Director of Fund Accounting and Investment Operations

About the Company:

Redesign Health is a global technology company powering the future of healthcare. Our transformation business embeds technologists and product leaders inside the world's leading health institutions, working alongside clinicians and operators to build solutions from within. Our investment business backs exceptional founders from inception through growth, and partners with proven management teams through control investments to rewire core products and workflows with AI. We leverage a proprietary AI operating system to help our partners identify opportunities, develop and deploy solutions, and scale innovations that improve care for patients worldwide. Redesign Health is based in New York and has offices in Bengaluru, Boston, Los Angeles, Riyadh, and Tel Aviv.

About the Role:

As our Director, Fund Accounting & Investment Operations, you will deliver senior technical accounting judgment as well as own the execution of fund accounting and fund administration processes for Redesign Health’s US and International Funds. You are someone with a strong grasp of fund accounting strategy and technical GAAP nuances, who is also highly willing and capable of hands-on execution in the details. This means you will own technical fund accounting and financial reporting, as well as the end-to-end investor operations lifecycle. That lifecycle includes preparing capital call and distribution notices, drafting fund financial statements, owning investor-facing fund reporting, managing tax and compliance reporting, as well as responding to questions and requests from Redesign’s investors. You will bring human judgment to AI-native transformation projects while we both grow domestically and scale new international funds. You will have access to AI experts and frontier AI tools that enable you to run the transformed function you will help design. You will report to and work very closely with our Controller, as well as with our broader Strategy & Finance and Legal teams.

What you will do:

• Fund Accounting, NAV & Financial Statements: Own fund accounting across a complex multi-vehicle structure of SPVs, aggregators, parallel funds, and offshore blockers. Maintain the books in Allvue, own and review quarterly NAV packages and Partner Capital statements. Oversee bank, trial balance, and investment reconciliations. Prepare and review fund financial statements, some audited.

• Capital Calls, Distribution & Investor Operations: Run capital call and distribution cycles end to end, including pro-rata sharing calculations, equalization and late-admission true-ups, notice preparation and validation, wire-instruction verification, and flow-of-funds execution with banking partners. Own investor onboarding and subscriptions, KYC/AML, the accuracy of investor-facing statements, and handle investor-sensitive accounting exceptions that must be resolved before they reach an LP.

• Investor Relations and Communications: You will own the resolution of investor questions and requests sent to our Investor Relations inbox. This includes answering investor questions about fund mechanics, replying to reporting requests, completing investor audit confirmations, addressing inquiries from investor tax and accounting teams, as well as resolving ad hoc investor questions.

• Tax, Compliance, and Reporting Oversight: Review and sign off on K-1s, partnership tax forms (1042/8804), FATCA/CRS reporting, and investor reporting across the fund complex. You will coordinate and review the work of external preparers and specialists and hold them to standard. You will ensure the quality and accuracy of regulatory reporting obligations such as Form ADV and CIMA.

• Technical Accounting, Fund Launches & Audit: Serve as the senior reviewer and technical accounting owner for fund structuring, fund changes, and new fund launches. Own external fund audits end to end, from PBC delivery to liaising with auditors and external fund compliance advisors.

• AI-Native Process Design: Partner with the Controller and the Technology & AI team creating AI-native fund administration processes. You will provide the fund accounting knowledge, and contribute to the design of systems that let AI carry the preparation work while judgment, signoff, and exceptions stay with you.

• International Fund Scale-Up: Partner with Strategy & Finance, Legal, and local advisors to stand up and scale fund accounting and investment operations for new international funds across multiple markets, including the banking, entity, and compliance infrastructure each new fund requires.

What you will need:

• You have a CPA (or equivalent license), with a Bachelor’s degree in Accounting, Finance, or related field.

• 8+ years in fund accounting and fund administration within venture capital, private equity, or hedge funds including time as a senior reviewer and not solely as a preparer. You have had exposure to a wide variety of private fund structures, investment vehicles, and investment instruments.

• Deep command of US partnership accounting and complex fund structures (SPVs, aggregator and parallel funds, holding vehicles, offshore blockers, and international funds).

• Demonstrated ownership of capital calls, distributions, NAV and capital account calculations, valuations, and the review of fund financial statements.

• Experience leading external fund audits and managing fund administrators, auditors, and external legal counsel.

• Willingness to evaluate, learn and adopt frontier AI tools in all of your day to day tasks.

What you will bring to the table:

• High proficiency with fund accounting software (Allvue experience a strong plus).

• Deep experience with investor relations CRM platforms for managing broad investor communications and document distribution.

• Exposure to highly technical new fund launches, fund structuring, or standing up accounting for new vehicles or jurisdictions.

• Familiarity with cap table administration and partnership tax and K-1 reporting.

• Working knowledge of KYC/AML, banking compliance, and cross-border requirements (e.g., FATCA, CRS, CIMA), and comfort operating across multiple entities, currencies, and jurisdictions.

• Familiarity with the capabilities of frontier AI tools (ex. Copilot, Claude Code, Codex, Cowork) and insatiable curiosity to learn them, even if you have not had the chance to use them yet.

Who you are:

• Action Oriented. You readily take action on challenges and step up to tough issues with high urgency, energy and enthusiasm. You don’t plan unnecessarily, but identify and seize opportunities. You keep a can-do attitude in good and bad times.

• Ensures Accountability. You follow through on commitments and make sure others do the same. You act with a clear sense of ownership, and take personal responsibility for decisions and outcomes, and build processes that make work monitorable and establish clear feedback loops for measuring results.

• Manages Complexity. You ask the right questions, uncover root causes, and make sense of high-volume, sometimes contradictory information across entities and jurisdictions. You comfortably challenge confident-but-wrong conclusions regardless of whether they come from a person, an “expert”, or an AI.

• Decision Quality. You make sound decisions, even in the absence of complete information, relying on a mix of analysis, wisdom, experience, and judgment. You consider all relevant factors, apply the right criteria and principles, and recognize when a quick 80% solution will do and when a call has to be exactly right.

• Tech Innovator. You proactively leverage new systems and tools for extraordinary productivity. You are comfortable disrupting your own ways of working to improve the system, while knowing exactly where human judgment must override.

• Instills Trust. You earn confidence through accuracy, integrity, and consistency between word and action. You exemplify the qualities that investors, auditors, executives and regulators rely on.

How We Work:

Our company values are the standards and norms that shape how we make decisions, build teams, serve patients, and partner with one another. They define what you can expect from us and what we expect from every person who joins our team. We share them openly so candidates can decide whether this way of working will bring out their best.

• Patients are waiting: Work with the urgency that patients deserve.

• AI sets the floor: Nothing short of what AI in expert hands can deliver; taste and judgment own the last mile.

• Stack the team: Talent density is our greatest asset; raise the bar with every hire.

• Trust people, challenge ideas: Assume good intent; never shy from rigorous debate.

• Sweat your craft: Take pride in your work; seek feedback to continuously improve.

• Go beyond: Your role, comfort zone, and expectations for what’s possible.

• Be the partner you want: High integrity, responsive, and genuinely invested in shared success.

• No shortcuts: Patient safety, clinical standards, and partner trust above all.

Location: This role will be based in NYC and ideally work in a hybrid fashion 3 days/week.

Compensation: The target base salary for this role is $180-225K, plus market-leading fund equity. The expected base pay for this position is based on a variety of factors including qualifications, experience, and geographic location.