Note: The job is a remote job and is open to candidates in USA. Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. A Senior Fund Accountant at Petra plays a critical role in delivering high-quality fund accounting and client service to private equity fund service clients, overseeing core accounting and reporting processes while serving as a trusted day-to-day contact for clients.
Responsibilities
- 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 based on the terms outlined within the partnership agreements
- Prepare the partnerships’ financial statements on a quarterly/annual basis (Statements of Assets and Liabilities/Partners’ Capital, Operations, Partners’ Capital, and Cash flows). This can also include supplemental management reports, such as performance metrics
- Prepare materials for the interim and annual audit of the partnerships and establish a working relationship with the auditors
- Coordinate the communication of investor notices, including distributions, capital calls, and capital balances via the clients’ investor portal application
- Work closely with the client to answer investor inquiries and requests in relation to responsible partnerships
- Manage timelines established with the client to ensure agreed-upon deliverables are being met. This also includes participating in weekly external calls to stay current with the client's ongoing needs and requests, including capital activity requirements at the fund and portfolio company levels
- Obtain a working knowledge of all key systems, including Investran Live (accounting system) and CRM platforms
Skills
- At least 3 years experience in accounting, with a preference for experience with private equity, partnerships, and/or alternative assets
- Ability to work in a dynamic, fast-paced environment
- Ability to handle multiple projects and meet deadlines
- Detail-oriented with the ability to complete tasks promptly
- Willingness to take on additional ad-hoc tasks and projects
- Ability to build and maintain advanced spreadsheets using Microsoft Excel
- Knowledge of Investran Live
- Excellent analytical and planning skills
- Strong interpersonal, communication, and organizational skills with a team approach
- Must possess unquestionable integrity and ethics
- Undergraduate degree in accounting, finance, or business
- 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.
Company Overview
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