About the Opportunity
Our client, a leading private equity investment platform, is seeking a Finance Associate to join their growing finance team based in Fairfield County, CT. This role provides direct, hands-on exposure to all aspects of fund accounting, investment operations, and financial reporting. You’ll collaborate with senior stakeholders, fund administrators, auditors, tax teams, and investor relations to support the financial operations and ongoing growth of a sophisticated asset management platform.
The annual base salary range is $115,000 to $170,000, with total comp up to $210,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.
Job Responsibilities
- Prepare and review NAV calculations, financial statements, and investor capital account statements for private equity vehicles
- Coordinate and review month-end and quarter-end fund accounting with external administrators, including reconciliations, allocations, expense accruals, management fees, and capital activities
- Manage capital calls, cash distributions, and facilitate management fee, carried interest, and waterfall calculations; participate in cash and investment reconciliations
- Oversee preparation and review of audited financial statements and support year-end audit processes
- Handle cash management tasks, subline compliance (interest, fees, documentation), and timely regulatory filings (Form ADV, Form PF)
- Collaborate with administrators to ensure all entities are reconciled to fund and are in compliance with relevant reporting requirements (including international vehicles)
- Support portfolio company valuation activities, investment track record reporting, and investment data integrity
- Coordinate with investor relations on ad hoc investor requests and respond to client inquiries
- Engage in special projects, process improvements, and new technology initiatives, including leveraging AI tools to streamline workflows
Job Requirements
- Bachelor’s degree in Accounting with strong academic credentials; CPA a plus
- 4+ years of experience in private equity fund accounting or audit of private equity funds (Big Four strongly preferred)
- Strong technical accounting abilities and familiarity with US GAAP for investment managers
- Closed-end fund, infrastructure, or Luxembourg vehicle experience a plus
- Outstanding organizational skills; able to manage multiple deadlines and deliver precise, detail-oriented work
- Collaborative team player with effective interpersonal, written, and verbal communication skills
- Experience with investment reporting, valuation, and administration (Investran experience a plus)
- Adaptability, forward-thinking, and a willingness to use new technologies—including AI—to enhance efficiency
- Proven ability to thrive in a fast-paced environment where flexibility and creative problem solving are highly valued
