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Fund Accountant, Associate I, Private Equity/Venture Capital



Accounting & Finance
Posted on Thursday, November 3, 2022

Fund Accountant, Associate I, Private Equity & Venture Capital

MG Stover’s Associates in the Fund Accounting groups are responsible for carrying out our client engagements according to the terms of our SLAs and report directly to their assigned engagement Senior Associates and Managers. Associates are involved with all aspects of the client engagement and are critical to the success of the company. The ideal candidate will possess experience auditing investment funds or performing investment fund accounting.


  • Prepare and maintain the accounting data for approximately 1-10 client engagements
  • Ensure all client deliverables are prepared accurately and with a high level of quality
  • Reconcile all portfolio and cash activity to source data
  • Ensure fund expenses are accrued timely and in accordance with GAAP
  • Prepare/review investor allocations and ensure fee/allocations are booked accurately
  • Prepare monthly Net Asset Value reporting while following the established accounting procedures and controls
  • Draft annual financial statements and coordinate year end audit with client and independent auditors
  • Keep an accurate time log and maintain efficient work standards to ensure profitability of engagements
  • Identify and track inefficiencies caused by client issues, or other matters and communicate challenges faced.
  • Demonstrate integrity and professionalism in all interactions with clients and other members of the firm.

Compensation Package

  • Base compensation between $55,000 - $62,500
  • Stock options
  • Up to 10% discretionary bonus
  • Unlimited Paid Time Off (PTO) annually
  • 10 paid holidays
  • Medical, Dental, and Vision
  • Employer-provided Life Insurance and Accidental Death and Dismemberment {AD&D} insurance
  • CPA Bonus & CPE expense coverage

Education and Requirements

  • Bachelor's degree in Accounting or Finance
  • Preferred CPA or CPA candidate
  • Preferred Experience with investment fund auditing or accounting
  • Internship or experience in industry a plus

About the Firm:
MG Stover & Co. is fast growing financial services firm headquartered in Denver with additional offices in NYC, Halifax and San Francisco. We provide portfolio, financial and investor accounting & reporting services to investment entities including hedge funds, fund of funds, private equity & venture capital funds, as well as family offices and broker dealers. As a company focused exclusively on serving the needs of the global alternative investment community, we provide the technical expertise and high-touch service that investment managers should expect from their service providers.