Baker Tilly US · 2 hours ago
Manager, Private Equity Fund Services
Minneapolis, MN
Full-time
Onsite
Mid, Senior Level
$125K/yr - $237K/yr
7+ years expBaker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage. The Private Equity Fund Services (PEFS) Manager is responsible for overseeing the day-to-day operations of private equity client deliverables and managing client relationships, requiring a mastery of complex private equity fund accounting skills.
Accounting
Responsibilities
Oversee and review the preparation and distribution of quarterly financial statements to investors of the Fund
Oversee and review the preparation and distribution of quarterly investor capital statements to investors of the Fund
Oversee and review the preparation of schedules to support the general ledger balances reported in the quarterly financial statements
Oversee and review the preparation and distribution of capital call notices to investors, notifying them when contributions are due and ensuring the capital call adheres to the Fund's Operating Agreement
Oversee and review the preparation and distribution notices to investors, notifying them when proceeds will be received and ensuring the calculation adheres to the distribution provisions of the Fund's Operating Agreement
Understand and interpret terms set forth within a Fund's Operating Agreement
Calculate and review complex waterfall structures and associated carried interest
Calculate management fees owed to the management Company for investment and portfolio management services provided to the Fund. Ensure such management fees are paid promptly and timely
Communicate directly with the Fund's General Partners (or Managers) and respond promptly to their requests, providing them with requested information
Complete required regulatory forms to ensure the Fund is in compliance; compliance includes debt covenants with lenders, regulation requirements, or any other compliance provisions stipulated in the Fund's Operating Agreement
Review investment agreements to confirm the purchases and sales agree to the cash movements at the Fund level
Interact with auditors and provide them with reports/support to assist them during the year end audit
Complete audit confirmations to satisfy procedures performed for the audits of investors or the Fund
Ability to multi-task between different tasks, client deliverables, and internal demands throughout the day
Provide supervision, guidance, and coaching to the team, including regular training support as needed
Continually update job knowledge by participating in educational opportunities; internal company and team trainings; maintains personal networks; and participate in professional development opportunities
Demonstrate an ability to take on additional duties as assigned by management
Demonstrate mastery of technical skillset including use of Excel and other software utilized by PEFS
Demonstrate mastery of subject matter when advising clients on various client questions or concerns
Consistent resource for other team members with regard to technical questions or questions pertaining to team processes and procedures
Conduct ongoing team trainings while providing input as to the continued training and opportunities at a global company level
Provide daily leadership across the team and the organization
Serve as escalation point for internal team members and for the client relationships
Assist and, at times, lead new business development objectives
Qualification
Required
7+ years' (relevant) experience in Accounting or related field
2+ years' supervisory experience in the following: performance management (including coaching, staff management, performance review delivery etc.), training, talent acquisition, and retention
Minimum of a Bachelor's Degree in Accounting or related field
Ability to multitask, time management, attention to detail, planning and problem solving skills required
Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients
Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines
Preferred
Advanced degree (MBA or MSA) in Accounting or related field strongly preferred
Certified Public Accountant (CPA) license is strongly preferred
Experience in forecasting and budgeting during an accelerated growth period
Proficient in Microsoft Office Suite with knowledge of Investran or other private equity accounting software is considered a plus
SBIC (Small Business Investment Companies) Compliance preferred
Company
Baker Tilly US
Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S.
10001+ employees
H1B Sponsorship
Baker Tilly US has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
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Trends of Total Sponsorships
2025 (7)
2024 (19)
2023 (23)
2022 (25)
2021 (19)
Funding
Current Stage
Late StageLeadership Team
Brett Bowles, CPA
Senior Consultant - Transaction and CFO Advisory
Caleb Tollefson
CFO Advisory Manager
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