Petra Funds Group

Petra Funds Group

Fund Accounting - Manager (FoF)

National - US

Sponsorship not specified$102k-$153kDetected 26 days ago
RESTFinancial AnalysisAccountingExcelProcess ImprovementCommunicationFinancial Reporting

About the role

  • Petra is made up of highly experienced professionals across the US and Europe.
  • In a business where accuracy and timeliness are paramount, having a deep bench who've spent years working with asset managers is what differentiates us.
  • Our foundation is built on trust, experience, and uncompromising accuracy.

Responsibilities

  • Manage the day-to-day accounting operations for multiple Fund of Funds clients.
  • Review partner capital allocations and waterfall calculations where applicable.
  • Manage quarter-end and year-end close processes.
  • Maintain strong client relationships through proactive communication and issue resolution.
  • Supervise, mentor, and develop Fund Accounting Associates and Senior Fund Accountants.
  • Identify process improvement opportunities and support automation initiatives.
  • Hybrid work environment t hat offers flexibility and supports work-life balance.
  • Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™, highlighting our commitment to building an environment where people thrive.

Requirements

  • Bachelor's degree in Accounting or Finance.
  • 6+ years of alternative investment fund accounting experience.
  • Experience with Fund of Funds accounting.
  • Strong understanding of:
  • Experience working with private equity, venture capital, private credit, or other alternative investment funds.
  • Strong knowledge of US GAAP.
  • Experience at a fund administrator or alternative asset manager.
  • Experience with Investran, Allvue, Geneva, or similar fund accounting systems.
  • Experience reviewing audited financial statements.
  • Knowledge of ASC 820 fair value principles.
  • Capital calls
  • Distributions
  • Investor allocations
  • Partnership accounting
  • NAV calculations
  • Financial statement preparation
  • Advanced Excel skills.
  • Excellent organizational and client communication skills

Compensation

  • The compensation range for this position is $102,000 - $153,000 per year.
  • This range represents the base salary only.
  • Actual pay will depend on factors such as qualifications, experience, and skills.
  • 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.

Company info

  • Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.
  • Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who've spent years working with asset managers is what differentiates us.
  • Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.
  • We are seeking an experienced Fund Accounting Manager to oversee the accounting and financial reporting for a portfolio of Fund of Funds (FoF) clients. This individual will manage client relationships, supervise fund accountants, ensure timely and accurate financial reporting, and serve as a technical resource on complex private markets accounting matters.
  • The ideal candidate has experience accounting for private equity, venture capital, private credit, or multi-manager investment structures and enjoys working directly with sophisticated investment managers in a client-facing environment.
  • Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds.
  • At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.
  • Our people are experts.
  • We work collaboratively.
  • We are relentless in our process and put attention to detail first.
  • We are seeking an experienced Fund Accounting Manager to oversee the accounting and financial reporting for a portfolio of Fund of Funds (FoF) clients.
  • This individual will manage client relationships, supervise fund accountants, ensure timely and accurate financial reporting, and serve as a technical resource on complex private markets accounting matters.
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This listing is sourced directly from Petra Funds Group's careers page and normalized into a canonical job model.