Senior Fund Accountant (Consumer PE)
About the position
Petra Funds Group is seeking a Senior Fund Accountant to be fully dedicated to one of our clients. This is a unique, embedded role in which you will work as an extension of the client’s internal fund finance organization, partnering closely with their in-house finance leadership and investment operations teams while also interfacing with Petra’s broader fund accounting platform.
This position is primarily in-office, requiring four (4) days per week onsite at the client’s office in Santa Monica, CA. The role is designed for a senior-level accountant who thrives in a highly collaborative, hands-on environment and enjoys being deeply integrated into a single client’s day-to-day fund finance operations.
Responsibilities
• Serve as a dedicated Senior Fund Accountant embedded within the client’s internal fund finance team, supporting day-to-day accounting and operational needs.
• Prepare and/or review capital contribution and distribution calculations, management fee calculations, monthly cash reconciliations, expense schedules, and income calculations.
• Prepare and review quarterly incentive allocation models for the partnerships in accordance with governing partnership agreements.
• Prepare quarterly and annual financial statements, including Statements of Assets and Liabilities, Statements of Operations, Statements of Partners’ Capital, and Statements of Cash Flows.
• Support the preparation of supplemental internal management and performance reporting used by the client’s finance and investment teams.
• Coordinate and support interim and annual audits, including preparation of audit support schedules and serving as a key point of contact for auditors.
• Partner closely with the client’s internal fund finance and operations teams to respond to investor inquiries, internal requests, and ad hoc analyses.
• Interface with Petra’s centralized fund accounting and operations teams to ensure alignment with established processes, controls, and reporting standards.
• Manage and adhere to timelines agreed upon with the client, ensuring all deliverables are accurate, timely, and aligned with expectations.
• Obtain and maintain a strong working knowledge of key systems, including Investran Live and related reporting and CRM platforms.
Requirements
• Minimum of 4 years of accounting experience, with a strong preference for private equity, partnership accounting, or alternative investment experience.
• Demonstrated ability to operate effectively in a fast-paced, high-touch, client-embedded environment.
• Strong attention to detail with the ability to manage multiple priorities and deadlines.
• Advanced proficiency in Microsoft Excel, including the ability to build and maintain complex spreadsheets and models.
• Excellent analytical, organizational, and problem-solving skills.
• Strong interpersonal and communication skills, with the ability to collaborate effectively with both client teams and internal stakeholders.
• Willingness to take ownership of responsibilities and support ad hoc projects as needed.
• Undergraduate degree in accounting, finance, or a related field.
• Must possess unquestionable integrity and ethics.
Nice-to-haves
• Experience with Investran Live strongly preferred.
• CPA is a plus but not required.
Benefits
• 90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.
• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan.
• 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.
• Flexible paid time off to recharge, travel, or take care of what matters most.
• Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.
• Hybrid work environment that offers flexibility and supports work-life balance.
• Certified Great Place to Work®, based on direct employee feedback about our culture, trust, and workplace experience.
Apply tot his job
Apply To this Job
Petra Funds Group is seeking a Senior Fund Accountant to be fully dedicated to one of our clients. This is a unique, embedded role in which you will work as an extension of the client’s internal fund finance organization, partnering closely with their in-house finance leadership and investment operations teams while also interfacing with Petra’s broader fund accounting platform.
This position is primarily in-office, requiring four (4) days per week onsite at the client’s office in Santa Monica, CA. The role is designed for a senior-level accountant who thrives in a highly collaborative, hands-on environment and enjoys being deeply integrated into a single client’s day-to-day fund finance operations.
Responsibilities
• Serve as a dedicated Senior Fund Accountant embedded within the client’s internal fund finance team, supporting day-to-day accounting and operational needs.
• Prepare and/or review capital contribution and distribution calculations, management fee calculations, monthly cash reconciliations, expense schedules, and income calculations.
• Prepare and review quarterly incentive allocation models for the partnerships in accordance with governing partnership agreements.
• Prepare quarterly and annual financial statements, including Statements of Assets and Liabilities, Statements of Operations, Statements of Partners’ Capital, and Statements of Cash Flows.
• Support the preparation of supplemental internal management and performance reporting used by the client’s finance and investment teams.
• Coordinate and support interim and annual audits, including preparation of audit support schedules and serving as a key point of contact for auditors.
• Partner closely with the client’s internal fund finance and operations teams to respond to investor inquiries, internal requests, and ad hoc analyses.
• Interface with Petra’s centralized fund accounting and operations teams to ensure alignment with established processes, controls, and reporting standards.
• Manage and adhere to timelines agreed upon with the client, ensuring all deliverables are accurate, timely, and aligned with expectations.
• Obtain and maintain a strong working knowledge of key systems, including Investran Live and related reporting and CRM platforms.
Requirements
• Minimum of 4 years of accounting experience, with a strong preference for private equity, partnership accounting, or alternative investment experience.
• Demonstrated ability to operate effectively in a fast-paced, high-touch, client-embedded environment.
• Strong attention to detail with the ability to manage multiple priorities and deadlines.
• Advanced proficiency in Microsoft Excel, including the ability to build and maintain complex spreadsheets and models.
• Excellent analytical, organizational, and problem-solving skills.
• Strong interpersonal and communication skills, with the ability to collaborate effectively with both client teams and internal stakeholders.
• Willingness to take ownership of responsibilities and support ad hoc projects as needed.
• Undergraduate degree in accounting, finance, or a related field.
• Must possess unquestionable integrity and ethics.
Nice-to-haves
• Experience with Investran Live strongly preferred.
• CPA is a plus but not required.
Benefits
• 90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.
• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan.
• 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.
• Flexible paid time off to recharge, travel, or take care of what matters most.
• Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.
• Hybrid work environment that offers flexibility and supports work-life balance.
• Certified Great Place to Work®, based on direct employee feedback about our culture, trust, and workplace experience.
Apply tot his job
Apply To this Job