Job #680: Associate Director of Private Equity Funds - New York, NY (1-31-18)

  • Job Title: Associate Director of Private Equity Funds
  • Location: New York, NY
  • Salary: up to $180,000 base + bonus

Job Description:

The Associate Director of Private Equity Funds will lead a team responsible for transaction processing, proper application of accounting principles to complex transactions, and financial reporting, for private equity fund clients.

The Associate Director will be responsible for a broad spectrum of financial and accounting matters affecting Private Equity clients. The incumbent should have a strong background in accounting for alternative investment funds, with a focus on private equity, proven client management skills, and the ability to manage and lead a team in monitoring client deliverables and meeting deadlines. Additionally, the Associate Director is responsible for exercising sound judgment regarding the proper application of accounting principles to complex transactions.


  • Manage multiple fund relationships, including scheduling and meeting all client deliverables
  • Maintain/manage client expectations and coordinate deliverables timelines with staff
  • Demonstrate strong knowledge of accounting, specifically with respect to alternative investment funds, with a focus on private equity funds
  • Participate in new business discussions with prospects and existing clients
  • Prepare and maintain goals and career development plans for all direct reports
  • Prepare semiannual performance appraisals and discussions for all direct reports
  • Provide guidance and direction to staff on all technical and client-service-related topics
  • Review fund governing documents, offering documents, subscription documents, side letters, and investment management agreements, in order to ensure proper application of fund terms
  • Review all transaction documentation and supporting files, and understand the features of the investment transactions, accruals, etc.
  • Review work paper files for accuracy and completeness, including capital activity, investment activity, income and expense accruals, valuation adjustments, etc.
  • Review management fee calculations, including offsetable amounts, management fee waiver contributions, etc.
  • Review investor allocations and capital account statements
  • Review capital call and distribution calculations, sources/uses of cash, allocations, and investor notices
  • Create, maintain, and/or review distribution waterfall (carried interest) models, in keeping with the applicable fund terms
  • Prepare and/or review financial statements, notes disclosures, and supporting schedules
  • Develop/maintain robust review procedures around deliverables
  • Manage the year-end audit process, in collaboration with the client and auditors
  • Where applicable, support the tax team with information to prepare tax compliance/reports
  • Help develop and support targeted, continuing education for all direct reports
  • Support corporate goals and business/departmental initiatives

Interested candidates should William Fine at:  Please mention that you are a member of EisnerAmper's Friends of the Firm program.  Make sure to copy Nkrumah Pierre;, and Jennifer Rosener; on your email.