Fund Accounting Lead

Infinit-O · Pasay City Central Post Office, Philippines · 1 month ago

Seniority: Lead
Employment: Full time
Category: Finance
Experience: 1+ years

Infinit-O is the trusted, customer-centric, and sustainable leader in Business Process Optimization. We empower finance and healthcare organizations to thrive in a digital-first world by combining specialized industry expertise and innovative technology for 20 years.

We navigate complex industry landscapes to drive transformative outcomes, helping businesses streamline operations, enhance customer experience, and achieve sustainable growth backed by a world-class Net Promoter Score of 75. Our approach combines operational efficiency with a human-centered ethos, ensuring sustainable value creation for our clients and team members.

As a Certified B Corporation, Infinit-O is committed to the highest standards of social and environmental performance, accountability, and transparency. We embed these values into every aspect of our operations—aligning business success with a positive impact on our clients, people, and communities.

Our commitment to Diversity, Equity, and Inclusion (DEI) is integral to our mission. We believe that building inclusive, equitable teams is not only the right thing to do—it is also essential for driving innovation and better business outcomes. We actively promote equal opportunity through inclusive hiring practices, continuous learning programs, and regular equity assessments to ensure a fair and empowering workplace for all.

Key Responsibilities:

Role Overview

We are seeking a highly skilled and analytical Fund Accounting Lead to drive financial excellence across our Private Equity funds. In this role, you will act as a strategic partner to Fund Controllers, providing them with institutional-grade data, transparency, and reporting. As a team lead, you will oversee a dedicated team of fund accountants, ensuring data integrity, operational efficiency, and top-tier client service while actively identifying and implementing process improvements to optimize our accounting ecosystems.

Key Responsibilities:

Oversee the end-to-end calculation and production of Net Asset Value (NAV). Perform and review comprehensive cash, position, and Trial Balance reconciliations against fund administrators, custodians, prime brokers, and bank accounts to resolve breaks efficiently.
Review allocation of income, expenses, gains, and losses across partner accounts. Review quarterly and annual Partner Statements to ensure accurate tracking of paid-in capital, unfunded commitments, and clawbacks.
Oversee complex Private Equity lifecycles, including:

Execution and calculation of capital calls, drawdowns, and distributions.
Verification of complex waterfall models, distribution rules, preferred returns, and carried interest calculations.
Pre- and post-closing transaction support for new portfolio investments.

Lead month-end close workflows and drive quarter-end and year-end financial statements review, ensuring all supporting schedules and trial balances are accurate and audit-ready.

Critically evaluate existing accounting workflows, reporting cycles, and system integrations to uncover inefficiencies, manual bottlenecks, or operational risks.
Develop scalable, automated, or streamlined standard operating procedures (SOPs) to address identified gaps and enhance delivery speed and data accuracy.
Lead the implementation of new accounting tools, technologies, and optimized workflows, ensuring smooth adoption across the team and seamless delivery to clients.

Drive leverage for our clients by deeply understanding their fund structures and strategic needs while scaling our fractional CFO and advisory operations.
Enable data-driven decision-making for fund managers by leveraging advanced tools to deliver critical PE metrics, including real-time Internal Rate of Return (IRR), portfolio company valuation tracking, and key performance indicators (TVPI, RVPI, and DPI).

Define, monitor, and manage the team’s Key Performance Indicators (KPIs) to ensure accurate and timely deliverable timelines.
Conduct daily and monthly quality control reviews of work processes to ensure institutional-grade reporting accuracy and zero-defect deliverables.
Mentor, guide, and upskill team members. Provide creative problem-solving frameworks to help them navigate complex private equity accounting scenarios and adapt to newly optimized processes.
Monitor daily operational workflows, analyze performance variances against targets, and execute root-cause analysis to implement permanent process improvements.
Collaborate in the hiring, selection, onboarding, and continuous training of new team members to support team growth.

Requirements

Job Requirements and Credentials:

5+ years of experience in fund accounting or fund administration, with a strong focus on Private Equity or closed-end fund structures (experience with capital calls, waterfalls, and NAV reconciliations is required).
Proven track record of successfully identifying accounting process gaps and implementing operational optimizations or financial technology solutions.
1–3 years of direct supervisory or team management experience, with a track record of reviewing the work of direct reports.
Highly organized with impeccable attention to detail and a track record of meeting strict financial deadlines.
Bachelor’s degree in Accounting, Finance, or a related field. CPA or progress toward a CPA/CFA is a significant plus.
Proactive, curious, and driven to dismantle inefficient legacy processes in favor of scalable, modern solutions.
Genuinely passionate about delivering exceptional client service and supporting the growth of our partners.
Excited by new challenges, highly responsive, and capable of managing competing priorities in a fast-paced environment.
Proven ability to articulate highly technical, complex financial and accounting concepts in a clear, concise manner.

Requirements

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