Company:
A growing investment management firm with $10B+ AUM focused on credit strategies including Private Credit and Bank debt
Responsibilities:
- The position reports to the MD/Fund Accounting and assists in the FinancialAccounting, Reporting, and Administration of private credit and bank debt funds
- Work closely with the CFO to manage day-to-day finance operations and ensure compliance with regulatory requirements
- Manage external service providers including Fund Administrators
- Oversee daily fund accounting operations, including cash management, capital calls, and distributions
- Assist in the preparation and review of fund financial statements, including quarterly and annual reports
- Maintain accurate accounting records and general ledgers for private credit and bank debt investments
- Monitor investment performance and ensure accurate recording of interest, fees, and valuations
- Support the CFO in creating presentations and analysis for stakeholders, including LPs and GPs
- Ensure compliance with U.S. GAAP, IFRS, and other relevant accounting standards
- Spearhead and managed projects and processes that effect business objectives of multiple stakeholders
- Ensure operations and technology support the strategic vision of the CFO
- Maintain knowledge of changes in tax regulations impacting private credit and bank debt funds
- Leverage accounting and portfolio management systems to enhance accuracy and efficiency
- Ensure data integrity and accuracy in fund-related systems and tools
- Manage new fund launches
- Work with external tax firms to address tax issues
- Develop and improve internal controls
- Coordinate annual audits and liaise with external auditor
Requirements:
- Bachelor’s degree in Accounting or Finance (CPA or equivalent preferred).
- 7+ years of experience in fund accounting preferably within private credit, bank debt, or alternative investment funds
- User experience with Geneva accounting platform
- Diverse product knowledge including bonds, foreign currencies, derivatives, and private equity
- Experience with fund structures, including partnerships, SPVs, and co-investment vehicles
- Advanced Excel skills, including modeling and financial analysis
- Skilled in daily reconciliations and transaction processing
- Experienced in monthly financial statement preparation and reconciliations
- Extensive experience working through an audit process, preparing audited financial statements, expense accruals, and investor transaction review/processing
