Director of Accounting (Hybrid, NYC)
Accounting & Finance · Full-time
New York, NY, USA
USD 170k-220k / year
https://www.formulary.co/careers/account/director-of-accounting
What You Need
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8-12+ years of fund accounting impact and experience in venture capital, growth equity and / or private equity asset classes.
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Demonstrated track record of impact and held a management position at a leading fund administration services firm.
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5+ years of experience hiring, managing and developing a team of fund accountants, inclusive of managing a team of entry level and experienced fund accountants.
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CPA or equivalent accounting degree.
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A keen interest in using AI and machine learning to solve complex problems.
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Deep, practical experience with the entire investment lifecycle (from fund formation to fund dissolution) for venture capital, growth equity, and private equity asset classes.
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Extensive knowledge of industry best practices for fund management and operations, including regulatory, tax, audit, compliance and other areas.
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Experience with Limited Partnership Agreements, LLC Operating Agreements, and other legal requirements. Understanding of traditional close-ended fund structures, SPVs, GP entities, blocker entities, parallel entities, and other investment structures (e.g. evergreen, master/feeder, and series fund structures).
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Thorough understanding of GAAP (Generally Accepted Accounting Principles) and regulatory compliance, specifically as related to calculations and journal entries.
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Master proficiency in preparing fund financial statements (Statement of Assets and Liabilities, Schedule of Investments) and comprehensive Limited Partner (LP) reporting, including capital account statements.
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Complete knowledge of the tax, audit and compliance regulations and requirements.
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Experience with SOC 1 and SOC 2 controls to develop and maintain robust internal systems to ensure data security, operational reliability, and meet client audit requirements.
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Fluency with software solutions and openness to explore and adapt modern technologies and resources to deliver an enhanced and more efficient client service experience.