Can someone tell me what being an accountant at a PE fund means in terms of what you actually do every day? Is it not the same as being an accountant anywhere else? Just curious bc I get a lot of recruiters specifically for PE funds and I don’t really get what the appeal would be?

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Posting as :
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The pay lol

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Also curious

Mostly reviewing fund admin of financial reporting, investor statements, and calculating fund performance metrics

If just straight up “accountant” (think entry level) most likely preparing investor contribution and distribution notices and other basic reports

It depends on the shop. Working at an admin is different than in house at a PE shop. Depends on size of the shop, if it’s a small shop you handle everything from investor reporting, client relations, valuations, etc. bigger shops might mean less exposure to different types of work. If your LPA includes hedging you’d take care of the hedging. Working with deals team for cash management. Etc.

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Just reread one of my favorite PM books.

Post Photo
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Wordle 511 3/6

⬜🟨⬜⬜🟩
🟨⬜🟩🟩🟩
🟩🟩🟩🟩🟩

smartlike
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