Fund Accountant

The Role: This is a hands-on, client-facing role on one of Petra’s private equity fund services teams—ideal for someone early in their accounting career who’s excited to grow quickly in the alternative investment space. You’ll become a subject matter expert in fund structures and portfolio activity as you prepare capital calls, distributions, financial statements, performance metrics, and more. It’s a fast-paced environment with direct exposure to clients, investors, and auditors, plus the opportunity to work with industry tools like Investran and Workday. You’ll collaborate closely with a smart, supportive team that values precision, ownership, and continuous learning. This role offers a clear path for advancement and the chance to build a highly sought-after skill set in private equity fund accounting. What You’ll Do: Prepare and/or review capital contribution and distribution calculations, management fee calculations, monthly cash reconciliations and supporting schedules. Prepare and review quarterly incentive allocation models for the partnerships based on the terms outlined within the partnership agreements. Prepare the partnerships’ financial statements on a quarterly/annual basis (Statements of Assets and Liabilities/Partners’ Capital, Operations, Partners’ Capital, Cash flows and Footnotes). This will also include supplemental management reports, such as performance metrics. Input investment and expense wires. Prepare quarterly invoices for portfolio companies Prepare materials for the interim and annual audit of the partnerships and establish a working relationship with the auditors. Coordinate the communication of investor notices, including distributions, capital calls, and capital balances via the clients’ investor portal application. Work closely with the client to answer investor inquiries and requests in relation to responsible partnerships. Manage timelines established with the client to ensure agreed-upon deliverables are being met. This also includes participating in weekly external calls to stay current with the client's ongoing needs and requests, including capital activity requirements at the fund and portfolio company levels. Obtain a working knowledge of all key systems, including Investran (accounting system), Workday and CRM platforms What You’ll Need: At least 1-2 years experience in accounting, with a preference for experience with private equity, partnerships, and/or alternative assets Ability to work in a dynamic, fast-paced environment Ability to handle multiple projects and meet deadlines Detail-oriented with the ability to complete tasks promptly Willingness to take on additional ad-hoc tasks and projects Ability to build and maintain advanced spreadsheets using Microsoft Excel Knowledge of Investran is a plus but not required Excellent analytical and planning skills Strong interpersonal, communication, and organizational skills with a team approach Must possess unquestionable integrity and ethics How We Care We believe people do their best work when they feel supported — personally and professionally. That’s why we offer a comprehensive benefits package that reflects our commitment to your well-being. Our perks include: 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. *Funded amount is prorated for new hires. What We’re Proud Of We’re proud of many milestones, but we’re especially honored by the recognition we’ve received for our workplace experience: Certified Great Place to Work®, based on direct feedback from our employees about trust and overall culture. Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™, highlighting our commitment to building an environment where people thrive.

The role involves preparing and reviewing capital calls, distributions, financial statements, and performance metrics for private equity funds. You will also manage client relationships, coordinate investor notices, and assist with audit preparation.

Candidates should have 1-2 years of accounting experience, preferably in private equity or alternative assets. Strong proficiency in Microsoft Excel and the ability to manage multiple projects in a fast-paced environment are required.

• Medical insurance • Dental insurance • Vision insurance • Health savings account • 401(k) employer match • Flexible paid time off • Generous holiday calendar

• Microsoft ExcelPreferred

Identified from the job description. Confirm important requirements above.

• Fund accounting
• Private equity
• Capital calls
• Distributions
• Financial statements
• Performance metrics
• Investran
• Workday
• Microsoft Excel
• Cash reconciliations
• Incentive allocation models
• Audit preparation
• Analytical skills
• Planning skills
• Communication skills
• Organizational skills
• Cash Reconciliation
• Business Metrics
• Continuous Development
• Management Reporting
• Organizational Skills
• Ability To Meet Deadlines
• Time Off Management
• Ethical Standards And Conduct
• Planning
• Accounting
• Accounting Software
• Alternative Investments
• Auditing
• Customer Relationship Management
• Management
• Investments
• Spreadsheets
• Communication
• Notetaking
• Financial Services
• Financial Statements
• Cash Flows
• Interpersonal Communications
• Invoicing
• Milestones (Project Management)
• Operations
• Performance Metric
• Private Equity
• Private Equity Fund
• Timelines
• Vision Insurance
• Detail Oriented

• Finance & Accounting
• Management & Leadership
• Administrative
• Fund Accountant
• Fund / Investment Accountant
• Accountants
• Accountants and Auditors

Minimum experience

2+ years

Posting language

English

Working hours

40 hours per week