Private Equity Managing Director – Stamford, CT

New York City based Private Equity Fund Administration Firm is looking for a Managing Director to manage Private Equity funds in their Stamford office

Primary Responsibilities Will Include:

  • Manage the relationship for a large Fund-of-Funds sponsor
  • Oversee multiple sponsors
  • Extensive hands on involvement in reviewing work papers, investments, accruals, financial statements with footnotes and investor allocations
  • Frequent communication with clients at executive level
  • Maintain working relationship with all client contacts, auditors, lawyers and banking personnel
  • Lead, direct, train and coach team of staff Accountants, Senior Fund Accountants, Associate Directors and Directors
  • Sign off on Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs)
  • 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
  • Lead and direct team of Directors and/or Associate Directors
  • Coach, 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
  • Manage special projects, when required

Job Requirements, Skills, Education and Experience:

  • 10+ 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

About The Company:

Gen II Fund Services, LLC is one of the largest global independent private equity fund administrators, administering over $350 billion of private capital on behalf of its clients with offices in New York, San Francisco, Boston, Stamford, Dallas, and Luxembourg. Gen II offers private fund sponsors a best-in-class combination of people, process, and technology, enabling fund sponsors to most 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 $350B 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

All applicants applying to Gen II Fund Services, LLC must be legally authorized to work in the United States.