Management Company - Accounting Manager

Petra Funds Group is a single source provider for the fund administration and fund infrastructure needs of Private Equity and Debt Funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.

Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who have spent years working inside of asset managers is what truly differentiates us.

Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.

• →Oversee and review all aspects of Management Company Accounting across an assigned client portfolio, including Holdings and GP-level entities
• →Review and approve calculation and recording of Revenues and Expenses, ensuring proper allocation methodology is applied
• →Oversee client payables processes and third-party vendor payments, ensuring adequate controls
• →Review cash transaction recording and bank reconciliations prepared by staff
• →Review and finalize client financial statements and supporting workbooks at the Management Company, Holdings, and GP levels before client delivery
• →Serve as the senior liaison with Fund Administration teams, maintaining due to manager records and reporting, and resolving escalated issues
• →Oversee Portfolio Company invoice preparation for reimbursement
• →Lead the annual audit and 1099 processes for assigned clients, serving as primary contact for auditors
• →Own closing calendars and client meeting agendas, holding the team accountable to deadlines
• →Identify and implement process efficiencies and best practices across the client portfolio
• →Support onboarding of new clients and staff training on Management Company Accounting processes

• Bachelor's degree in accounting; CPA preferred
• 6-8+ years' experience in accounting, with meaningful exposure to Alternative Asset Management, fund administration, or Big Four
• Prior experience reviewing the work of junior staff and/or direct people management experience
• Strong understanding of the full accounting close cycle, including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, and T&E
• Proficient in accounting systems; prior experience with Sage Intacct a plus
• Demonstrated ability to manage multiple client relationships concurrently, including presenting to and advising senior client stakeholders
• Strong organizational, leadership, and communication skills
• Team-first mentality with a track record of developing others
• Desire to build and lead a growing accounting function

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.