Director, Fund Accounting And Administration

Job Description Summary

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.

In our collegial environment that's marked by low turnover and high energy, you'll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.

We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.

HarbourVest is an equal opportunity employer.

This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval. For example, you may choose to work in the office 4 days per week and take one remote day weekly (typically 13 weeks per quarter), leaving 5 additional remote days to be used as needed.

HarbourVest Partners is seeking a Director on the Fund Accounting and Administration team. This role involves leading all aspects of accounting, financial reporting, and client reporting tasks for private credit investment vehicles. The Director will also handle cash management, work with external auditors, and manage third-party service providers for credit investment vehicles.

The ideal candidate is someone who has:

• A technical understanding of US GAAP, it's application to asset management (specifically private credit funds), and the ability to apply GAAP concepts to sophisticated transactions and complex fund structures
• Strong analytical, problem-solving skills and is detail oriented. Strong written and verbal communication skills and an ability to multitask are critical
• Experience in owning the day-to-day operations with fund administrators, including communications for capital calls, distributions, redemptions, and financial reporting and monitoring of critical metrics
• Ability to work independently, prioritize multiple tasks, manage production calendars across multiple participants & interested parties
• A proactive, can-do attitude to ensure all reporting and deliverables are completed in line with agreed timelines

What you will do:

• Responsible for quarter end close, financial reporting, and capital account statements for your Fund's:
• Prepare distribution recommendations working closely with portfolio management, investment operations and the treasury function
• Work closely with various internal partners to ensure an optimal operating model is in place for the credit funds
• Assist senior management with matters related to closings and terms of legal documents
• Grow and manage a team dedicated to the accounting and reporting for credit funds
• Compile and review financial information for purposes of regulatory filings (i.e., Form ADV/PF)
• And other responsibilities as required

Education Preferred (choose the degree(s) that are preferred for this role & delete others that do not apply)

• Bachelor's Degree with major in accounting/finance, CPA preferred

Experience (choose one below & delete others that do not apply/edit focus)

• 10 + years of experience in public and/or private accounting focused on the asset management industry, preferably with private credit asset management.

#LI-Hybrid

Salary Range

$145,000.00 - $210,000.00

This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. This role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance. In addition to salary and bonus, total compensation may include eligibility for long-term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs. Our total rewards offerings are influenced by several business factors, and eligibility for certain components will vary by position and geography. Please note the posted ranges do not apply outside the U.S. and should not be converted to other currencies as a proxy for compensation in other countries.