Fund Accounting - Senior Fund Accountant | Halifax

Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.

Petra is made up of highly experienced professionals across the North America and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who've spent years working with asset managers is what differentiates us.

Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.

A Senior Fund Accountant at Petra plays a critical role in delivering high-quality fund accounting and client service to private equity fund service clients. This position is responsible for overseeing core accounting and reporting processes, including capital activity, allocations, fee calculations, cash management, and financial statements, while serving as a trusted day-to-day contact for clients. The role partners closely with junior team members, providing review, guidance, and mentorship, and collaborates with fund leadership on complex accounting matters, audits, and client requests. Success in this role requires a strong understanding of private equity fund structures, excellent attention to detail, and the ability to balance technical execution with a client-first, team-oriented approach that reflects Petra’s commitment to service and quality.

• →Prepare and/or review capital contribution and distribution calculations, management fee calculations, monthly cash reconciliations, expense schedules, and income calculations.
• →Prepare and review quarterly incentive allocation models for the partnerships based on the terms outlined within the partnership agreements.
• →Prepare the partnerships’ financial statements on a quarterly/annual basis (Statements of Assets and Liabilities/Partners’ Capital, Operations, Partners’ Capital, and Cash flows). This can also include supplemental management reports, such as performance metrics.
• →Prepare materials for the interim and annual audit of the partnerships and establish a working relationship with the auditors.
• →Coordinate the communication of investor notices, including distributions, capital calls, and capital balances via the clients’ investor portal application.
• →Work closely with the client to answer investor inquiries and requests in relation to responsible partnerships.
• →Manage timelines established with the client to ensure agreed-upon deliverables are being met. This also includes participating in weekly external calls to stay current with the client's ongoing needs and requests, including capital activity requirements at the fund and portfolio company levels.
• →Obtain a working knowledge of all key systems, including Investran Live (accounting system) and CRM platforms

• At least 3 years experience in accounting, with a preference for experience with private equity, partnerships, and/or alternative assets
• Ability to work in a dynamic, fast-paced environment
• Ability to handle multiple projects and meet deadlines
• Detail-oriented with the ability to complete tasks promptly
• Willingness to take on additional ad-hoc tasks and projects
• Ability to build and maintain advanced spreadsheets using Microsoft Excel
• Knowledge of Investran Live and
• Excellent analytical and planning skills
• Strong interpersonal, communication, and organizational skills with a team approach
• Must possess unquestionable integrity and ethics
• Undergraduate degree in accounting, finance, or business
• CPA is a plus but not required

At Petra Funds Group, competitive compensation will be commensurate with qualifying factors such as qualifications, experience, and skills.