Fee agreements, etc.
Hands on experience accounting/audit of private equity funds (including blockers, Parallel, SPV, AIV, Co‑Investment Vehicles) management companies, and other related vehicles
The salary range for this position is $90,000-$170,000 in addition to a discretionary bonus and comprehensive benefits package. Please note that the actual salary offered within that range will depend on the candidate’s experience level.
All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule, comprised of two (2) days a week in our office and three (3) days remotely.
About The Company Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $1 trillion of private capital on behalf of its clients with 14 offices across the US, Canada and Europe. Gen II offers private fund sponsors a best‑in‑class combination of people, process, and technology, enabling fund sponsors to effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co‑investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.
Key Facts
Administering over $1T in assets
Servicing nearly every significant investor in the asset class
Institutional grade infrastructure and SSAE 18 (SOC‑1, Type 2) certification, ensuring confidence in our processes and operating model
The most experienced and best performing team in the industry
#J-18808-Ljbffr
Gen II Fund Services, a leading tech‑enabled Private Equity Fund Administrator, is seeking a Fund Accounting Manager to join our growing team. At Gen II, you will gain deep exposure to the full private equity fund lifecycle, including newly launched and first‑to‑market funds in sports, oil and gas, real estate, credit and more.
Primary Responsibilities
Work closely with the Director/Managing Director managing daily Fund Operations
Manage the operations and accounting of an existing fund independently
Ability to interface and manage client/business with limited guidance
Familiar with LPA and other governing documents; extract key economics, compile and document thorough summary
Able to supervise, manage, and direct a small accounting staff, if required
Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in‑depth review and sign off prior to Director/Managing Director review
Perform multiple levels of review/analysis of Financial Reports/Capital Events and Private Equity Complex Transactions (depends on client and team)
Job Requirements, Skills, Education and Experience
Bachelor’s degree in Accounting, Economics and/or Finance
7+ years of relevant Private Equity Fund/Investment Company Accounting & Reporting experience
Ability to learn on‑the‑job quickly, apply learning to clients and recommend solutions to issues
Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment
Management and supervisory experience
Excellent verbal, written and interpersonal communication
Strong attention to detail and accuracy
Superior problem solving, judgment and decision‑making skills
Ability to think independently, prioritize, multi‑task and meet
Extensive Microsoft suite skills – Excel (pivots), Word, PowerPoint, and Outlook
Preferred Experience
CPA
Sound knowledge of Investment Company Accounting (ASC 946), Economics (Waterfalls and Allocations), Fund Structure (Corporate, Partnership, Tax Blockers, etc. within an Organization Chart) / Investor Classifications
Sound knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in US GAAP (ASC 946) and IFRS – Ability to Prepare and review
Sufficient knowledge and hands on experience with governing documents, such as LPAs, Advisory Agreements, Side Letters, Separate Fee agreements, etc.
Hands on experience accounting/audit of private equity funds (including blockers, Parallel, SPV, AIV, Co‑Investment Vehicles) management companies, and other related vehicles
The salary range for this position is $90,000-$170,000 in addition to a discretionary bonus and comprehensive benefits package. Please note that the actual salary offered within that range will depend on the candidate’s experience level.
All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule, comprised of two (2) days a week in our office and three (3) days remotely.
About The Company Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $1 trillion of private capital on behalf of its clients with 14 offices across the US, Canada and Europe. Gen II offers private fund sponsors a best‑in‑class combination of people, process, and technology, enabling fund sponsors to effectively manage their operational infrastructure, financial reporting, and investor communications. The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co‑investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.
Key Facts
Administering over $1T in assets
Servicing nearly every significant investor in the asset class
Institutional grade infrastructure and SSAE 18 (SOC‑1, Type 2) certification, ensuring confidence in our processes and operating model
The most experienced and best performing team in the industry
#J-18808-Ljbffr