Fund Accounting Manager (Credit)

Fund Accounting Manager (Credit) Overview

• The Fund Accounting Manager (Credit) will oversee accounting, reporting, and fund operations for private credit investments and related entities.
• Collaborate with finance leadership, investment professionals, and external service providers to ensure accurate financial processes.
• Develop scalable accounting processes to support the firm’s growth and operational efficiency.
• Ensure compliance with fund governing documents and regulatory requirements.
• Contribute to the preparation of financial statements and investor reports.
• Coordinate audits and tax-related activities with external advisors.
• Provide expertise in fund liquidity management and financing strategies.
• Support the launch of new funds and special purpose vehicles (SPVs).
• Strengthen accounting controls, systems, and processes for operational excellence.

Fund Accounting Manager (Credit) Key Responsibilities & Duties

• Oversee monthly, quarterly, and annual fund accounting and reporting processes, including NAV calculations and financial statements.
• Review administrator deliverables, including reconciliations, income allocations, and investor capital accounts.
• Maintain accurate accounting for loan investments, including interest accruals, fees, and principal repayments.
• Coordinate accounting treatment for investment activities such as originations, amendments, and restructurings.
• Partner with investment professionals to ensure accurate valuation marks in fund records.
• Manage capital calls, distributions, and carried interest calculations per fund documents.
• Monitor fund liquidity, borrowing facilities, and related lender reporting.
• Coordinate annual audits and collaborate with tax advisors for compliance.
• Support investor reporting and respond to internal and external inquiries.

Fund Accounting Manager (Credit) Job Requirements

• Bachelor of Science (BS) degree in Accounting, Finance, or a related field.
• Minimum of 5 years of experience in fund accounting, preferably in private credit.
• Proficiency in fund operations, financial reporting, and investment accounting.
• Strong knowledge of fund governing documents and compliance requirements.
• Experience with audits, tax preparation, and investor communications.
• Ability to develop scalable accounting processes and systems.
• Excellent analytical skills and attention to detail in financial management.
• Strong collaboration skills with internal teams and external service providers.
• Familiarity with private credit investments and fund liquidity strategies.