Fund Accounting Manager

Chesapeake Search Partners is seeking a Fund Accounting Manager for our client who is an independent global investment manager focused on the transportation industry. This position manages the daily accounting operations of closed-end funds, ensuring the accuracy and timeliness of financial close processes, reporting, and investor deliverables.

*Can work hybrid out of Annapolis or Baltimore*

Responsibilities:

• Support Fund/Asset Management team in ensuring fund reporting is in compliance with partnership agreements, including an understanding of key deal terms and influence on reporting.
• Support Fund/Asset Management in understanding the consolidated financial results through analysis and preparation of variance analysis.
• Manage fund-level cash flow needs, including cash available for distribution to investors, as needed.
• Oversee monthly close activities for all non-property entities within the Fund structures and ensure accuracy and timeliness of completion of consolidated results.
• Directly responsible for overseeing the completion of quarterly and annual compliance reporting.
• Oversee drafting of the financial statements for the fund(s) and ensure compliance with GAAP.
• Oversee drafting and ensure accuracy of fund investor report(s), including support for all schedules.
• Responsible for fund-level debt compliance, including average interest rate calculation for reporting.
• Oversee completion of recurring supplemental fund reporting and ad-hoc information requests.
• Oversee preparation of annual budgets/reforecasts for all non-property entities.

Qualifications:

• Bachelor’s degree in Accounting/Finance required
• CPA required, MBA preferred
• 4-7 years of experience required, preferably within private equity fund accounting
• Real estate experience preferred
• Public accounting experience is a plus