Petra Funds Group

Fund Accounting Manager (Technology Investments)

Boston

Sponsorship not specified$102k-$153kDetected 51 days ago

RESTCRMFinancial AnalysisAccountingExcelProcess ImprovementHRISLeadershipCommunicationMentoringFinancial Reporting

About the role

As a Fund Accounting Manager, you will oversee the execution of core fund accounting operations across a portfolio of private equity clients while serving as a trusted point of contact for clients, auditors, investors, and internal stakeholders.
You will play a key role in managing complex fund structures, reviewing financial reporting and capital activity, overseeing team workflows, and driving operational excellence across the engagement lifecycle.
This role combines technical fund accounting expertise with leadership responsibility, including mentoring junior professionals, managing deliverables, improving processes, and helping ensure exceptional client service.

Review and validate quarterly incentive allocation and waterfall models in accordance with partnership agreements and governing fund documents.
Manage investment and expense wire activity, ensuring accuracy, completeness, and adherence to internal controls.
Manage multiple client relationships simultaneously while ensuring high-quality service delivery and adherence to deadlines and service-level expectations.
Lead recurring client meetings and provide strategic insight into fund activity, reporting requirements, and operational considerations.
Supervise, mentor, and develop junior team members through training, workflow management, technical review, and performance coaching.
Develop advanced expertise across core systems and applications, including Investran, Workday, CRM platforms, and reporting tools.
Partner with senior leadership on special projects, client onboarding initiatives, and process improvement efforts.

Bachelor's degree in Accounting, Finance, or Business.
6+ years of accounting experience, with significant experience in private equity fund accounting, alternative investments, fund administration, or public accounting serving financial services clients.
Strong technical knowledge of partnership accounting, private equity fund structures, investor allocations, and waterfall calculations.
Proven leadership experience, including mentoring, supervising, or managing junior team members.
Advanced Excel skills and strong analytical capabilities with the ability to interpret and resolve complex accounting issues.

Manage the preparation and review of quarterly and annual financial statements for private equity partnerships, including all supporting schedules, disclosures, and investor reporting packages.
Lead the coordination and execution of interim and annual audits, serving as the primary liaison with external auditors and overseeing audit deliverables and timelines.

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.
The Role:
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.

This listing is sourced directly from Petra Funds Group's careers page and normalized into a canonical job model.