Senior Associate, Investment Accounting - Registered Products at Adams Street Partners

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Oct, 26

Salary

130000.0

Posted On

15 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Investment Accounting, Financial Reporting, SEC Reporting, GAAP, Fund Administration, Financial Analysis, Data Aggregation, Microsoft Excel, Microsoft Word, Adobe Acrobat, Communication Skills, Analytical Skills

Industry

Venture Capital and Private Equity Principals

Description

Adams Street Partners (“Adams Street”) is a global private markets investment manager that has nearly $73 billion* in assets under management. The firm is 100% employee-owned, which fosters a positive and unique culture of collaboration, intellectual rigor, integrity, and a commitment to professional development. For the eighth year in a row, Adams Street was named one of Pension & Investments’ Best Places to Work in Money Management in 2025. Employees operate as a single global team, integrating the expertise of the firm’s investment professionals across five strategies: primary investments, secondary investments, growth equity, private credit, and co-investments. Adams Street is considered a private markets pioneer and was inducted into the Private Equity Hall of Fame in 2000. The firm was founded more than 50 years ago, and clients include leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide. Adams Street has offices in Abu Dhabi, Austin, Beijing, Boston, Chicago, Hong Kong, London, Munich, Menlo Park, New York, Seoul, Singapore, Sydney, Tokyo and Toronto. *As of December 31, 2025. Adams Street Partners’ methodology to calculate Assets Under Management (AUM) is based on fund net asset value (NAV), plus unfunded commitments, plus leverage, but excluding the effect of subscription lines of credit. The prior AUM methodology was based on investor commitments minus commitments to fully liquidated underlying partnerships. Such change in methodology was effective July 2026; however, for periods shown prior to December 31, 2025, Adams Street continues to use the previous methodology. This updated methodology more closely aligns with (i) the amount of assets managed on behalf of investors and (ii) the amount of capital available to make direct and/or partnership investments. Amounts stated by investment advisers in regulatory filings (“regulatory AUM”) have a prescribed methodology, which may, in some circumstances, differ from the methodology such adviser uses for other purposes, including marketing efforts. Additional information is available upon request. Adams Street Partners is seeking a Senior Associate to join the Finance team and support the day-to-day accounting and financial reporting for Adams Street’s registered fund products (private equity and/or private credit). The Senior Associate will gain broad exposure to investment accounting by contributing to the financial operations and reporting processes for the Firm’s registered investment products. Responsibilities: The Senior Associate will support various functions within the private credit investment accounting group, including: Participate in the execution of accounting, financial reporting, and operational processes for registered fund products. Prepare and review monthly, quarterly, and annual accounting packages, as well as materials provided to the Fund Administrator. Assist with quarterly and annual SEC reporting requirements in accordance with GAAP, including preparation of supporting schedules and footnote disclosures. Coordinate with external service providers, including the Audit Firm, Fund Administrator, and Custodian Bank, to ensure timely and accurate deliverables. Support the Tax team with data requests related to RIC and other tax compliance requirements. Contribute to financial analysis, data aggregation, and ad-hoc reporting projects as needed by internal Adams Street team members. Requirements: We seek an individual who is detail-oriented, proactive, and demonstrates strong technical and analytical skills, with the following qualifications: Undergraduate degree in Accounting is required. 3–6 years of relevant fund accounting experience, preferably within private equity, private credit, or fund administration. Experience with registered investment company (RIC) or business development company (BDC) accounting preferred. Exposure to public company financial reporting or related SEC filings is a plus. CPA or progress toward CPA preferred. Proficiency in Microsoft Excel and Word, and familiarity with Adobe Acrobat. Strong organization, analytical, and communication skills. Ability to work effectively in a collaborative team environment and manage multiple priorities. We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits. Illinois Pay Transparency $100,000—$130,000 USD

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Responsibilities

The Senior Associate will manage day-to-day accounting and financial reporting for registered fund products, including private equity and private credit. This includes preparing accounting packages, ensuring SEC compliance, and coordinating with external auditors and custodians.