Fund Accountant - Sydney, AU
Caruso
Accounting & Finance
Sydney, NSW, Australia
Posted on Sep 11, 2025
Fund Accountant - Sydney, AU
Location: Sydney, AU
At Caruso, we combine expert fund administration services with powerful, AI-driven software to support real estate, private credit, and private equity managers across the full fund lifecycle.
Since launching just two years ago, Caruso has grown rapidly with over $30B in assets, 400 funds, and 30,000 investors now on the platform. We’re backed by committed investors and expanding fast across APAC, US and beyond.
To learn more, visit getcaruso.com.
Role summary
We’re looking for a detail-oriented and motivated Fund Accountant to join our growing fund administration team. You’ll play a key role in delivering accurate, timely and high-quality fund accounting services to our clients, while leveraging cutting-edge tools and automation to drive efficiency.
This is a great opportunity to join a fast-scaling business that blends modern technology with deep domain expertise in private markets.
What you'll do:
Fund Accounting & Reporting
Prepare and review NAV calculations, fund financial statements, and investor reporting across private equity, private credit and real estate structures.
General Ledger Maintenance
Maintain and reconcile the general ledger using Investran (or similar GL systems), ensuring accuracy of all journal entries, capital activity, accruals and valuations.
Capital Activity Processing
Record and reconcile capital calls, distributions, subscriptions, redemptions, and transfers, working closely with the investor services team.
Audit & Compliance Support
Assist with fund audits, liaise with auditors and tax advisors, and prepare supporting workpapers and reconciliations.
Process Improvement
Work with our product and automation teams to identify and implement improvements across workflows, reporting, and reconciliation processes.
Registry Support
Provide overflow support to the registry operations team as needed, including assistance with maintaining investor registers, validating onboarding documentation (AML/KYC), and supporting capital activity workflows and investor communications.
What we're looking for:
3–5+ years of experience in a fund accounting role, ideally within a fund administrator or private markets fund
Strong working knowledge of fund structures (e.g. limited partnerships, trusts) and private market asset classes (real estate, private equity, private credit)
Experience using general ledger accounting systems such as Investran, Geneva, Allvue, or similar
Solid understanding of capital accounting and fund reporting best practices
CA/CPA qualification (or working towards it) preferred
Strong Excel skills; familiarity with automation tools or AI-based solutions is a plus
Excellent attention to detail and organisational skills
Self-starter who thrives in a fast-paced, high-growth environment
Clear and confident communicator with a customer-first mindset
Benefits
A role with genuine autonomy, impact, and visibility inside a well-funded, high-growth business
Industry-leading technology and a customer base of leading private fund managers
New workstation (MacBook Pro, dual screens, AirPods Pro, accessories)
5 weeks annual leave after 2 years, 6 weeks after 3 years
Unlimited sick leave
Generous parental leave policies
How to apply
If interested, please send an email to Mark along with your resume.
This role is only open to people with the right to work in Australia.
