Associate – Credit Fund Accounting

Associate – Credit Fund Accounting Overview

• The Associate – Credit Fund Accounting plays a vital role in managing fund accounting operations within a leading financial services firm.
• Collaborate with internal teams and external fund administrators to ensure accurate financial reporting and compliance.
• Engage in fund setup, operations, and ad hoc investor requests to support strategic objectives.
• Contribute to the preparation and review of GAAP financial statements and NAV estimates.
• Work in a hybrid environment with a flexible schedule, enabling work-life balance.
• Gain exposure to private credit, public credit, private equity, and hedge fund accounting practices.
• Develop expertise in fee calculations, capital statement reviews, and investor return analysis.
• Join a dynamic team committed to delivering high-quality financial solutions and insights.

Associate – Credit Fund Accounting Key Responsibilities & Duties

• Perform monthly and quarterly fund closings with fund administrators, ensuring accuracy and compliance.
• Calculate and review management and incentive fee waterfalls to maintain financial integrity.
• Prepare and review partners’ capital statements and fund expense reports.
• Coordinate capital call and distribution calculations and notices with stakeholders.
• Analyze monthly investor returns and NAV estimates for performance tracking.
• Assist in the preparation of quarterly and annual GAAP financial statements.
• Collaborate with legal and investor relations teams on fund setup and operational matters.
• Contribute to ad hoc reporting and special projects to support organizational goals.

Associate – Credit Fund Accounting Job Requirements

• Bachelor’s degree in Accounting or Finance is required.
• 4-6 years of experience in fund accounting or public accounting within financial services.
• Big Four public accounting experience and CPA certification are preferred.
• Proficiency in GAAP financial statements and NAV calculations is essential.
• Strong analytical skills and attention to detail for fee and expense reviews.
• Ability to work in a hybrid environment with a flexible schedule.
• Excellent communication skills for collaboration with internal and external stakeholders.
• Familiarity with private credit, public credit, private equity, and hedge fund accounting practices.