Head of Technical Accounting

4 weeks ago


Dallas, Texas, United States Ocorian Full time
Fund Accounting Expertise:

As a key member of our Fund Services team, you will be responsible for ensuring the accurate accounting for private investment funds, including NAV calculations, financial and investor reporting. You will manage the Fund Services Dallas team's reporting calendars of deliverables and ensure client KPIs are consistently met.

Financial Reporting and Compliance:
Review and approve financial statements in compliance with GAAP. Support the provision of carried interest and waterfall calculations (including scenario analysis) services to our clients.

Audit Coordination and Technical Guidance:
Liaise with external auditors and complete all necessary reporting and investigation associated with Financial Statements and address any issues or recommendations raised. Provide expertise on accounting standards, changes in market practice and relevant regulations. Manage and mentor accounting staff, fostering professional development and ensuring team performance.

Collaboration and Process Improvement:
Work closely with the solutions team and senior leadership across Fund services to deliver strategic firm initiatives for the benefit of our clients. Identify and implement process enhancements for fund accounting and financial and investor reporting to increase efficiency and accuracy. Serve as a technical expert for our clients regarding private fund structures, supporting fund onboardings, accounting issues, reporting and inquiries.

Policies and Procedures:
Ensure effective recording of issues and risks detected in line with firm policies and relevant remedial action plans implemented to correct and prevent re-occurrence. Support profitable business growth, actively contribute to answering RFPs and commercial propositions and support the onboarding of new business. Minimum 10 years of experience in private fund accounting with proven track record of managing client centric US fund accounting teams. Bachelor or university degree in accounting, finance or equivalent. Experience working with private equity / real asset managers on US and Cayman fund structures as well as US GAAP. Experience with private market accounting systems ideally including Investran/Private Capital Suite and/or e-Front. Understanding of different private asset instruments and investment strategies and asset classes such as private equity, private debt, real estate, fund of funds and infrastructure. Experience building waterfall models and providing related scenario analysis. Ability to work under pressure and manage demanding internal and client deadlines. Ability to manage teams to deliver consistent quality client reporting within tight deadlines. Ability to demonstrate initiative and to manage and prioritise their workload. All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful. We are AGILE – We act on our initiative to get things done for our clients. We are ETHICAL – We behave with integrity at all times and assume positive intent, building trust through responsible actions and honest relationships. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.

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