FreshRemote.Work

Senior Fund Accounting Supervisor

US FL ORL Virtual

Job Description

We are FIS. Our technology powers the world’s economy and our teams bring innovation to life. We champion diversity to deliver the best products and solutions for our colleagues, clients, and communities. If you’re ready to start learning, growing, and making an impact with a career in fintech, we’d like to know: Are you FIS?

About the Team

The Fund Administration team is a growing, fast-paced business unit responsible for maintaining direct client relationships, as well as the day-to-day accounting and administration of open and closed-end funds managed by clients.

What You Will Be Doing

  • Prepare period-end financial packages including investor statements for private equity funds
  • Prepare period end financial statements and all associated disclosures under GAAP and IFRS
  • Manage overall client relationships interacting with fund financial controllers.
  • Service as escalation point for clients ensuring client satisfaction and resolving any issues raised by clients staff
  • Develop and ensure execution of action plans for remediating client issues as required
  • Liaise with internal Virtus from FIS groups, vendors, and other third-parties to ensure service levels impacting assigned clients are adequate.
  • Act as key point of contact for clients, auditors and other third parties for a defined portfolio of funds
  • Supervise staff and ensuring deliverables are prepared accurately and timely.
  • Review offering documents and agreement ensuring that funds are setup in accordance with the fund documents
  • Provide Subject Matter Expertise with respect to closed-end fund accounting and financial reporting for platform enhancements and technology development
  • Assist with client onboarding which includes, but not limited to, loading of client's tax lots, cash balance and trial balance onto the accounting platform
  • Assist in year-end audit by providing backup documentation for sampling selected by client's auditors
  • Prepare expense budget analysis and perform expense calculations
  • Maintain daily and monthly accounting records
  • Process capital commitments, calls, and distributions
  • Coordinate the preparation and distribution of the investor capital statement
  • Perform ad-hoc functions related to fund requirements
  • Ensure client month-end and reporting deliverables are satisfied
  • Work closely with clients to resolve inquiries and ensure client satisfaction

What You Bring

  • Bachelor's degree in Finance, Accounting, or related field, or equivalent combination of education, training, and work experience
  • Typically, 5-7 years of experience with financial statement preparation and private equity accounting, plus at least one year of experience in a leadership role
  • Knowledge of securities and fixed income assets
  • Working knowledge of accounting systems (Geneva, VPM) and allocations (Investran)
  • Highly proficient with Microsoft software with advanced Excel skills
  • Strong knowledge of investment company accounting, partnership accounting and investor capital allocations process
  • Strong financial reporting skills, including consolidation accounting.
  • Experience with private equity accounting principles, including knowledge of investor accounting and waterfall structures.
  • Excellent analytical and problem-solving skills
  • Strong verbal and written communication skills

What We Offer You

A career at FIS is more than just a job. It’s the change to shape the future of fintech. At FIS, we offer you:

  • A voice in the future of fintech
  • Always-on learning and development
  • Collaborative work environment
  • Opportunities to give back
  • Competitive salary and benefits

#LI-BS1 #VIRTUAL #Virtus


FIS is committed to providing its employees with an exciting career opportunity and competitive compensation. The pay range for this full-time position is $73,250.00 - $119,400.00 and reflects the minimum and maximum target for new hire salaries for this position based on the posted role, level, and location. Within the range, actual individual starting pay is determined additional factors, including job-related skills, experience, and relevant education or training. Any changes in work location will also impact actual individual starting pay. Please consult with your recruiter about the specific salary range for your preferred location during the hiring process.

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here


For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

#pridepass

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