Petra Funds Group · 3 hours ago
Credit - Senior Accountant
New York, United States
Full-time
Hybrid
Mid, Senior Level
$82K/yr - $123K/yrPetra Funds Group is a leading provider of comprehensive fund administration and infrastructure services for private equity and debt funds. The Senior Accountant will serve as the primary contact for credit fund client relationships, ensuring client satisfaction through effective administration and oversight of financial processes.
FinanceFinancial ServicesFunding Platform
Responsibilities
Serve as the primary contact for credit fund client relationship(s), overseeing engagements from proposal through implementation and ongoing administration
Ensure that client engagements are properly staffed and that team members receive the necessary training to meet both internal and external deliverables
Develop, implement, and maintain processes and procedures to ensure client satisfaction and adherence to deadlines
Review and implement partnership allocation models in line with partnership agreements for a diverse client base
Gain proficiency in key systems through training with the accounting team, focusing on Investran Live (accounting system), Salesforce CRM, and Intralinks
Coordinate and review investor communications, including capital call and distribution notices, as well as capital balance statements
Oversee and review investment transactions within the Investran Live general ledger system
Review and approve management fee calculations, invoices, and journal entries
Oversee the daily and monthly cash reconciliation processes for various credit partnerships and associated portfolio companies
Review fund financial statements and other management reports to ensure accuracy and compliance
Collaborate with the Director to provide strategic direction on various projects, including reviewing materials prepared by staff, such as general ledger entries, quarterly work papers, audit confirmations, limited partner requests, and other ad hoc documents
Review and/or calculate credit fund performance metrics, including gross/net MOIC, IRR, TVPI, RVPI, and DPI
Lead the preparation and review of materials for interim and annual audits of the credit fund partnerships, establishing and maintaining productive relationships with auditors
Qualification
Required
Serve as the primary contact for credit fund client relationship(s), overseeing engagements from proposal through implementation and ongoing administration
Ensure that client engagements are properly staffed and that team members receive the necessary training to meet both internal and external deliverables
Develop, implement, and maintain processes and procedures to ensure client satisfaction and adherence to deadlines
Review and implement partnership allocation models in line with partnership agreements for a diverse client base
Gain proficiency in key systems through training with the accounting team, focusing on Investran Live (accounting system), Salesforce CRM, and Intralinks
Coordinate and review investor communications, including capital call and distribution notices, as well as capital balance statements
Oversee and review investment transactions within the Investran Live general ledger system
Review and approve management fee calculations, invoices, and journal entries
Oversee the daily and monthly cash reconciliation processes for various credit partnerships and associated portfolio companies
Review fund financial statements and other management reports to ensure accuracy and compliance
Collaborate with the Director to provide strategic direction on various projects, including reviewing materials prepared by staff, such as general ledger entries, quarterly work papers, audit confirmations, limited partner requests, and other ad hoc documents
Review and/or calculate credit fund performance metrics, including gross/net MOIC, IRR, TVPI, RVPI, and DPI
Lead the preparation and review of materials for interim and annual audits of the credit fund partnerships, establishing and maintaining productive relationships with auditors
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.
Company
Petra Funds Group
Petra Funds Group provides fund administration, compliance, and ESG services for private equity, venture funds, and private debt funds.
Founded in 2021
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
unknownKey Investors
Charlesbank Capital Partners
2023-10-19Private Equity
Leadership Team
John Collins
Managing Partner
Paul Winters
Managing Partner
Recent News
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