Description

About the Role

Argentum (www.argentumgroup.com) is a lower middle market growth equity investment firm based in New York City seeking a Fund Accountant to join our team. Reporting directly to the CFO/COO, this role will support fund-level accounting, investor reporting, portfolio company monitoring, regulatory reporting & compliance, operational finance and administrative functions across our active fund vehicles and management company. This is an excellent opportunity for a motivated accounting professional to gain broad exposure to private equity fund operations in a lean, entrepreneurial environment with direct access to senior leadership.

Key Responsibilities

1. Prepare and review quarterly and annual financial statements for fund entities and management company in accordance with U.S. GAAP
2. Maintain general ledger accounting for fund and management company entities, including journal entries, accruals, and reconciliations
3. Calculate and process capital calls, distributions, and management fee billings
4. Support quarterly NAV calculations and partner capital account allocations
5. Assist with SBA regulatory reporting & compliance
6. Assist with the preparation of quarterly investor reports, capital statements, and ad hoc LP requests
7. Support portfolio data collection and analysis process
8. Support the annual audit process, including preparation of audit schedules and liaising with external auditors
9. Assist with tax workpaper preparation and coordination with external tax preparers (K-1s, state filings, etc.)
10. Monitor fund expenses, management fee calculations, and waterfall/carry calculations
11. Assist in the onboarding of new portfolio investments from an accounting, structuring and reporting perspective
12. Help maintain and improve internal accounting processes, controls, and systems especially implementing/using AI
13. Support ad hoc projects related to fund structuring, co-investment vehicles, or new fund launches
14. Support administrative and operational functions of management company, including payroll, benefits, etc.

Qualifications

1. Bachelor's degree in Accounting, Finance, or related field
2. 2-4 years of relevant experience in private equity fund accounting, fund administration, or public accounting (audit/assurance) with a financial services or asset management client base
3. CPA or CPA candidate preferred, not required
4. Experience with AI products
5. Strong understanding of partnership accounting, capital allocations, and U.S. GAAP for investment funds
6. Proficiency in Quickbooks (or similar accounting software), and PowerPoint
7. High attention to detail and strong organizational skills, with the ability to manage multiple priorities and deadlines
8. Strong interpersonal, written and verbal communication skills; comfortable interacting with investors, auditors, and senior leadership
9. Self-starter mentality suited to a small-team environment with significant ownership and minimal hand-holding

What We Offer

1. Competitive base salary, discretionary bonus and benefits
2. Direct exposure to all aspects of the fund operations, from administration to investing
3. Meaningful ownership over processes in a growing platform
4. Collaborative, low-bureaucracy culture with strong mentorship from senior finance and investment professionals