Associate Director/Assistant Vice President - San Francisco

Job Description:

National Private Equity Fund Administration Firm is looking for an Associate Director / Assistant Vice President for its San Francisco office to manage Private Equity funds.

Primary responsibilities will include:

  • Work closely with the Director/ Managing Director managing daily Fund Operations
  • Manage the operations and accounting of an existing fund independently
  • Ability to interface and manage a client/ business with limited guidance
  • Familiar with LPA and other Governing documents. Able to extract key economics, compile, and document a thorough Summary with limited guidance
  • Able to supervise staff if required by client and team
  • Oversee and provide guidance on the initial set up of the Clients Funds deliverables (capital calls, distributions, financial statements, waterfalls, IRRs) and perform thorough, in-depth review and sign off prior to Director/Managing Director review
  • Perform multiple levels of review/analyses of Financial Reports/Capital Events and Private Equity Complex Transactions (depends on client and team)Job Requirements, Skills, Education and Experience:

Job Requirements, Skills, Education and Experience:

  • Bachelor’s degree in Accounting – Public/Private CPA Preferred
  • 4+ years of relevant Private Equity Fund/Investment Company Accounting & Reporting experience
  • Ability to learn on-the-job quickly, apply learning to clients and recommend solutions to issues
  • Ability to quickly adapt to changes in processes and procedures in a rapidly changing environment
  • Sound knowledge of Investment Company Accounting (ASC 946), Economics (Waterfalls and Allocations), Fund Structure (Corporate, Partnership, Tax Blockers, etc. within an Organization Chart) / Investor Classifications
  • Sound knowledge of types of Reporting for Investment Funds / Investment Companies and Investors in US GAAP (ASC 946) and IFRS Ability to Prepare and review
  • Sufficient knowledge and hands on experience with governing documents, such as LPAs, Mgmt. Advisory Agreements, Side Letters, Separate Fee agreements, etc.
  • Hands on experience accounting/audit of private equity funds (including blockers, Parallel, SPV, AIV, Co-Investment Vehicles) management companies, and other related vehicles
  • Excellent verbal, written and interpersonal communication skills.
  • Strong attention to detail and accuracy
  • Superior problem solving, judgment and decision-making skills
  • Ability to think independently, prioritize, multi-task and meet deadlines.
  • Extensive Microsoft suite skills - Excel (pivots), Word, PowerPoint and Outlook 

About the Company:

Gen II Fund Services, LLC ("Gen II") is an independent specialist provider of highly customized accounting and administrative solutions to private equity industry sponsors and investors worldwide. Gen II offers the best in class combination of people, process and technology, enabling GPs to most effectively manage their operational infrastructure, financial reporting and investor communications. We differentiate ourselves through the experience and expertise of our professionals, founder access, and the highest level of client satisfaction.

Gen II’s founders, Norman Leben, Steven Millner, and Steven Alecia pioneered the private equity administration business. Founders of DML and BISYS Private Equity Services, they are widely known and respected experts within the industry and credited with the advent of many of today’s industry “best practices”.

Gen II was recognized as the best performing firm in the industry by Global Custodian Magazine in their annual survey of Private Equity Fund Administrators.

Key facts:

  • Administering over $150B in assets
  • Servicing nearly every significant investor in the asset class
  • Institutional grade infrastructure and SSAE 16 (SOC-1) certification, ensuring confidence in our processes and operating model
  • The most experienced and best performing team in the industry 


To Apply CLICK HERE.