Director, Private Fund Administration – Accounting

T. Rowe Price

Accounting Director leading private fund accounting for T. Rowe Price.

Posted 6/4/2026full-timeRemote • Maryland • 🇺🇸 United StatesLead💰 $173,000 - $350,000 per yearWebsite

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

fund accountingNAV calculationspartnership capital account structuresfinancial reportingcarried interest calculationsmanagement fee waterfallsinvestor allocationsregulatory complianceaudit managementcapital account statements

Soft Skills

leadershipstrategic developmentcommunicationstakeholder managementteam management

Certifications & Qualifications

Bachelor's degree

Industry Keywords

alternative investmentsSECAIFMDFATCApass-through entitiesfund lifecycle processescapital callsdistributionsliquidity eventsperformance metrics

About the role

Key responsibilities & impact

Accountable for accounting functions related to TRP private funds' franchise
Partners with other functional teams within FA&A and across TRP to determine appropriate support model for the most complex funds and transaction types
Develops strategy for and leverages external providers to enable products and client needs
May be responsible for managing and developing a limited number of more junior associates within FA&A
Develops the most complex FA&A procedures, processes and policies based on regulatory requirements, market practices and internal stakeholder needs
Leads major change initiatives within the firm – operating or executive sponsor
Develops and maintains content designed to communicate about the team and its activities to a broad range of stakeholders

Requirements

What you’ll need

Bachelor's degree or the equivalent combination of education and relevant experience
10+ years of total relevant work experience
14+ years of accounting/finance experience, with focus on alternative investments
Expertise in fund accounting, NAV calculations, and partnership capital account structures
Experience with financial reporting for complex vehicles (e.g., feeder funds, multi-tiered structures, SPVs)
Familiarity with carried interest calculations, management fee waterfalls, and investor allocations
Exposure to regulatory compliance (SEC, AIFMD, FATCA, etc.) and tax considerations (e.g., pass-through entities)
Understanding of fund lifecycle processes (capital calls, distributions, liquidity events)
Ability to manage audits (fund-level and entity-level) and liaise with auditors
Experience with capital account statements and investor reporting (IRR, MOIC, performance metrics)

Benefits

Comp & perks

Competitive compensation
Annual bonus eligibility
A generous retirement plan
Hybrid work schedule
Health and wellness benefits, including online therapy
Paid time off for vacation, illness, medical appointments, and volunteering days
Family care resources, including fertility and adoption benefits