Petra Funds Group · 3 hours ago
Senior Fund Accountant (Consumer PE)
Santa Monica
Full-time
Hybrid
Mid, Senior Level
$82K/yr - $123K/yr
4+ years expPetra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. They are seeking a Senior Fund Accountant to work closely with a client's internal finance team, managing day-to-day accounting and operational needs while ensuring accuracy and compliance with financial reporting standards.
FinanceFinancial ServicesFunding Platform
Responsibilities
Serve as a dedicated Senior Fund Accountant embedded within the client’s internal fund finance team, supporting day-to-day accounting and operational needs
Prepare and/or review capital contribution and distribution calculations, management fee calculations, monthly cash reconciliations, expense schedules, and income calculations
Prepare and review quarterly incentive allocation models for the partnerships in accordance with governing partnership agreements
Prepare quarterly and annual financial statements, including Statements of Assets and Liabilities, Statements of Operations, Statements of Partners’ Capital, and Statements of Cash Flows
Support the preparation of supplemental internal management and performance reporting used by the client’s finance and investment teams
Coordinate and support interim and annual audits, including preparation of audit support schedules and serving as a key point of contact for auditors
Partner closely with the client’s internal fund finance and operations teams to respond to investor inquiries, internal requests, and ad hoc analyses
Interface with Petra’s centralized fund accounting and operations teams to ensure alignment with established processes, controls, and reporting standards
Manage and adhere to timelines agreed upon with the client, ensuring all deliverables are accurate, timely, and aligned with expectations
Obtain and maintain a strong working knowledge of key systems, including Investran Live and related reporting and CRM platforms
Qualification
Required
Minimum of 4 years of accounting experience, with a strong preference for private equity, partnership accounting, or alternative investment experience
Demonstrated ability to operate effectively in a fast-paced, high-touch, client-embedded environment
Strong attention to detail with the ability to manage multiple priorities and deadlines
Advanced proficiency in Microsoft Excel, including the ability to build and maintain complex spreadsheets and models
Excellent analytical, organizational, and problem-solving skills
Strong interpersonal and communication skills, with the ability to collaborate effectively with both client teams and internal stakeholders
Willingness to take ownership of responsibilities and support ad hoc projects as needed
Undergraduate degree in accounting, finance, or a related field
Must possess unquestionable integrity and ethics
Preferred
Experience with Investran Live strongly preferred
CPA is a plus but not required
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.
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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