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Petra Funds Group · 1 day ago

Fund Accounting - Manager

United States

Full-time

Remote

Mid, Senior Level

$102K/yr - $153K/yr

7+ years exp

Petra Funds Group is a provider for fund administration and infrastructure needs for private equity and debt funds. The Fund Accounting Manager will oversee quarterly and year-end close activities, prepare financial statements, and manage capital calls and distributions while ensuring compliance with legal and tax documentation.

FinanceFinancial ServicesFunding Platform

Responsibilities

Quarterly and year-end close activities for assigned Funds. Includes work paper preparation, including financial statements, capital account statements, and account reconciliations

Ability to read, understand, and interpret Limited Partnership Agreements, Operating Agreements, and other related legal documents associated with Funds

Knowledge of partnerships, fund structures, waterfalls, preferred return/carried interest, and capital transactions

Knowledge of Fund performance metrics such as IRR, TVPI, DPI, RVPI, and MOIC

Prepare Fund capital calls and distributions, including investor calculations and notices

Prepare Fund management fee calculations and subsequent close calculations for Funds not yet closed

Provide auditors with necessary supporting documentation in connection with the year-end audit

Provide tax teams with necessary supporting documentation for tax returns, K-1s, and other related tax documents for assigned Funds

Ability to address ad hoc reporting requests from multiple sources

Address investor questions as they arise

Other reasonably related duties as assigned

Qualification

Fund accountingPrivate equity knowledgeFinancial statement preparationInvestran LiveMicrosoft ExcelAnalytical skillsEthicsCommunication skillsTeam playerDetail-orientedIntegrity

Required

At least seven years of progressive work experience in accounting or audit, with a preference for private equity, fund administration, or public accounting experience

Ability to work in a dynamic, fast-paced environment

Ability to multi-task 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, planning and organizational skills

Strong interpersonal, communication and organizational skills with a team approach

Unquestionable integrity and ethics

Team player that is enthusiastic about joining a growing team

Undergraduate degree required, MBA a plus

Preferred

CPA preferred 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.