Gen II Fund Services
Gen II Fund Services, a leading tech‑enabled Private Equity Fund Administrator, is seeking a Fund Accounting Supervisor to join our growing team. 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
Oversee the operations and accounting of an existing fund independently
Interface with and manage client businesses with limited guidance
Extract key economics and compile a thorough Summary from governing documents such as LPAs
Supervise a small staff of accountants, if necessary
Guide the initial setup of client fund deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in‑depth review and sign‑off prior to director review
Perform multiple levels of review and analysis of financial reports, capital events and private‑equity complex transactions (depending on client and team)
Job Requirements, Skills, Education and Experience
Bachelor’s degree in Accounting, Economics and/or Finance
4+ 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
Adapt quickly to changes in processes and procedures in a rapidly changing environment
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 deadlines
Extensive Microsoft Office skills – Excel (pivots), Word, PowerPoint, Outlook
Preferred Experience
CPA designation
Sound knowledge of Investment Company Accounting (ASC 946), economics (waterfalls and allocations), and fund structure
Knowledge of reporting for investment funds under US GAAP (ASC 946) and IFRS
Experience with governing documents such as LPAs, advisory agreements, side letters and fee agreements
Hands‑on experience accounting/auditing of private equity funds (including blockers, parallel funds, SPVs, AIVs, co‑investment vehicles) and related entities
Salary Range:
$90,000–$130,000 in addition to a discretionary bonus and comprehensive benefits package. The actual salary offered within that range will depend on the candidate’s experience level.
Work Arrangement All applicants must be legally authorized to work in the United States. U.S. employees are required to work a hybrid schedule: two days a week in the office and three days remotely.
About The Company Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, overseeing over $1 trillion of private capital on behalf of its clients with 14 offices across the US, Canada and Europe. We combine people, process and technology to enable fund sponsors to manage operational infrastructure, financial reporting and investor communications.
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
Most experienced and best‑performing team in the industry
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Primary Responsibilities
Work closely with the Director/Managing Director managing daily Fund Operations
Oversee the operations and accounting of an existing fund independently
Interface with and manage client businesses with limited guidance
Extract key economics and compile a thorough Summary from governing documents such as LPAs
Supervise a small staff of accountants, if necessary
Guide the initial setup of client fund deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in‑depth review and sign‑off prior to director review
Perform multiple levels of review and analysis of financial reports, capital events and private‑equity complex transactions (depending on client and team)
Job Requirements, Skills, Education and Experience
Bachelor’s degree in Accounting, Economics and/or Finance
4+ 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
Adapt quickly to changes in processes and procedures in a rapidly changing environment
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 deadlines
Extensive Microsoft Office skills – Excel (pivots), Word, PowerPoint, Outlook
Preferred Experience
CPA designation
Sound knowledge of Investment Company Accounting (ASC 946), economics (waterfalls and allocations), and fund structure
Knowledge of reporting for investment funds under US GAAP (ASC 946) and IFRS
Experience with governing documents such as LPAs, advisory agreements, side letters and fee agreements
Hands‑on experience accounting/auditing of private equity funds (including blockers, parallel funds, SPVs, AIVs, co‑investment vehicles) and related entities
Salary Range:
$90,000–$130,000 in addition to a discretionary bonus and comprehensive benefits package. The actual salary offered within that range will depend on the candidate’s experience level.
Work Arrangement All applicants must be legally authorized to work in the United States. U.S. employees are required to work a hybrid schedule: two days a week in the office and three days remotely.
About The Company Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, overseeing over $1 trillion of private capital on behalf of its clients with 14 offices across the US, Canada and Europe. We combine people, process and technology to enable fund sponsors to manage operational infrastructure, financial reporting and investor communications.
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
Most experienced and best‑performing team in the industry
#J-18808-Ljbffr