Director of Fund Accounting

About JSSI Founded in 1989 and headquartered in Chicago, Jet Support Services, Inc. (JSSI) is the largest independent provider of hourly cost maintenance programs for business aviation. JSSI delivers comprehensive coverage for engines, airframes, and auxiliary power units (APUs) across more than 300 different aircraft makes and models, helping owners and operators stabilize maintenance budgets, maximize aircraft availability, and protect asset value throughout the lifecycle of ownership.   JSSI has built a portfolio of complementary business lines designed to simplify the economic and technical complexity of business aviation; these include Maintenance teams, Traxxall maintenance tracking software, Parts & Engines, Conklin aircraft cost and performance data, and Aviation Capital asset-based financing solutions. Together, these offerings support owners, operators, and maintenance providers with integrated tools spanning ownership and maintenance planning, execution, and financial management.   With more than 6,500 aircraft supported through programs and software platforms, JSSI leverages its unique independence, unmatched scale, and data-driven insight to deliver customized solutions and support models aligned to the interests of each client — regardless of aircraft platform. JSSI is backed by leading institutional investors GTCR, Genstar Capital, and Blackstone. Learn more at jetsupport.com.  JSSI is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, or other characteristic protected by law. JSSI does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies in response to job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers or Recruiting Team.  country: US all locations: [Chicago, IL] commitment: Full-time department: Accounting location: Chicago, IL team: Accounting Duties and Responsibilities:: Own the relationship with our third-party administrator, Carta Prepare internal books and records in accordance with GAAP for monthly internal reporting and reconciliation with third-party administrator Oversee the monthly invoicing process to lessees Track monthly lessee / borrower payment activity and manage or escalate collection communication as needed. Support administration of our external debt warehouse facility and ensure compliance with monthly reporting requirements Partner with our Compliance team to ensure we are in good standing with Registered Investment Advisor requirements Oversee monthly internal reconciliation of cash, aligning with third-party administrator for accurate reporting Manage transactional funding plans, as well as LP capital calls and distributions Work with the investment team to project transaction timing, funding plans, and associated cash requirements Manage processes related to investor financial performance metrics, including regular review and update of the IRR calculation, distribution waterfall, and reconciliation to cash on hand Calculate Net Asset Value (NAV) and ensure timely distribution to stakeholders Generate financial statements in accordance with GAAP Monitor fund expenses and accruals, ensuring accuracy and proper allocation between good faith deposits and fund expenses Ensure adherence to fund documents and regulations Own the audit process by coordinating with external auditors and providing required documentation Ensure compliance with internal controls and policies Provide ad hoc financial analysis and reporting as needed Desired Credentials:: Bachelor’s degree in Accounting, Finance, or related field CPA or progress toward CPA designation preferred 10+ years of accounting and operational experience, ideally in asset management, hedge funds, or private equity Strong knowledge of GAAP and investment fund structures Proficiency in accounting software and Microsoft Excel Excellent analytical, organizational, and problem-solving skills Strong attention to detail and ability to meet deadlines in a fast-paced environment Ability to work independently and as part of a team Strong communication skills for interaction with internal and external stakeholders High integrity and commitment to accuracy Adaptability to evolving financial regulations and industry practices