Manager, Fund Accounting

Firm Overview

Providence Equity Partners L.L.C. is a leading middle-market private equity firm with deep sector expertise in media, communications and education focused on North America and Europe. Providence looks to invest in businesses that are benefiting from the long-term growth trends around experiences, learning, and connectivity by partnering with exceptional management teams to build enduring, scaled companies. Founded in 1989 in Providence, Rhode Island, the firm has invested over $40 billion across more than 180 portfolio companies with a transatlantic investment team based primarily in London, New York and Boston. Through disciplined portfolio construction, prudent risk management and a collaborative culture, the firm seeks to deliver strong results across market cycles. To learn more, please visit www.provequity.com .

• Position Overview
• The Manager, Fund Accounting is a key member of the finance organization, reporting to the Director & Controller, Fund Accounting. This role is responsible for overseeing core fund accounting, financial reporting, and control functions across multiple investment vehicles. The position requires strong technical expertise, leadership capabilities, and the ability to operate effectively in a complex private equity environment.

The ideal candidate is self‑motivated and solutions‑oriented, with a positive attitude and strong work ethic. They thrive in a dynamic environment, take initiative, and are adaptable in supporting both day‑to‑day responsibilities and evolving business needs.

• Responsibilities
• The Manager, Fund Accounting will be responsible for the following:

Financial Reporting & Audit Oversight:

Oversee the preparation and delivery of quarterly and annual financial reporting across multiple fund structures, ensuring accuracy, completeness, and compliance with U.S. GAAP and applicable regulatory requirements.

Manage third-party administrators and oversee the preparation and delivery of quarterly and annual financial statement packages.

Review and approve complex accounting matters, including carried interest and waterfall calculations.

Lead the year-end audit process, serving as primary liaison with external auditors to ensure timely completion.

Fund Accounting & Operational Oversight:

Oversee the capital call and distribution process, including review and approval of investor allocations and notices.

Manage credit facilities, including drawdowns, repayments, and covenant compliance.

Review and approve management fee calculations, fund expenses, and related allocations.

Oversee cash management, including liquidity planning, banking activity, and account administration.

Partner with internal teams to deliver investor reporting and respond to ad hoc financial inquiries.

Identify and implement process improvements; support and lead special projects within the finance function.

Fund Legal & Regulatory Coordination:

Assist with quarterly and annual regulatory filings in coordination with Legal and Compliance teams.

Manage reporting requirements for Luxembourg and Cayman structures, ensuring alignment with local regulatory and operational frameworks.

Interpret Limited Partnership Agreements and side letters to ensure financial reporting, allocations, and distributions are consistent with governing documents.

Oversee NAV calculations and related compliance reporting across fund vehicles.

In addition to the outlined responsibilities, you will be expected to handle ad hoc requests as they arise. This job description is not exhaustive and may not encompass all aspects of the role, as the needs of the business are continually evolving. Flexibility and adaptability are essential for success in this dynamic position.

• Qualifications
• The successful candidate will have a demonstrated record of success, a positive professional reputation, and the ability to exercise sound judgment and accountability. In addition, the successful candidate should have:

Bachelor’s degree in Accounting or Finance required

CPA (or active candidate) strongly preferred

5-7 years of progressive experience in private equity fund accounting and/or Big 4 with significant private equity exposure

Experience managing and developing team members

Deep knowledge of U.S. GAAP and private equity fund structures

Advanced Excel skills; experience with Investran and Workday preferred

Strong communication skills, with the ability to interact effectively with senior leadership, auditors, administrators, and investors.

High standards of accuracy, integrity, and professionalism.

Strong technical accounting and analytical capabilities, including the ability to interpret complex legal documents and accounting guidance.

Proactive problem-solving mindset with sound judgment.

Ability to manage multiple priorities in a fast-paced environment with minimal supervision.

Continually seek to raise standards and improve the quality of services provided

• Requirements
• We are committed to creating a workplace that fosters a collegial, inclusive, and collaborative environment. As part of the Providence team, it’s important that we hire candidates that align and exhibit our values:

Demonstrated ability to work effectively across teams, actively contribute ideas, and build strong, trust‑based relationships to achieve shared goals and drive collective success.

Proven track record of taking accountability for outcomes, following through on commitments, and acting with honesty, transparency, and ethical judgment in all situations.

Commitment to fostering a positive, engaging workplace culture by supporting colleagues, contributing to a sense of belonging, and modeling behaviors that reflect and strengthen our organizational values.

Ability to work respectfully with individuals of diverse backgrounds, perspectives, and experiences, demonstrating empathy, fairness, and a commitment to inclusive practices in everyday interactions and decision‑making.

This role may periodically require work outside standard business hours to meet business needs and deadlines. Performance is measured by results, quality of work, and timely delivery; employees are expected to use sound judgment regarding after-hours support and communicate proactively when unavailable.

This position is primarily performed in a professional office environment and involves prolonged computer use, regular communication by phone/video/email, attendance at meetings, and use of standard office equipment. Occasional business travel may be required based on business needs.

Providence Equity Partners L.L.C. (the “Firm”) is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practice laws. The Firm strictly prohibits and will not tolerate, condone or allow discrimination, harassment or retaliation with respect to any Supervised Person or applicant for employment in matters of hiring (or failure or refusal to hire), promotion, transfer, disciplinary actions, assignments, working conditions, termination, compensation, fringe benefits or other terms and conditions of employment on the basis of characteristics protected by federal, state, or local law, as may be applicable, such as race, color, religion, creed, age, national origin, ancestry, alienage or citizenship status, actual or perceived sex (including pregnancy, childbirth, breastfeeding or other related medical conditions), actual or perceived gender (including sex stereotyping, gender identity, gender expression, other gender-related characteristic, or transgender status), actual or perceived sexual orientation, disability (including physical disability or mental disability), medical condition, genetic information, military or veteran status, employment or unemployment status, credit history, familial status, partnership status, caregiver status, sexual and reproductive health decision-making, domestic victim status, or ma