Fund Accountant
Fund Accountant
zensar technologiesHouston, TX
yesterday
Accountants and AuditorsBookkeeping, Accounting, and Auditing ClerksFinancial Specialists, All Other
Portfolio Management and Investment AdviceTrust, Fiduciary, and Custody ActivitiesOpen-End Investment Funds
Apply for this role →Why Zensar? We’re a bunch of hardworking, fun-loving, people-oriented technology enthusiasts. We love what we do, and we’re passionate about helping our clients thrive in an increasingly complex digital world. Zensar is an organization focused on building relationships with our clients and with each other—and happiness is at the core of everything we do. In fact, we’re so into happiness that we’ve created a Global Happiness Council, and we send out a Happiness Survey to our employees each year. We’ve learned that employee happiness requires more than a competitive paycheck, and our employee value proposition—grow, own, achieve, learn (GOAL)—lays out the core opportunities we seek to foster for every employee. Teamwork and collaboration are critical to Zensar’s mission and success, and our teams work on a diverse and challenging mix of technologies across a broad industry spectrum. These industries include banking and financial services, high-tech and manufacturing, healthcare, insurance, retail, and consumer services. Our employees enjoy flexible work arrangements and a competitive benefits package, including medical, dental, vision, 401(k), among other benefits. If you are looking for a place to have an immediate impact, to grow and contribute, where we work hard, play hard, and support each other, consider joining team Zensar!
Position Summary:
We are seeking an experienced Fund Accounting Operations Analyst with strong knowledge of fund accounting, investment operations, and client onboarding. The ideal candidate will have hands-on experience supporting hedge funds, Venture Capital funds, private equity funds, or other alternative investment vehicles and will be comfortable working in a fast-paced financial services environment. The role requires accounting expertise, operational discipline, a process-improvement mindset, and an interest in using automation and AI to improve fund administration activities.
Key Responsibilities:
Fund Accounting and Operations Maintain fund general ledgers and process journal entries. Perform daily, monthly, quarterly, and annual NAV-related activities. Prepare workpapers, financial reports, and supporting accounting schedules. Execute cash, position, and transaction reconciliations. Support month-end and quarter-end close activities. Calculate management fees, incentive fees, carried interest, and waterfall allocations. Review and validate fund performance and valuation data. Investment and Fund Administration Support hedge fund, private equity, and alternative investment structures. Assist with security and investment valuations. Perform trade lifecycle and investment accounting activities. Coordinate with custodians, administrators, auditors, and portfolio managers. Follow operational controls and applicable accounting policies. Client Onboarding and Conversion Support or lead fund migration and onboarding activities for new clients. Perform historical data conversion, validation, and reconciliation. Reconcile data between legacy and target platforms. Support UAT, parallel runs, transition activities, and issue resolution. Prepare onboarding documentation and client communication materials. Process Improvement and Automation Identify opportunities to improve operational efficiency and control effectiveness. Use AI and automation tools to reduce manual effort and improve accuracy. Participate in digital transformation and workflow-enhancement initiatives. Develop and maintain process documentation, SOPs, and knowledge articles. Partner with technology teams on automation and platform improvements.
Required Qualifications:
Bachelor's degree in accounting, Finance, Commerce, or a related field.3+ years of experience in fund accounting or closely related investment accounting operations. Experience with journal entries, general ledger activities, reconciliations, and financial reporting. Understanding of hedge funds, private equity, mutual funds, or alternative investments. Strong analytical, problem-solving, and attention-to-detail skills. Advanced Excel skills and the ability to work with large financial datasets. Clear communication and stakeholder-management skills.
Preferred Qualifications:
Experience with Geneva, PCS, Investran, eFront, Allvue, Advent, or another fund accounting platform. Experience in a fund administration or asset-servicing environment. Exposure to client migrations, fund conversions, or new-client onboarding. Knowledge of AI, RPA, Microsoft Copilot, Power Automate, or similar automation tools. Zensar believes that diversity of backgrounds, thought, experience, and expertise fosters the robust exchange of ideas that enables the highest quality collaboration and work product. Zensar is an equal opportunity employer. All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law. Zensar is committed to providing veteran employment opportunities to our service men and women. Zensar is committed to providing equal employment opportunities for people with disabilities or religious observances, including reasonable accommodation when needed. Accommodation made to facilitate the recruiting process are not a guarantee of future or continued accommodation once hired. All applicants must be legally authorized to work with Zensar. Visa sponsorship may be available for qualified applicants for certain positions. Zensar values your privacy. We’ll use your data in accordance with our privacy statement located at: https://zensar.com/privacy-notice
Also on the board Same function, level within a rung
Level
Senior
Location
Houston, TX
Occupation
Accountants and Auditors
Industry
Portfolio Management and Investment Advice
Posted
yesterday