Role in brief
BPM, an advisory and accounting firm, is seeking a Fund Accounting Supervisor to manage daily accounting operations and financial reporting for private equity, venture capital, and real estate funds. This role involves overseeing junior staff, ensuring compliance with US GAAP, and coordinating with external auditors. Experienced fund accountants with a background in private equity or venture capital and strong Excel skills are encouraged to apply.
About the role
This role focuses on the daily oversight of fund accounting and administration, ensuring accurate financial reporting for various investment funds. Key responsibilities include maintaining capital accounts, preparing financial statements in accordance with US GAAP, and managing capital calls and distributions. The supervisor will also track portfolio investments and support investor reporting.
A significant part of the position involves coordinating audit and tax processes, working with external auditors and tax advisors, and ensuring compliance with AML/KYC requirements. The supervisor is expected to review work from junior team members and fund administrators, providing guidance and technical review to maintain accuracy and timeliness.
Success in this role means proactively identifying and addressing risks and inefficiencies in accounting processes. The supervisor will contribute to improving systems and workflows, collaborating with leadership to evolve fund administration practices. This involves strong attention to detail and the ability to manage multiple priorities effectively.
The salary for this role is listed between $38,000 and $62,000 USD annually.
Skills that matter here
- Accounting: This role requires a deep understanding of accounting principles, particularly US GAAP and partnership accounting, to oversee fund operations and financial reporting.
- Finance: The supervisor will apply financial knowledge to track investments, manage capital flows, and support various financial aspects of fund administration.
- Fund Administration: Direct experience in fund administration is essential for managing daily operations, investor activity, and compliance requirements for various fund types.
- Private Equity: Specific experience with private equity funds is required to handle their unique accounting and reporting needs.
- Venture Capital: Familiarity with venture capital fund accounting is necessary for managing the specific financial characteristics of these investments.
- Excel: Advanced Excel skills are needed for financial analysis, data management, and preparing detailed schedules and reports.
Who this role suits
- Someone with at least five years of experience in public accounting, fund administration, or fund accounting.
- A professional who has two or more years of experience specifically with private equity or venture capital funds.
- An individual who is detail-oriented and capable of managing multiple tasks and deadlines concurrently.
- A leader who enjoys mentoring junior team members and improving operational processes.
From the employer
Key Responsibilities:
- Fund Accounting & Reporting
- Oversee day-to-day fund accounting and administration
- Maintain capital accounts, allocations, and detailed investor activity tracking
- Prepare capital calls, distributions, and supporting schedules
- Prepare and review quarterly and annual fund financial statements in accordance with US GAAP
- Track portfolio investments, financing, and related activity
- Review NAV calculations and supporting schedules prepared by internal teams or third-party administrators
- Support investor reporting and deliverables
- Coordinate audit and tax processes, including support, documentation, and issue resolution
- Partner with external auditors, tax advisors, and fund administrators
- Support AML/KYC requirements and maintain accurate investor records
- Leadership, Review & Process Improvement
- Review work prepared by junior team members and/or fund administrators to ensure accuracy and timeliness
- Supervise daily workflow and provide coaching, guidance, and technical review
- Assist with process documentation, internal controls, and system usage
- Proactively identify risks, inefficiencies, and improvement opportunities
- Raise concerns early, propose solutions, and collaborate with leadership on evolving fund administration processes
- Contribute ideas toward system, workflow, and operational improvements
Qualifications & Experience:
- Bachelor’s degree in Accounting or Finance
- 5+ years of experience in public accounting, fund administration, or fund accounting
- 2+ years of private equity and/or venture capital fund experience
- CPA preferred (active or in progress)
- Strong working knowledge of partnership accounting and capital accounts
- Experience supporting fund audits and tax processes
- Experience with fund accounting systems and advanced Excel skills
- Strong attention to detail with the ability to manage multiple priorities and deadlines
What we offer:
- Total rewards with flexible work arrangements and compensation options that give you choice and flexibility.
- Well‑being resources including an interactive wellness platform, EAP and mental‑health resources, and Colleague Resource Groups.
- Balance & flexibility with Firm Holidays, Flex PTO, paid family leave, winter break, summer hours, and remote work options.
- Professional development via CPA exam resources and bonuses, coaching, and BPM University classes, workshops, and seminars.
Questions about this role
What is the remote work policy for this position?
This position is fully remote, offering flexibility in work arrangements.
What level of seniority is this role?
This is a middle-seniority position, suitable for experienced professionals ready for leadership responsibilities.
What is the salary range for this role?
The salary for this position ranges from $38,000 to $62,000 USD annually.