Assistant Vice President - PE Fund Accounting

About Waystone  

Waystone is a leading asset-servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years’ experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion.

Summary:

Reporting to the Vice President, the Assistant Vice President will play a key role in the oversight and delivery of private equity fund accounting services, acting as a subject matter expert, supporting strategic client relationships, mentoring team members, and ensuring the highest standards of operational excellence and client service.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Review and understand Fund documents and structures to ensure proper application of accounting and reporting obligations


• Prepare and review fund accounting deliverables to ensure accuracy and timeliness


• Prepare and review waterfall calculations and liaise with Investor Services team in relation to capital calls and distributions


• Complete daily internal requirements and sign-off prior to the end of the day


• Prepare and review the annual financial statements, supporting information in relations to the year-end audit


• Ensure assigned internal and external deliverables are met


• Develop and maintain strong relationships with fund managers, auditors, depositaries and other stakeholders


• Contribute to team objectives and continuous improvement initiatives


• Work independently on assigned tasks and escalate issues where appropriate


• Support system enhancements, testing, process improvements and automation initiatives


• Act as day-to-day contact for assigned client relationships


• Provide day-to-day supervision and support to junior team members


• Provide guidance and support to junior members of the PE accounting team

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION

• Bachelor's degree in Finance, Economics, Business, Technology or related field.


• Minimum 6 years' experience in private equity fund administration, including experience reviewing complex fund structures, leading client relationships and supporting junior team development.

EXPERIENCE

• Technical Proficiency: 
  
  
  
  • Strong knowledge of Investran (including Database, Reporting, and Enterprise modules).
  
  
  • Strong understanding of private equity waterfall calculations, carried interest models and complex fund structures.
  
  
  • Advanced Microsoft Excel skills.
  
  
  
  

• Industry Knowledge: 
  
  
  
  • Strong knowledge of private equity, real estate funds, and fund accounting operations.