Director, Fund Accounting, Private Equity

MUFG Investor Services is seeking a Director, Fund Accounting, Private Equity in our Tampa, Florida office. The qualified individual will join a highly detail-oriented team responsible for overseeing fund accounting and administration services for private equity clients. This role will manage and develop a team of Fund Accountants to ensure all client deliverables are completed accurately and on time in accordance with applicable requirements.

Responsibilities

Reporting to the Executive Director, Nexus, Client Delivery, a list of responsibilities includes, but are not limited to:

• Provide the full range of fund accounting and administration services to private equity fund clients, including Net Asset Value (NAV) preparation and review, custody servicing, investor record keeping and reporting
• Manage a team of Fund Accountants in performing accounting and administration service delivery to customers and train staff on all aspects of the NAV process
• Work with banks, auditors, brokers and custodians to ensure smooth service delivery to customers and completion of NAV
• Approve fee schedules including calculation of management and carried interest, ensuring all calculations follow applicable fund documents
• Review and approve investor allocations for each NAV cycle, waterfall calculation and reviews, custody trading documents, Subscription and process Capital Calls and distributions wires, ensuring execution as instructed by clients and deadlines are met
• Work with both the internal AML team, and the administrators, ensuring all AML requirements are met
• Respond to all client queries
• Review and sign any schedules, reports and files for review ensuring they are completed in compliance with organization controls
• Resource Allocation to ensure that all work is carried out and Service level agreement met
• Approve payment of fund expenses in applicable banking systems, ensuring controls are followed
• Help with preparation and review of audited financial statements and annual audit
• Review reporting for the regulatory authorities
• Establish fund or client specific procedures covering all aspects of our services; Ensure cross training and cover in place for all services provided to client
• Help with the growth of the local office
• Create ideas for improving the NAV process, technological improvements and client reporting
• Participate in multiple system initiatives and projects

Qualifications and Skills

• Post-secondary education/Bachelor’s degree with a concentration in finance or accounting
• Have a minimum of 12 years’ progressive fund administration experience in servicing a Private Equity and/or Private Debt Clients
• In-depth understanding of the private equity fund administration industry. This includes multiple fund structures, fee calculations, financial instruments and fund offering documentation review
• Experience managing staff. This can include other administrators, investment managers or fund auditors
• High proficiency with Microsoft Excel is an essential requirement for this role. Experience with fund accounting software Geneva, Investran or Yardi or working knowledge of Bloomberg would be beneficial
• Completion or interest in a professional accounting designation (CA, CGA, CMA, ACCA, ICAEW, CFA (or equivalent) an asset

Annual Salary Range: $130,500 – $191,400

We offer our employees a stimulating environment where they can learn and grow as an accounting professional and are able to advance their career. This opportunity offers an excellent benefits package which includes medical, dental, vision, 401(k) with company match, tuition reimbursement and much more.

How to apply for your next Brilliantly Different opportunity:

• Interested candidates should forward their resume to [email protected]
• Please quote the position title in the subject of your email.

We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted.

At MUFG Investor Services, we use Artificial Intelligence (AI) tools to help identify skills and experience that align with role requirements. All AI recommendations are reviewed by our recruitment team before any decisions are made.

For information on additional open positions, take a look at our careers site and you’ll find everything you’d expect working with one of the fastest-growing businesses at one of the world’s largest financial groups. Now take another look. Because it’s how we defy expectations that really defines us. You’ll feel that difference in all kinds of ways.  Our vibrant CULTURE. Connected team. Love of innovation, laser client focus.

MUFG Investor Services (US), LLC is an equal opportunity employer.