What does a fund accountant do

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Manage NAV workpapers, perform P&L allocation, prepare calculations for distributions and capital calls, get involved with understanding the fund agreement and the LPA.

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Fund structure is important. You need to learn for new funds the proper allocation rules and learn management calculations which typically isn’t hard. After that it’s gravy. It’s waterfalls for PE you need to learn too.

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Do the accounting for a fund

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Shoukd really consider standup comedy

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