Director, Private Fund Administration – Accounting

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🔥 1 minute ago

🦀 Maryland – Remote

🦀 Maryland – Remote

💵 $173k - $350k / year

⏰ Full Time

🔴 Lead

🧾 Accounting Manager

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T. Rowe Price

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

T. Rowe Price is a premiere global asset management organization, actively investing in opportunities to help people thrive in an evolving world.

📋 Description

• Accountable for accounting functions related to TRP private funds' franchise • Partners with other functional teams within FA&A and across TRP to determine appropriate support model for the most complex funds and transaction types • Develops strategy for and leverages external providers to enable products and client needs • May be responsible for managing and developing a limited number of more junior associates within FA&A • Develops the most complex FA&A procedures, processes and policies based on regulatory requirements, market practices and internal stakeholder needs • Leads major change initiatives within the firm – operating or executive sponsor • Develops and maintains content designed to communicate about the team and its activities to a broad range of stakeholders

🎯 Requirements

• Bachelor's degree or the equivalent combination of education and relevant experience • 10+ years of total relevant work experience • 14+ years of accounting/finance experience, with focus on alternative investments • Expertise in fund accounting, NAV calculations, and partnership capital account structures • Experience with financial reporting for complex vehicles (e.g., feeder funds, multi-tiered structures, SPVs) • Familiarity with carried interest calculations, management fee waterfalls, and investor allocations • Exposure to regulatory compliance (SEC, AIFMD, FATCA, etc.) and tax considerations (e.g., pass-through entities) • Understanding of fund lifecycle processes (capital calls, distributions, liquidity events) • Ability to manage audits (fund-level and entity-level) and liaise with auditors • Experience with capital account statements and investor reporting (IRR, MOIC, performance metrics)

🏖️ Benefits

• Competitive compensation • Annual bonus eligibility • A generous retirement plan • Hybrid work schedule • Health and wellness benefits, including online therapy • Paid time off for vacation, illness, medical appointments, and volunteering days • Family care resources, including fertility and adoption benefits