Fund Accounting Manager

Our large venture capital client with over $10B in AUM is looking to hire a Fund Accounting Manager. This role will be based in San Francisco and in the office Monday-Thursday.ROLE:Serve as the primary owner of fund-level accounting executionOwn the day-to-day accounting and close execution across assigned funds, ensuring accuracy, timeliness, and consistency of financial reporting.

Own and manage the quarterly (and annual) close process, including review of journal entries, reconciliations, financial statements, and supporting schedules.

Oversee quarterly valuations with the investment team by coordinating data, reviewing assumptions, and ensuring accounting and valuation policy consistency.

• Oversee and review work performed by third-party administrators, including NAVs, capital activity, investor allocations, and loan activity
• Facilitate and manage fund external audits
• Oversee cash forecasting performed by the junior team members
• Oversee leverage compliance including leverage advances and repayments, monthly servicing reporting, and quarterly compliance reporting.
• Escalate leverage-related issues, covenant risks, and reporting matters to the CFO and Finance Director as appropriate.

Review liquidity forecasts to manage fund liquidity and investments pipeline and identify potential timing or funding risks.

Support fundraising and due diligence efforts by preparing and validating financial information, responding to accounting-related diligence requests, and supporting fund onboarding from an execution standpoint.

Champion the adoption of AI tools across the finance team to automate routine tasks, accelerate the close and reporting cycle, and improve accuracy

QUALIFICATIONS

• 5-8 years of experience in finance or accounting, with exposure to venture capital, private equity funds or related fields;
• CPA and Big 4 experience strongly preferred.
• Demonstrated leadership skills, high energy, initiative, and creativity.
• Compelling interpersonal, communication and presentation skills.
• Be able to work in a fast-paced environment.
• Strong critical thinking skills.
• Great team player and willing to roll up sleeves to help others on the team.
• Exceptional organization skills, timeline management and attention to detail.
• Possess a high sense of urgency and strong desire for excellence.