Operations Manager

Fund Accounting & Financial Reporting

• Lead day-to-day fund accounting operations for assigned funds and investment structures.
• Review and oversee preparation of NAV calculations, trial balances, general ledger, financial statements, and investor reporting.
• Review accounting entries including:
  • Investment purchases and sales
  • Capital calls and distributions
  • Management fees and performance fees
  • Accrued expenses and prepaid expenses
  • Interest income and expense
  • Realized and unrealized gains/losses
  • Foreign exchange transactions
  • Corporate actions and other investment-related activity
• Perform detailed P&L, Balance Sheet, Trial Balance, and NAV analysis.
• Review valuation of investments and ensure appropriate accounting treatment.
• Oversee cash, position, and investment reconciliations.
• Investigate and resolve accounting breaks and discrepancies.
• Review and approve journal entries, accruals, reclassifications, and rectification entries.
• Ensure completeness and accuracy of month-end, quarter-end, and year-end close activities.
• Review fund financial statements and supporting schedules.
• Support preparation and review of audit schedules and year-end audit requirements.

Private Equity / Private Credit Accounting

• Review capital activity including capital calls, distributions, transfers, and investor allocations.
• Review investment-level accounting and valuation adjustments.
• Understand and review amortization schedules, interest accruals, fee calculations, and investment income.
• Review fund-level and investment-level reconciliations.
• Support waterfall calculations and performance allocations, where applicable.
• Review NAV packs and supporting documentation before client delivery.
• Ensure accounting treatment is aligned with fund governing documents and applicable accounting policies.

Team Leadership

• Lead, mentor, and manage a team of fund accountants and senior associates.
• Allocate work based on team capacity, complexity, deadlines, and client priorities.
• Conduct regular quality reviews and provide constructive feedback.
• Monitor team productivity, utilization, turnaround time, and deliverable quality.
• Identify training requirements and develop team members through structured coaching.
• Act as the escalation point for complex accounting and operational issues.
• Build a strong culture of ownership, accountability, and continuous improvement.

Client Management

• Act as a key operational contact for clients and provide timely responses to accounting and reporting queries.
• Participate in client calls, review meetings, and operational discussions.
• Understand client-specific accounting policies, procedures, and reporting requirements.
• Manage client escalations and ensure timely resolution.
• Communicate status, risks, issues, and dependencies proactively to clients and senior management.
• Build strong working relationships with client accounting, operations, finance, and investment teams.
• Support client onboarding, transitions, migrations, and new fund launches.

Systems & Tools

Experience with one or more of the following is preferred:

• Geneva
• Investran
• Allvue
• Advanced Microsoft Excel

Required Qualifications

• Bachelor's degree in Finance, Accounting, Commerce, or a related discipline.
• 10–15 years of relevant experience in fund accounting, alternative investment accounting, financial reporting, or fund administration.
• Strong knowledge of accounting principles and financial reporting.
• Hands-on experience with NAV preparation/review and fund financial statements.
• Experience managing or mentoring a team.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and ability to work with large volumes of financial data.
• Strong communication and client-management skills.
• Ability to manage multiple deliverables and competing deadlines.