Managing Director

New York City based Private Equity Fund Administration Firm is looking for a Managing Director to manage Private Equity fund clients.

Primary Responsibilities Will Include :

• Lead, direct, train and coach team of Directors and / or Associate Directors
• Client Relationship Management
• Oversee multiple sponsors
• Review work product to ensure quality of client deliverables
• Manage your team to improve efficiency and ensure timeliness of all client deliverables
• Read Limited Partnership Agreements and summarize sections relevant to accounting, comment / summarize items that need to be addressed with client or client's legal team
• Maintain working relationship with all client contacts, auditors, lawyers and banking personnel
• Participate in prospect (new business) meetings
• Mentor, train and develop team members to support internal team growth
• Participate in firm-wide trainings
• Ensure that billing is done in accordance with service agreements and out of scope projects are identified and properly billed

Job Requirements, Skills, Education and Experience :

• 12+ years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution where the candidate has gained PE financial products knowledge
• 7+ years of supervisory, client management and project management experience
• Bachelor's degree in Accounting, Finance, or Economics
• Hands-on experience in preparing subsequent closings, waterfalls, setting up deferred and current tax calculations, setting up consolidations and setting up financial statements with footnotes
• Very comfortable in understanding and navigating through Partnership Agreements, legal documents and Investment Agreements
• Advanced knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in US GAAP and IFRS
• Ability to learn on-the-job quickly, apply learning to clients and recommend solutions to issues
• Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment
• Excellent verbal, written and interpersonal communication skills
• Strong attention to detail and accuracy
• Superior problem solving, judgement and decision-making skills
• Ability to think independently, prioritize, multi-task and meet deadlines
• Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint and Outlook
• Strong leadership skills and management skills

The salary range for this position is $180,000-$250,000, in addition to a discretionary bonus and comprehensive benefits package.

Please note that the actual salary offered within that range will depend on the candidate's experience level.

Work Arrangement

All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States. Please note that all US employees are required to work a hybrid schedule, comprised of two (2) days a week in our office and three (3) days remotely.

About the Company

Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $1 trillion of private capital on behalf of its clients with offices in New York, San Francisco, Boston, Stamford, Dallas, Denver, Vancouver, London, Southampton, Dublin, Jersey, and Luxembourg.

Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to effectively manage their operational infrastructure, financial reporting, and investor communications.

The Gen II team is the most experienced and longest tenured team in the private equity fund administration industry, with broad expertise across buyout, funds of funds, real estate, energy, infrastructure, credit, co-investment, hybrid funds, feeder funds, venture capital, retail, and managed accounts.

Key Facts :

• Administering over $1T in assets
• Servicing nearly every significant investor in the asset class
• Institutional grade infrastructure and SSAE 18 (SOC-1, Type 2) certification, ensuring confidence in our processes and operating model.
• The most experienced and best performing team in the industry.

https : / / gen2fund.com / candidate-privacy-statement /

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.

However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)