Rcfs – Senior - FS Finance, Private Equity Billing and Fund Accounting

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. 

About Global Delivery Services

Global Delivery Services refers to EY's worldwide network of service delivery centres. The GDS team plays an important role in EY’s strategy by ensuring effective support for EY’s growth agenda.

Our journey started in 2002 with approximately 200 people. Today, we stand at 80,000+ professionals in ten locations around the world. We operate in Argentina, China, Hungary, India, the Philippines, Poland, Sri Lanka, Mexico, Spain and the United Kingdom.

Client service is focused on providing Consulting, Assurance, Tax, Strategy & Transactions, and Knowledge support to our clients around the world. The teams enable account teams worldwide to provide seamless, high-quality, value-added support, helping deliver exceptional client service.

Enablement Services provides cost-effective, highly skilled, and innovative services to support EY’s global and local enablement teams. Markets, BMC, AWS, Finance and Accounting, Risk Management, Procurement, People Shared Services, IT Service Delivery and IT Global Infrastructure services are among the services offered by Enablement Services.

Our innovation specialists serve the GDS Client Service and Enablement Services teams, along with Service Lines, Core Business Services and Sectors. The team brings the desired environment, technologies and skilled teams together for facilitation, rapid prototyping and innovative thinking. The competencies offered include analytics, digital, user experience, mobile technology, infrastructure, Microsoft technologies and open innovation.

Job Description – Private Equity Billing & Fund Accounting (Senior)

The opportunity

We are looking to build a dedicated team to support a leading alternative investment and private markets client. The team will support end-to-end Portfolio Company (PC), Joint Venture (JV), and Fund Billing, including invoice processing, expense allocation, reconciliations, and query resolution.

This role will involve working with internal and external stakeholders to ensure accurate and timely billing, strong controls, and effective service delivery, while supporting continuous process improvement and automation.

Key Responsibilities

PC, JV & Fund Billing

• Manage end-to-end Portfolio Company (PC), Joint Venture (JV), and Fund Billing activities, ensuring accurate and timely processing.
• Review invoices and supporting documentation and perform cost allocations across funds, portfolio companies, JVs, and other investment entities.
• Prepare PC, JV, and fund-level billings, including allocation of reimbursable expenses based on applicable agreements and methodologies.
• Support partnership and JV accounting, reconciliations, period-end activities, and resolution of billing and accounting differences.
• Ensure appropriate classification of funds, portfolio company, JV, and management company expenses.

Stakeholder Management & Controls

• Coordinate with JV partners, portfolio companies, internal teams, and third-party stakeholders to resolve billing queries and outstanding items.
• Monitor the billing mailbox, maintain query trackers and stakeholder contact lists, and follow up on open items through closure.
• Maintain complete documentation, approvals, supporting evidence, and audit trails in line with established controls.
• Identify opportunities to improve processes through standardization, automation, and AI-enabled solutions.
• Demonstrate ownership of activities while meeting agreed timelines, quality standards, and service-level expectations.

Skills and attributes for success

Education

• Bachelor’s degree in accounting, Finance, Commerce, or a related discipline.
• Professional qualifications such as CA, CPA, CFA, or an MBA in Finance will be an advantage.

Experience

• 4–7 years of relevant experience in private equity accounting, fund accounting, expense allocation, billing, or related finance operations.
• Hands-on experience with Portfolio Company (PC), Joint Venture (JV), and/or Fund Billing, including invoice processing, cost allocation, reconciliations, and supporting documentation.
• Strong understanding of private equity fund structures, partnership/JV accounting, and expense allocation methodologies.
• Exposure to alternative investments, private equity funds, or other private market investment structures is preferred

What we look for: 

• Strong knowledge of private equity and fund accounting, including PC, JV and Fund Billing.
• Experience with expense allocation, invoice processing, reconciliations, and period-end activities.
• Understanding of partnership and joint venture accounting and related allocation methodologies.
• Strong knowledge of billing controls, supporting documentation, and audit requirements.
• Proficiency in Microsoft Excel and financial data analysis.
• Ability to investigate and resolve billing and accounting discrepancies.

Preferred Skills

• Experience supporting private equity funds, portfolio companies, joint ventures, or alternative asset managers.
• Knowledge of fund structures, cost allocation methodologies, and management company versus fund expense classification.
• Exposure to workflow automation, reporting tools, and AI-enabled solutions.
• Experience working in global delivery or shared services environments.
• Holding a US visa and having 4–7 years of relevant finance experience will be an added advantage.

Key Competencies

• Strong analytical and problem-solving skills.
• Exceptional attention to detail and accuracy.
• Ability to manage multiple deadlines in a fast-paced environment.
• Excellent written and verbal communication skills.
• Strong ownership mindset and accountability.
• Embrace innovation and seek opportunities to enhance processes through technology and AI-enabled solutions.
• AI Fluency: Beginner-level AI fluency is required for this role. Candidates should be comfortable using AI-powered tools to improve productivity, support decision-making, and enhance work quality while adhering to responsible AI and data security practices.

What we offer you

At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

• Our Commitment: As a commitment, we persistently endeavour to embody our values, fulfil our purpose, and champion inclusiveness. Our dedication is to cultivate EY into an environment where diverse perspectives are celebrated, creating a supportive atmosphere for individuals to authentically be themselves and contribute their utmost.
• Professional Development: From entry-level employees to senior leaders, we believe in continuous learning. We offer opportunities to build new skills, take on leadership roles, and connect and grow through mentorship.
• People and Culture: In our dynamic workplace, diversity, equity, and inclusiveness are ingrained in our culture. We're united by a commitment to create an environment where every individual's differences are valued and practices are equitable, fostering a sense of belonging. Our shared values include integrity, respect, teaming, inclusiveness, energy, enthusiasm, courage to lead, and building relationships based on doing the right thing.
• Benefits: Embark on a transformative career journey with us and indulge in a suite of premium benefits, encompassing exclusive health and wellness packages, enticing rewards, and cutting-edge learning opportunities that empower you to continually grow and excel in your professional and personal development.
• How to Apply: If you are passionate about joining us and are aligned with our commitment to building a better working world, we invite you to apply by completing our user-friendly form with personal and professional information and by providing your consent to data privacy.

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