Fund Accountant

Job Summary:

This role focuses on legal and operational execution within fund administration, involving review and interpretation of fund documents, investor setup, P&L allocations, and return calculations. The candidate will play a key role in processing capital transactions, ensuring compliance with legal agreements, and delivering client-facing outputs in a structured and analytical manner.

Key Responsibilities:

• Review legal documents including LPAs, PPMs, and Fee Agreements
• Set up legal entities, investors, classes, series, and deal partitions based on document analysis
• Analyze and configure P&L allocation logic aligned with legal documentation
• Configure and manage Management & Incentive Fees, including hurdles, waterfalls, and carried interest
• Process investor capital transactions: subscriptions, redemptions, transfers, distributions, drawdowns
• Track and manage investor commitments and capital (funded/unfunded)
• Allocate P&L and expenses across fund structures and investor levels
• Generate independent fund and investor NAVs and capital roll reports
• Compute estimated and final returns (Gross, Net, IRRs)
• Reconcile NAV components (e.g., capital activity, PnL, fees, NAV per share) with fund administrators and resolve breaks
• Work with clients and internal teams to improve operational processes and implement new business functionality
• Collaborate with technology teams for bespoke reporting and user acceptance testing (UAT)
• Maintain ongoing communication with clients regarding deliverables and issue resolution