Fund Accountant

• Location: Fort Worth, Texas
• Type: Fort Worth:Fin/Acct/HR:Direct Hire
• Job #10987

Hybrid Fund Accountant 10987
Job Description

Description of Position
The fund accountant, under the direction of the fund accounting manager, will manage the day-to-day accounting functions and financial reporting for a number of private equity or hedge funds as well as several investment management companies. The position requires a comprehensive knowledge of accounting and financial reporting, ranging from processing journal entries and trade or investment transactions to cash management, account reconciliation, and preparation of period-end financial statements with supporting schedules. This role requires a significant level of individual initiative, the ability to multi-task, and thrive in a dynamic, fast-paced environment.

Requirements

• Minimum of 2 years’ experience in public accounting, a family office, private equity, or financial services industry

• Bachelor’s degree in accounting, or finance with accounting experience
• Experience in partnership accounting, multi-tiered entity structures, or intercompany general ledger accounts
• General ledger experience with adeptness in journal entries
• Experience preparing financial statements
• Solid understanding of general ledger account reconciliations, including bank or brokerage accounts
• Strong Excel skills (lookups, sumifs, pivot tables) and adept at learning new accounting applications
• Must be self-motivated and willing to take action beyond formal job responsibilities
• Ability to work both independently and in a team environment
• Must be detail oriented, possess effective communication and multi-tasking skills

Preferred Skills and Experience

• 3.5 GPA or higher
• CPA credentials or parts passed
• Experience with Investran or comparable fund accounting system
• Experience with data architecture, data integration, and data lake concepts
• Experience using A.I., business intelligence, automation, dashboarding, and reporting applications (Copilot, Power BI, etc.)

Principal Responsibilities

• Post cash and non-cash transactions daily in maintenance of the general ledger
• Perform bank, brokerage account and other general ledger account reconciliations or analyses
• Monitor cash balances daily and assist with cash management
• Prepare various reports or analyses in support of management, the family, or the investment team
• Record investment valuations, asset acquisitions, and dispositions
• Complete the monthly close procedures and generate deliverables in compliance with GAAP or tax basis
• Prepare quarterly financial statements and supporting schedules
• Prepare debt and other compliance requirements for credit facilities and regulatory agencies
• Serve as liaison with auditors, tax advisors, compliance officers, and external fund advisors
• Perform taxable income reconciliations and accumulate information for tax estimates or returns
• Assist with ad hoc reporting or special projects as necessary