Apply on Employer Site

Petra Funds Group · 13 hours ago

Fund Accounting - Manager

SLC Metro Area

Full-time

Hybrid

Mid, Senior Level

$102K/yr - $153K/yr

6+ years exp

Petra Funds Group is a single-source provider for the fund administration and fund infrastructure needs of Private Equity and Debt Funds. They are seeking a Fund Accounting Manager to oversee day-to-day accounting operations for a portfolio of private investment vehicles and manage a small team of accountants.

FinanceFinancial ServicesFunding Platform

Responsibilities

Oversee the full fund accounting cycle for assigned vehicles, including capital calls, distributions, management fees, allocations, and NAV reporting

Review work prepared by staff accountants, ensuring accuracy, timeliness, and adherence to GAAP and partnership agreements

Manage quarterly and annual financial reporting processes, including audit coordination and investor reporting

Maintain strong working relationships with clients, auditors, fund administrators, and internal teams

Support process improvements, automation initiatives, and best practices to enhance operational efficiency

Assist with onboarding of new funds and structures as the client’s platform expands

Qualification

Fund accounting experienceU.S. GAAP knowledgePartnership accountingCPA qualificationWaterfall calculationsInvestor allocationsPerformance metricsAnalytical skillsCommunication skillsOrganizational skills

Required

Bachelor's degree in Accounting, Finance, or related field

6–10 years of relevant fund accounting experience within private equity, fund-of-funds, or related alternative investment structures

Strong understanding of U.S. GAAP, partnership accounting, and capital activity flows

Experience managing or reviewing work of junior accounting staff

Excellent organizational, analytical, and communication skills

Preferred

CPA qualification (or progress toward)

Experience with fund administration or managed services environments

Familiarity with waterfall calculations, investor allocations, and performance metrics (IRR, DPI, TVPI)

Comfort working in a dynamic environment supporting institutional clients and high-growth investment platforms

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.

Certified Great Place to Work®, based on direct employee feedback about our culture, trust, and workplace experience.