Senior Associate, Private Equity Fund Operations – Implementation

This is a fully remote position, open to applicants in Colombia.

📋 Description

• Take ownership of a significant component of a broader financial implementation that involves multiple entities, structures, or workflows, or manage a complete, single-entity implementation from start to finish with minimal supervision.

• Independently identify edge cases and suggest solutions rather than seeking guidance on every issue.

• Provide direction to Associates on specific tasks.

• Collaborate closely with the U.S.-based Implementation, Product, and Engineering teams.

• Highlight issues discovered during testing and implementation phases.

• Configure, test, and validate fund structures and calculations within the client's platform.

⛳️ Requirements

• Minimum of 2 years of experience in operations or accounting within the private equity sector.

• Over 3 years of experience in accounting or finance operations.

• At least 2 years of experience in the private equity industry as a fund accountant, fund operations professional, or implementation specialist at a fund manager, fund administrator, or fund management software provider.

• Practical experience in calculating or reviewing distribution waterfalls, including return of capital, preferred return, GP catch-up, and carried interest.

• Capability to construct a waterfall or distribution model in Excel based on fund terms and transaction data.

• Proficient in Microsoft Excel and comfortable managing extensive, complex data sets.

• Bachelor’s degree in Accounting, Finance, Business, a related field, or equivalent experience.

• Fluent in written and spoken English (B2+ level).

• Strong communication skills for daily collaboration with a U.S.-based team.

• Experience with implementing, configuring, or rolling out software, systems, or operational processes, preferably with SaaS or cloud-based platforms.

• Familiarity with investor distributions, capital accounts, or NAV calculations.

• Practical experience utilizing AI tools to create or support automations.

• Ability to adapt swiftly to changing workflows, priorities, and tools.

• Experience with intricate or unconventional waterfalls, including multiple investor classes, IRR hurdles, whole-fund and deal-by-deal structures, or clawbacks.

• Experience reconciling waterfall outcomes against a fund's limited partnership agreement or other governing documents.

• CPA or equivalent experience.

🏝️ Benefits

• 9 paid holidays.

• 10 days of PTO available after 6 months.

• Monthly payments in US dollars.