Responsibilities
- Spearhead the execution and auditing of sophisticated multi-tiered distribution models, ensuring absolute precision in calculating Preferred Returns, GP Catch-ups, and Carried Interest.
- Demonstrate technical mastery in navigating the structural nuances between American (deal-by-deal) and European (whole-of-fund) distribution frameworks.
- Rigorously calculate and monitor clawback provisions to ensure sustained fund compliance with LPA mandates throughout the investment lifecycle.
- Perform comprehensive deconstruction and analysis of intricate Limited Partnership Agreements (LPA) to derive and apply precise accounting treatments for distributions and fee structures.
- Serve as the definitive technical subject matter expert for translating complex legal prose into functional and robust accounting workbooks.
- Maintain primary accountability for the calculation of Net Asset Value (NAV) across complex fund architectures.
- Ensure all fund accounting operations strictly align with GAAP, specifically prioritizing the requirements of ASC 946 (Investment Company Accounting).
- Act as a mastery-level power user for FIS Investran, providing expert oversight of the accounting ledger and the configuration of automated waterfalls.
- Leverage Advanced Excel and Power Query to drive automation in data ingestion and engineer robust, audit-ready financial models.
Requirements
- Possess a Bachelor’s degree in Accounting or Finance (Mandatory).
- A minimum of 4 years of direct experience navigating the complexities of the private equity industry.
- Demonstrate the technical capacity to manually calculate sophisticated private equity waterfalls from first principles.
- Exhibit deep functional expertise in ASC 946 (Investment Company Accounting).
- Operate as a power-user of FIS Investran, with the ability to manage automated waterfall configurations and rigorously oversee the general ledger.
- Leverage Advanced Excel and Power Query to engineer robust financial models and perform complex data manipulation.
- Proven experience in the implementation and auditing of clawback provisions and multi-tiered distribution models.
- Capacity to deconstruct intricate Limited Partnership Agreement (LPA) language and translate complex legal prose into functional accounting workflows.
Nice to Have
- CA, CFA or professional degree preferred
- Familiarity with Hedge Fund accounting structures is considered a significant advantage.
