Fund Accounting Controller| DCS

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.

What You Will Do:

• Review of capital calls and distributions prepared by fund administrator, including set-up of client's check workpapers
• Quarterly review of closing workpapers and financial statements prepared by fund administrator, including set-up of client's check workpapers
• Detailed review of waterfall calculations prepared by fund administrator, including set-up of client's check workpapers
• Limited partner support – respond to various information needs / requests from Limited Partners, including wire confirmations and assisting Investor Servicing with the prep they need to send follow-ups on delinquent capital calls
• Tracking and management of fund level credit facilities
• Review expenses charged to Funds and perform allocations in accordance with the Firm’s expense allocation policy
• Review materials prepared by Investor Relations and Compliance departments related to due diligence requests and regulatory filings
• Review inputs and performance reporting calculations
• Monitor cash activities on a real time basis when there are capital calls and distributions
• Assist in the execution of cash movements (wires, transfers, ACH, etc.)
• Perform ongoing maintenance of wire instructions, including making updates for new or updated instructions (documenting controls performed)
• Assisting in posting LP deliverables (financial statements, capital accounts, capital calls / distributions, etc.)
• Ad Hoc projects
• Support the creation of new documentation and best practices

Qualifications

• Minimum of 9 years of hands-on fund accounting/reporting experience required
• B.S. in Accounting or Finance
• CPA preferred
• Excellent communication, collaboration and presentation skills
• Self-starter that is able to self-motivate to work in a mostly remote team setting
• Strong analytical skills, great attention to detail, expert modeling and spreadsheet capabilities

Salary Range
At Petra Funds Group, we are committed to transparency and equity in our hiring practices. The compensation range for this position is $146,000 - $219,000 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 that offers flexibility and supports work-life balance. 
• Certified Great Place to Work®, based on direct employee feedback about our culture, trust, and workplace experience. 

*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.