Fund Accounting, Executive Director

Location: Hybrid | Greater Philadelphia Area

We are collaborating with a rapidly expanding investment platform in their search for an Executive Director of Fund Accounting . This critical leadership role will oversee all fund accounting operations, ensuring the integrity of daily Net Asset Value (NAV) processes, managing and developing a growing team, and building the necessary infrastructure to support new product launches.

The successful candidate will possess a foundational background from a Big Four firm, complemented by substantial, direct experience within an investment management firm, and deep technical expertise in overseeing the NAV calculation for complex fund structures.

Key Responsibilities

• Direct and oversee all daily and monthly Net Asset Value (NAV) review and approval for a suite of open-ended investment vehicles.


• Lead, mentor, and foster the development of a high-performing fund accounting team.


• Design and refine robust accounting workflows to effectively support and scale new product introductions.


• Ensure rigorous maintenance of regulatory, audit, and control compliance across all fund accounting operations.


• Cultivate collaborative relationships with internal stakeholders, external auditors, and third-party administrators to drive accuracy, timeliness, and operational excellence.

Required Experience & Qualifications

• Demonstrated experience in the oversight and approval of daily or monthly NAVs for tender offer or interval funds (Lux UCITS Part II experience is an acceptable alternative).


• Direct, hands‑on operational experience within an investment management firm; this role is not suitable for candidates whose entire career has been solely in fund administration or audit.


• Proven leadership experience managing a team or, alternatively, exceptional technical expertise demonstrated in a senior‑level individual‑contributor capacity.


• Possession of a professional designation such as a Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or equivalent.

Ideal Experience

• Background or exposure to private markets.


• Experience navigating and managing complex calculations related to waterfall distributions, carried interest, incentive fees, or high‑watermark structures.


• Involvement with modern NAV automation initiatives, vendor oversight, or data‑integration technology projects.


• A minimum of 15 years of progressive experience in fund accounting or related financial functions.

General Qualifications

• 10+ years of progressive, senior‑level depth in fund accounting experience is highly valued.


• Expertise in open-ended fund structures and managing daily/weekly NAV cycles.


• Track record of successfully launching and providing ongoing support for new fund products.


• Superior analytical capabilities, polished communication skills, and a strong leadership presence.

If you’re an accomplished fund accounting leader looking for a high-impact role, I’d welcome a conversation.