Fund Accounting - Senior Controller (PE)

The posting, as Petra Funds Group wrote it

About Us

Petra Funds Group is a single-source provider for fund administration and infrastructure needs for private equity and debt funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.

Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who've spent years working with asset managers is what differentiates us.

Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.

Petra is seeking a Senior Controller to lead fund accounting operations for a portfolio of private equity clients. This is a senior, client-facing leadership role responsible for owning the full client relationship lifecycle, from onboarding through ongoing administration, while directing the accuracy, quality, and timeliness of all fund accounting deliverables. The Senior Controller will oversee complex partnership structures, drive process and controls improvement, mentor and develop team members, and serve as a strategic partner to both clients and Petra's senior leadership. This individual will be a key decision-maker on technical accounting matters, investor reporting, and audit oversight, and will play a central role in shaping how Petra scales its service delivery for PE clients.

Responsibilities

• Own end-to-end client relationships as the senior point of accountability, from proposal and engagement implementation through ongoing administration, ensuring service delivery aligns with client expectations and Petra's standards
• Direct staffing strategy and oversee the training and development of engagement teams, ensuring the right talent and skill sets are in place to meet client needs
• Design, implement, and continuously refine procedures and controls that govern internal and external deliverables, driving consistency and client satisfaction across engagements
• Lead the design and implementation of partnership allocation models based on complex partnership agreements across a diverse client base
• Serve as a subject matter expert on key systems, including Investran Live and DX, guiding best practices in their application
• Direct the preparation and review of investor communications, including capital call and distribution notices and capital balance statements, ensuring accuracy and clarity across all client relationships
• Oversee the review and approval of investment transactions recorded in the Investran Live general ledger system
• Provide final review and sign-off on management fee calculations, invoices, and journal entries
• Oversee daily and monthly cash reconciliation processes across partnerships and related portfolio companies, ensuring integrity of cash positions
• Provide senior-level review and final approval of fund financia

[…]
edge of Investran Live.

• Excellent analytical, planning, and organizational skills.
• Strong interpersonal, communication and organizational skills with a team approach.
• Unquestionable integrity and ethics.
• Undergraduate degree required, MBA a plus.
• CPA preferred but not required.

Salary Range

At Petra Funds Group, we are committed to transparency and equity in our hiring practices. The compensation range for this position is $122,000 - $183,000 per year. This range represents the base salary only. Actual pay will depend on factors such as qualifications, experience, and skills .

How We Care

We believe people do their best work when they feel supported — personally and professionally. That’s why we offer a comprehensive benefits package that reflects our commitment to your well-being. Our perks include:

• 90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.
• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan. *
• 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.
• Flexible paid time off to recharge, travel, or take care of what matters most.
• Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.
• Hybrid work environment t hat offers flexibility and supports work-life balance.

*Funded amount is prorated for new hires.

What We’re Proud Of

We’re proud of many milestones, but we’re especially honored by the recognition we’ve received for our workplace experience:

• Certified Great Place to Work®, based on direct feedback from our employees about trust and overall culture.
• Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™, highlighting our commitment to building an environment where people thrive.