Portfolio Careers

Job openings across the Race Capital portfolio companies.

Senior Director Fund Accounting, Private Equity & Venture Capital



Accounting & Finance, Sales & Business Development
United States · Remote
Posted on Saturday, January 7, 2023


This position will report to the COO of Fund Administration Services. The Senior Director will be responsible for overseeing the operations and functions of the PE/VC Client Services department focusing on technical expertise, communication, accuracy and timeliness. In addition, the Senior Director will be required to develop relationships with top-tier clients; coach and mentor direct reports; and monitor team profitability, capacity and adherence to core processes and procedures. The team currently consists of 30-40 people; approximately 60+ clients with over 200 reporting entities. The ideal candidate has 15+ years of experience in fund administration, direct fund operations and/or related public accounting work.

Essential Job Functions

  • Manage and monitor department utilization, client profitability, team capacity and timing and quality of client deliverables.
  • Oversee operations of the department and predict key measurables far enough in advance to either course correct or petition for necessary resources to stay on track.
  • Oversee the creation of overall work plans for fund accounting staff; monitor work in progress on all engagements.
  • Liaise with the Client Success team to ensure a smooth transition from the sales process to ongoing client service.
  • Lead technology improvements and guide the development of necessary tools.
  • Actively participate in the leadership of fund administration services.
  • Provide technical assistance to team members with a high degree of competency and serve as a resource on client and internal personnel matters.
  • Develop trusting relationships with top-tier clients to gain a full understanding of their firm, overall strategy and structure.
  • Review and consult on key legal fund documents.
  • Ensure that teams have necessary resources to service the most complex engagements.
  • Partner with other senior directors and directors to help ensure consistent deployment of fund services.
  • Resolve escalation matters in a mutually beneficial manner to maintain alignment on overall expectations.
  • Ensure that all core processes are followed consistently across the entire PE/VC client services team.
  • Ensure teams adhere to the fund documents and assess areas of risk.
  • Actively participate in the consistent improvement of tools, training and processes as it relates to the portfolio accounting process for all types of investments, including digital assets and cryptocurrency.
  • Stay up-to-date on accounting pronouncements within the digital assets ecosystem.
  • Ensure adherence to the core annual audit process, including the preparation of annual financial statements.
  • Assist with the career development of team members.


  • CPA preferred
  • Minimum of 5 years’ experience in a leadership role and 10+ years’ managing a staff of accountants
  • 15+ years’ experience working in fund administration, for a private equity/venture capital firm or on audits for closed-end funds
  • Advanced industry knowledge of U.S. Generally Accepted Accounting Principles (GAAP)
  • Working knowledge of digital assets and cryptocurrency preferred
  • Preferred experience with Allvue, Investran or similar fund accounting software