Fund Accounting Analyst – PE

Career Launch AI

New York, NY

JOB DETAILS
SALARY
$140,000–$185,000
SKILLS
Accounting, Accounting Close, Accounting Software, Accounting Standards and Regulations, Administrative Skills, Artificial Intelligence (AI), Asset Management, Automation, Call Monitoring, Capital Accounting, Cash Flow, Communication Skills, Cross-Functional, Data Modeling, Detail Oriented, Document Management, Documentation, Economics, Equity Securities, External Audit, Finance, Financial Audit, Financial Modeling, Financial Reporting, Financial Statements, Fund Accounting, General Ledger Accounting, Generally Accepted Accounting Principles (GAAP), Hedge Funds, Interviewing Skills, Investment Accounting, Investment Analysis, Journal Entries, Microsoft Excel, Operations Processes, Organizational Skills, Presentation/Verbal Skills, Private Funding, Process Improvement, Process Management, Reconciliation, Regulatory Reports, Regulatory Submissions, Software Administration, Systems Administration/Management, Time Management, Writing Skills
LOCATION
New York, NY
POSTED
7 days ago

Fund Accounting Analyst – Private Equity

Career Launch AI Talent Network
Location: New York, NY (Hybrid)
Type: Full-Time
Compensation: $140,000 – $185,000 total compensation (varies by employer)


About This Role

This Fund Accounting Analyst – Private Equity description represents the type of early-career fund accounting and finance roles featured on the Career Launch AI Private Job Board.
It is not a direct job opening with a specific employer.

Members of our platform gain access to exclusive private equity and alternative investment roles that may not appear on public job boards. Career Launch AI provides tools and support to help candidates reach hiring managers, prepare for interviews, and pursue high-caliber finance opportunities across fund operations, accounting, and reporting functions.

More information is available at careerlaunch.ai.


About the Opportunity

Private equity firms within the Career Launch AI network—particularly lower middle-market and growth-oriented managers—may seek a detail-oriented Fund Accounting Analyst to support fund-level accounting, financial reporting, and operational processes.

Individuals in roles like this work closely with fund controllers, operations teams, and third-party administrators to ensure accurate books and records, timely reporting, and compliance with private equity accounting standards. The role offers strong exposure to private fund structures, capital flows, and lifecycle events.


Day-to-Day Responsibilities

Fund Accounting & Financial Close

  • Support monthly and quarterly fund closes, including journal entries and account reconciliations

  • Maintain accurate general ledger records for private equity funds and related entities

  • Assist with NAV calculations and supporting schedules

Capital Activity & Cash Flow Tracking

  • Track capital calls, distributions, management fees, and fund expenses

  • Reconcile investor capital accounts and cash movements

  • Support waterfall calculations and allocation schedules

Financial Reporting & Audit Support

  • Prepare fund-level financial statements in accordance with GAAP and private equity standards

  • Assist with audit and tax processes, including coordination with external auditors and advisors

  • Support preparation of financial data for investor reports and regulatory filings

Portfolio & Valuation Support

  • Assist with quarterly valuation processes and documentation

  • Maintain cost, fair value, and investment-level accounting records

  • Support reconciliation between investment data, valuation models, and accounting systems

Process Improvement & Systems

  • Maintain accounting data across internal systems and third-party platforms

  • Identify opportunities to improve accounting workflows, controls, and documentation

  • Support implementation of process enhancements and system upgrades


What Makes This Work Engaging

  • Exposure to private equity fund structures and lifecycle events

  • Hands-on involvement in NAV, capital activity, and audit processes

  • Close collaboration with investment, operations, and external service providers

  • Strong foundation for careers in fund accounting, fund finance, or private capital operations


Ideal Candidate Profile

This profile reflects competencies commonly sought for fund accounting roles within private equity firms.

Education & Technical Skills

  • Bachelor’s degree in Accounting, Finance, Economics, or related field

  • Strong Excel skills and comfort working with reconciliations and financial schedules

  • Solid understanding of accounting principles (GAAP)

  • Familiarity with private equity fund structures, capital accounts, and valuations is a plus

Experience (Formal or Informal)

  • Prior internships or experience in fund accounting, audit, transaction services, or asset management is beneficial

  • Exposure to private equity, hedge funds, or alternative investments is a plus

Soft Skills & Mindset

  • High attention to detail and strong organizational skills

  • Ability to manage recurring close cycles and deadlines

  • Clear written and verbal communication skills

  • Reliable, process-oriented, and comfortable working cross-functionally

  • Coachable and eager to develop technical expertise in private capital accounting


How Career Launch AI Helps Candidates Access Roles Like This

Career Launch AI is a career acceleration platform supporting candidates pursuing competitive fund accounting and private capital roles.

AI-Powered Job Search Automation

  • Automated applications to a large volume of relevant roles with tailored resumes

  • Targeted search across private equity, asset management, and alternative investments

Recruiter & Hiring Manager Outreach

  • Human-led outreach to relevant recruiters and decision-makers

  • Support initiating conversations beyond traditional job portals

Execution & Tracking Support

  • Streamlined systems to manage applications and outreach

  • End-to-end administrative support during the search process

Interview & Role Preparation

  • Assistance with fund accounting, NAV, and private equity technical interviews

  • Support with behavioral and accounting-focused interview readiness

Continued Support

  • Ongoing guidance provided throughout the hiring process


Learn More or Apply

To access roles of this kind through the Career Launch AI platform, visit:
careerlaunch.ai

Career Launch AI offers access to a curated job board, personalized outreach support, automated application tools, interview preparation, and continued assistance until placement.

Career Launch AI — Powered by Initio Capital
8 The Green, Dover, Delaware 19901 | admin@careerlaunch.ai

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