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Private Equity Sr. Fund Accountant

Job Title
Private Equity Sr. Fund Accountant
Job ID
NEW YORK,  NY 10003-2123
Other Location

Primary Wave Music Publishing was founded in 2006 and specializes in the acquisition and unique marketing of iconic and legendary artists and songs. Over the years the company has acquired the copyrights of over 15,000 songs from the catalogs of legendary artists such as Bob Marley, Smokey Robinson, Kurt Cobain, John Lennon, Def Leppard, Hall & Oates, Whitney Houston, Boy George & Culture Club, Glenn Gould, Free, Brenda Russell, Tom Cochrane, Holly Knight, Steve Cropper, CeeLo Green, Free, Blue Mountain Music, Count Basie, Tom Hamilton (Aerosmith), Tommy Shaw (Styx), Sly & The Family Stone, Leon Russell, Bill Gaither, Boston, Bob Ezrin, Paul Anka, Dave Navarro, Noel Hogan (The Cranberries), Donny Hathaway, and many others, and we administer and market such icons as Robbie Robertson, Alice Cooper, Bobby Hebb, Counting Crows, Kenny Loggins, Melissa Etheridge, and Jimmy Van Heusen. As a company, we strive for excellence in the pursuit of catalogs that not only reflect great songwriting, but moments of culture. Primary Wave has strategically grown over the last 13 years into a full-service music company that includes Brand Marketing, Digital Marketing, Publicity, Film/TV and commercial synchronization. In addition to its legendary artist catalogs, Primary Wave Music Publishing also boasts hit songwriters LP, Foy Vance, Kiiara, Jeremih, Jocelyn Alice, Georgia Ku, Aalias, DJ White Shadow, and more. Primary Wave also has strategic ventures with Rough Trade, Janice Brock, Juan Madrid, and Blue Mountain Music, all of whom specialize in up-and-coming talent.

With just three employees in 2006, Primary Wave has grown to a company of 70+ employees today, with offices in New York, Los Angeles, London, Nashville, and Austin. With a team of the industry's finest executives, Primary Wave is consistently growing and looking towards the future, focusing on integrating all aspects of creative acts.

Private Equity Sr. Fund Accountant

We are looking for an enthusiastic colleague with a dedicated work ethic and a sharp mind who will be responsible for the accounting and reporting function as it relates to all aspects of its private equity funds, including preliminary and ongoing investment ROI analysis, capital calls, distributions, management fees, waterfall calculations, quarterly private valuation process, and support of the interim/year end audits. 

Reporting directly to the Chief Financial Officer, you’ll coordinate and manage external relationships with administrators, compliance consultants, audit, tax and valuation service providers by performing the following:


  • Establish, maintain, and comply with accounting policies and procedures in accordance with best industry practices
  • Ensure all fund activity is properly recorded in ERP (Intacct) in accordance with GAAP:
    • Ensure royalty and net publisher share transactions are recorded in appropriate level of detail using proper calculations as per individual agreements
    • Reconcile PW ERP to Fund Administrator accounts to ensure accuracy and completeness
    • Process all Accounts Payable transactions including royalty payments to writers
  • Liaise with Business Affairs and Royalties teams to ensure proper understanding of intricacies of asset agreements
  • Review the Fund Administrator’s quarterly and annual NAV packages and waterfall schedules, ensuring proper investment allocations
  • Prepare, review, and distribute monthly fund financials internally to management
  • Work with Fund Administrator to review and distribute quarterly fund financials to external stakeholders
  • Monitor cash balances and manage cash flow via debt and capital calls, taking into account all fund activity and distribution projections
  • Liaise with lenders to ensure timely and accurate drawdowns, repayments and covenant requirements
  • Closely monitor invested portfolio for debt capacity and invested balance vs fund hard cap
  • Coordinate with Fund Administrator to calculate and record management fees in accordance with LPA and side letters
  • Assist in the determination of quarterly company valuations
  • Coordinate and manage the annual & interim audit with external auditors and Fund Administrator
  • Research technical accounting and taxation issues with team as needed
  • Build and implement process controls and efficiencies

Investor Relations

  • Manage investor capital activity processes, implementing tight review and oversight of all accounting information that is sent to investors and external parties
  • Along with Investment Manager and Fund Administrator, onboard new investors, ensuring proper compliance measures and internal tracking
  • Facilitate modifications to existing investor contact information with Fund Administrator
  • Work with Fund Administrator to issue capital statements, capital call notices and distribution notices to investors
  • Respond to operational investor queries, review administrator responses to investor queries, and address requests from investors’ auditors

Compliance and Other

  • Work closely with Chief Compliance Officer and CFO to establish, maintain and comply with all internal policies and procedures
  • Coordinate with compliance consultants to ensure completeness and accuracy of written internal policy and compliance manuals
  • Coordinate with compliance consultants to ensure that all Access Persons and Supervised Persons comply with reporting requirements
  • Periodically review ADV forms and Privacy Notices for accuracy and completeness
  • Work closely with compliance consultants to engage in annual audit of compliance practices
  • Ensure business continuity practices are maintained and followed; maintain updated central repository of contracts with Fund Administrator


  • Maintain and enhance financial reports and reporting tools for internal and external stakeholders
  • Prepare and manage accuracy of NPS schedules and projections
  • Manage financial models designed to project fund activity, capital account balances and returns
  • Model “what if” scenarios with respect to partner allocation and return streams
  • Perform special projects as needed

Experience and Skills:

  • Bachelor’s degree required, with 5+ years of relevant work experience in Private Equity or related field
  • Experience in music and/or music publishing preferred
  • Accounting experience required; CPA or MBA preferred
  • Ability to synthesize data and create executive-level management reports from scratch required
  • Strong knowledge of and experience with software technology and data manipulation
  • Exceptional attention to detail and accuracy
  • Ability to multi-task and manage time to prioritize tasks
  • Must be self-motivated with an intellectual curiosity
  • Excellent analytical and problem-solving skills
  • Strong verbal and written communication skills


We work to maintain the best possible environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where each person feels encouraged to contribute to our processes, decisions, planning and culture.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.