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Petra Funds Group · 2 hours ago

Fund Accounting - Senior Fund Accountant

National - US

Full-time

Hybrid

Mid, Senior Level

$82K/yr - $123K/yr

3+ years exp

Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. The Senior Fund Accountant will prepare and review financial statements, manage investor communications, and collaborate with clients to ensure timely deliverables in a dynamic environment.

FinanceFinancial ServicesFunding Platform

Responsibilities

Prepare and/or review capital contribution and distribution calculations, management fee calculations, monthly cash reconciliations, expense schedules, and income calculations

Prepare and review quarterly incentive allocation models for the partnerships based on the terms outlined within the partnership agreements

Prepare the partnerships’ financial statements on a quarterly/annual basis (Statements of Assets and Liabilities/Partners’ Capital, Operations, Partners’ Capital, and Cash flows). This can also include supplemental management reports, such as performance metrics

Prepare materials for the interim and annual audit of the partnerships and establish a working relationship with the auditors

Coordinate the communication of investor notices, including distributions, capital calls, and capital balances via the clients’ investor portal application

Work closely with the client to answer investor inquiries and requests in relation to responsible partnerships

Manage timelines established with the client to ensure agreed-upon deliverables are being met. This also includes participating in weekly external calls to stay current with the client's ongoing needs and requests, including capital activity requirements at the fund and portfolio company levels

Obtain a working knowledge of all key systems, including Investran Live (accounting system) and CRM platforms

Qualification

Fund AccountingInvestran LiveMicrosoft ExcelPrivate Equity ExperienceCPAAnalytical SkillsCommunication SkillsOrganizational SkillsDetail-orientedTeamwork

Required

At least 3 years experience in accounting, with a preference for experience with private equity, partnerships, and/or alternative assets

Ability to work in a dynamic, fast-paced environment

Ability to handle multiple projects and meet deadlines

Detail-oriented with the ability to complete tasks promptly

Willingness to take on additional ad-hoc tasks and projects

Ability to build and maintain advanced spreadsheets using Microsoft Excel

Knowledge of Investran Live

Excellent analytical and planning skills

Strong interpersonal, communication, and organizational skills with a team approach

Must possess unquestionable integrity and ethics

Undergraduate degree in accounting, finance, or business

Preferred

CPA is a plus but not required

Benefits

90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.

Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan.

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.

Flexible paid time off to recharge, travel, or take care of what matters most.

Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.

Hybrid work environment that offers flexibility and supports work-life balance.