VP, Closed-end Fund Accounting — Greater Los Angeles, California | Pacific Executive Search

VP, Closed-end Fund Accounting

(Job ID: 1909)

Greater Los Angeles, California

Hybrid

Direct Hire

Fin Serv - Venture Ca

$160,000 – $225,000 base

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Overview

As the Vice President of Closed-end Fund Accounting, you will play a pivotal role in overseeing the financial integrity of multiple closed-end funds and separate accounts within the Private Equity Strategies. This position offers a unique opportunity for career advancement in a dynamic environment that values collaboration, innovation, and diversity of thought. You will be part of a culture that emphasizes professional development, community engagement, and a commitment to excellence.

Responsibilities

Supervise Accounting Managers to ensure accurate maintenance of books and records for closed-end funds and separate accounts.
Oversee the monthly closing process, including pricing, portfolio data reconciliation, management fee calculations, and expense accruals.
Review quarterly and annual financial statements in compliance with U.S. GAAP.
Ensure adherence to financial reporting controls and documentation requirements under Sarbanes-Oxley.
Conduct research on technical accounting guidance and implement new accounting pronouncements as needed.
Review performance calculations for funds and clients, ensuring accuracy and compliance.
Assist in preparing ad-hoc requests from Client Services and the Investment Team, providing timely and accurate information.

Qualifications

Must-Have:
A minimum of 13-15 years of accounting experience in the financial services industry, preferably in investment management.
Strong knowledge of reconciliation, account analysis, and investment company accounting rules.
Experience with back leverage facility/financing structures and investment exclusion rights/participation.
Proficiency in Microsoft Excel and Word; experience with Geneva and/or Geneva World Investor accounting systems is a plus.
Bachelor’s degree in Accounting or Finance; CPA is a plus.
Nice-to-Have:
Knowledge of season and sell strategy/treatment.
Familiarity with Investran.
Solid analytical skills with the ability to resolve complex problems effectively.

Frequently Asked Questions

Why do Accounting Manager hires fail?
Because companies hire for close execution when the real need is issue ownership and team leadership. Many candidates can manage a checklist. Far fewer can stabilize the function under pressure, improve weak processes, coach staff, and hold the line during audit, turnover, or reporting stress.
What are strong Accounting Manager candidates evaluating during the interview process?
They are usually trying to understand whether they are walking into a stable environment, a cleanup situation, or an under-resourced function. Strong candidates do not just evaluate title and compensation. They assess whether success is realistically achievable and whether leadership understands what the accounting team actually needs.
Why are finance and accounting roles in private equity-backed companies different?
Because the expectations are usually sharper. These environments often involve more pace, more visibility, more accountability, and more change than slower-moving businesses. Candidates are often expected to produce cleaner reporting, better discipline, and faster adaptation while operating under leadership that is highly focused on results. Pacific Executive Search's private equity insights explain why these environments require more specialized hiring.
Is the CPA really required for roles like this?
Sometimes yes, and often functionally yes even when the posting says "preferred." At leadership levels especially, the CPA frequently acts as a credibility signal for hiring managers, auditors, lenders, investors, or boards. There are exceptions, but in many accounting searches it remains one of the clearest markers of technical foundation.
How do strong candidates typically evaluate opportunities like this?
Strong candidates rarely evaluate a role based on title alone. They look at what the position actually owns, how the function is viewed internally, whether the environment is stable or in transition, and what success will realistically look like in the first 6 to 12 months. Many first discover a role through a posting, but the strongest career decisions usually come from understanding the context behind the opportunity, not just the job description. In accounting and finance hiring, that level of context is often what separates a lateral move from a meaningful one. Learn more about how strategic accounting and finance searches differ from transactional recruiting.

VP, Closed-end Fund Accounting

Overview

Responsibilities

Qualifications

Apply Now

Frequently Asked Questions

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