Cyperus Group LLC · 13 hours ago
Senior Manager - Private Equity Accounting
New York, NY
Full-time
Hybrid
Senior Level
$160K/yr - $180K/yr
7+ years expCyperus Group LLC is seeking a Senior Manager for their Private Equity Accounting team. The role involves leading accounting teams for private equity and credit funds, ensuring accurate reporting and managing financial statement preparation.
Staffing & Recruiting
Hiring Manager
Carmelo Melluso
Responsibilities
Lead and manage accounting teams supporting private equity and private credit funds, ensuring timely and accurate reporting
Oversee preparation and review of quarterly and annual financial statements, investor reports, and management reporting packages
Manage general ledger activity, NAV calculations, and portfolio performance reporting for private funds and SPVs
Ensure accurate accounting for capital calls, distributions, management fees, incentive allocations, and fund expenses
Oversee accounting for private credit instruments, including senior secured loans, unitranche, mezzanine, subordinated debt, and structured credit investments
Review and approve investor communications including capital call and distribution notices
Partner with valuation teams to ensure appropriate methodologies for illiquid equity and credit investments
Provide technical accounting guidance on complex transactions and fund structures
Manage relationships with external auditors and fund administrators
Support fundraising efforts and investor due diligence requests
Drive process improvements, automation initiatives, and system enhancements
Act as a key accounting partner to investment and internal management teams
Qualification
Required
Bachelor's degree in Accounting or a related field
7–10+ years of progressive experience in private equity and/or private credit fund accounting, audit, or financial reporting
Strong working knowledge of private credit strategies, loan accounting, and credit fund structures
Proven experience managing, mentoring, and developing accounting teams
Experience with complex waterfalls, incentive allocations, and carried interest structures
Proficiency with fund accounting systems such as Investran, Allvue, eFront, or Geneva
Advanced Excel skills
Excellent communication, organizational, and stakeholder management skills
Preferred
CPA or Master's degree preferred
Experience with multi-entity, multi-currency, or cross-border fund structures is a plus
Company
Cyperus Group LLC
The Cyperus plant isn’t flashy. It doesn’t bloom brightly or tower above others.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase