Manager Fund Accounting

SUMMARY

Aligned Solutions is seeking a Fund Accounting Manger for a well respected company. The Fund Accounting Manager oversees full-cycle accounting, financial reporting, valuation support, and investor reporting processes for real estate credit and equity investment vehicles. This role manages a team of Senior Accountants and partners closely with Asset Management, Investor Relations, Compliance, Tax, and senior finance leadership to ensure accurate financial reporting, timely capital activity, adherence to governing documents, and continuous improvement of accounting processes and controls.

KEY RESPONSIBILITIES

• Lead, mentor, and supervise a team of Senior Accountants, overseeing daily fund accounting operations, workload allocation, and performance management.

• Oversee fund accounting activities related to real estate investments, joint ventures, loan portfolios, and commercial mortgage-backed securities (CMBS).

• Establish and manage the close calendar, ensuring timely and accurate delivery of all reporting deliverables.

• Review and approve journal entries, reconciliations, financial statements, capital activity, management fee calculations, and carried interest models.

• Oversee preparation and review of capital call and distribution notices, investor allocation schedules, and related cash movements.

• Oversee investor reporting, including carried interest calculations, Statements of Partners’ Capital, and periodic investor deliverables.

• Support new fund launches, including review of governing documents, entity structuring, accounting setup, and initial capital activity.

• Collaborate with Investor Relations and Compliance teams to ensure all information requests are fulfilled accurately and on time.

• Support the quarterly valuation process, including review of valuation inputs, assumptions, and supporting documentation for real estate, joint venture interests, loan portfolios, and other investments.

• Prepare ad hoc reporting and analysis as requested by senior finance or investor relations leadership.

• Assist the Tax department with data gathering and support for annual tax filings.

• Manage internal and external audit requests and ensure timely completion of audit processes.

• Conduct mid-year and year-end performance evaluations for direct reports.

• Develop and enhance internal controls, fund accounting procedures, and workflow efficiencies, including identifying automation opportunities.

QUALIFICATIONS

• Bachelor’s degree in Accounting, Finance, or a related field required.

• 5–6+ years of accounting experience, including a combination of private equity/fund accounting and public accounting.

• Certified Public Accountant (CPA) designation required.

• Experience with fund accounting software (e.g., Investran) preferred.

• Familiarity with waterfall models and carried interest calculations.

• Strong understanding of partnership accounting concepts, including capital commitments, allocations, and contribution/distribution mechanics.

• Supervisory experience, including training, reviewing work, and performance management.

• Advanced proficiency in Microsoft Excel (complex formulas, pivot tables, and financial modeling).

• Strong communication and interpersonal skills.

• Team-oriented with the ability to work cross-functionally.

• Demonstrated ability to operate independently and exercise sound judgment.

• Proactive mindset with the ability to thrive in a fast-paced, evolving environment.

• Ability to meet tight deadlines during quarterly and annual reporting cycles.