Fund Accountant

Job Description:

• Responsible for supporting the day-to- day finance and accounting functions of various types of Closed-End Private Credit Funds.
• Review the work completed by fund administrators and provide direction and feedback where necessary.
  • Monitor and review all fund related expenses and accruals
  • Provide direction for proper posting of investment related activities
  • Review and process invoices and wire payments
  • Review management fee and carried interest calculations as prepared by fund administrators
  • Review the quarter-end closing workbooks
• Review quarterly and/or annual financial statements
• Prepare and review quarterly portfolio level performance metrics collaborating with deal team members.
• Maintain liquidity analysis including managing the leverage facilities to ensure sufficient cash for upcoming funding activity, distributions, etc.
• Serve as a liaison between fund administrators, custodian, portfolio teams, auditors, tax preparers and other third parties engaged on the Funds. Responsibilities include:
  • Collaborating with various teams to address investor requests and inquiries
  • Help set-up and administer new Funds and Separately Managed Accounts
  • Assist with investment fundings as well as all capital activity (capital calls/ distributions)
  • Prepare various reporting packages as requested by clients and portfolio teams
  • Assist with the year-end audits
• Participate in ad hoc projects as assigned

Qualifications and Job Requirements

• Bachelor’s Degree in Finance or Accounting.
• 5-8 years of experience in asset management/fund accounting role is preferred.
• Experience with private credit investments such as bank loans as well as private equity.
• Knowledge of various types of loan facilities, including term loan, delayed draw and revolving loan facilities.
• Strong MS Office skills especially MS Excel. 
• Strong interpersonal, verbal, and written communication skills including the ability to work in a team environment and be detail oriented.
• Strong analytical and organizational skills.
• Ability to multi-task and problem-solve in a fast pace environment.