Apply on Employer Site

Petra Funds Group · 21 hours ago

Fund Accounting - Controller

SLC Metro Area

Full-time

Hybrid

Senior Level, Lead/Staff

$122K/yr - $183K/yr

10+ years exp

Petra Funds Group is a single-source provider for fund administration and infrastructure needs of Private Equity and Debt Funds. They are seeking a Controller to oversee accounting, reporting, and financial operations for a complex portfolio of private investment vehicles, acting as a strategic partner to both Petra leadership and the client’s finance organization.

FinanceFinancial ServicesFunding Platform

Responsibilities

Lead and oversee all aspects of fund accounting and financial reporting for multiple investment structures, including commingled funds, SMAs, and feeder vehicles

Review and approve capital calls, distributions, management fees, allocations, and performance waterfalls in accordance with governing documents

Manage quarterly and annual financial reporting, including audit and tax coordination, ensuring accuracy and adherence to U.S. GAAP and partnership agreements

Serve as a senior liaison to the client’s finance, investor relations, and operations teams, providing insight and oversight on accounting policies, controls, and process enhancements

Supervise and mentor accounting managers and staff; establish clear priorities and ensure quality, timeliness, and accuracy across deliverables

Partner with internal and client technology teams to support automation, systems improvements, and scalable infrastructure

Contribute to strategic projects such as fund launches, onboarding of new vehicles, and operational process transformation

Qualification

Fund accountingFinancial reportingPrivate equity experienceTeam leadershipCPA designationAnalytical skillsWaterfall modelsPerformance metricsOrganizational skillsCommunication skills

Required

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

10+ years of progressive accounting experience in private equity, fund-of-funds, or alternative asset management

Deep understanding of fund structures, capital flows, and partnership accounting principles

Proven track record managing accounting teams and external stakeholders

Strong analytical, organizational, and communication skills, with the ability to translate technical accounting into actionable insights

Preferred

CPA designation (active or inactive)

Big Four or fund audit background combined with in-house or fund administration experience

Experience supporting high-growth investment platforms or complex multi-manager structures

Familiarity with waterfall models, performance metrics (IRR, TVPI, DPI), and investor-level reporting

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.