Fund Accountant
Career Launch AI
New York, NY
Fund Accountant – Career Launch AI Talent Network
Location: New York, NY
Employment Type:
Full-Time · Part-Time · Contract · Temporary · Internship · Casual
Estimated Compensation:
$140,000 – $185,000 total annual compensation (varies by employer)
About This Posting
This job description represents a sample Fund Accountant position commonly found through the Career Launch AI Talent Network. It is intended to help job seekers understand the responsibilities and qualifications typically associated with fund accounting, portfolio reporting, and investment operations.
Actual openings may vary based on employer needs, fund type (e.g., private equity, hedge fund, venture capital), and reporting requirements.
For more information on the Career Launch AI Talent Network, visit:
https://www.careerlaunch.ai/
Position Overview
The Fund Accountant is responsible for maintaining accurate accounting records for investment funds, preparing financial statements, and supporting investor and regulatory reporting. This role ensures proper tracking of fund activity, including investments, capital contributions, and distributions.
Fund Accountants work closely with fund controllers, operations teams, portfolio managers, and auditors to maintain the financial integrity of investment vehicles.
Key Responsibilities
Record and reconcile daily fund activity, including trades, capital calls, distributions, and fees
Maintain accurate general ledger and trial balances for multiple funds
Prepare monthly, quarterly, and annual financial statements in compliance with GAAP
Support fund audits and liaise with external auditors
Assist with investor reporting, including statements, capital activity, and performance summaries
Reconcile bank accounts, brokerage statements, and investment positions
Ensure compliance with fund governing documents, partnership agreements, and regulatory requirements
Assist with ad-hoc reporting and financial analysis as needed
Identify process improvements to enhance efficiency and accuracy in fund accounting
Preferred Qualifications
Bachelor’s degree in Accounting, Finance, Economics, or a related field; CPA preferred but not required
Experience in fund accounting, investment operations, or related financial roles
Knowledge of fund structures such as private equity, venture capital, or hedge funds preferred
Advanced Excel skills; familiarity with fund accounting software (e.g., Investran, eFront, Geneva) a plus
Strong analytical, organizational, and problem-solving skills
Ability to manage multiple deadlines and funds in a fast-paced environment
Clear written and verbal communication skills
About the Career Launch AI Talent Network
The Career Launch AI Talent Network helps professionals pursue opportunities similar to this role through:
Skills-based role matching for fund accounting and investment finance positions
Resume and profile optimization for finance and accounting careers
Guidance on outreach to fund operations teams, CFOs, and fund administrators
Interview preparation for accounting, finance, and investor reporting assessments
To learn more or express interest in fund accounting and investment finance roles, visit:
https://www.careerlaunch.ai/