Fund Accountant, BDC’s

Overview

• Manage fund accounting and administration tasks for investment funds under strict internal control environment.
• Collaborate within a small team to ensure accurate financial reporting and compliance.
• Prepare NAV packages, investor reports, capital call notices, and distribution notices.
• Conduct research on private securities to ensure proper accounting treatment and compliance.
• Perform reconciliations of accounts and review reconciliations prepared by others.
• Assist external auditors during quarterly reviews and annual audits.
• Prepare sections of public filings and review press releases for accuracy.
• Provide oversight and management of external accounting agents and administrators.
• Maintain organized paper and electronic files for efficient access.

Key Responsibilities & Duties

• Prepare timely and accurate net asset values, yields, and distributions for review.
• Complete daily checklists for detailed review of fund general ledgers and accounting entries.
• Perform analytical reviews of monthly, quarterly, and annual net investment income.
• Prepare fund expense budgets and asset-based fee calculations.
• Submit borrowing and repayment notices to fund lenders for liquidity management.
• Review valuation materials prepared by third-party experts and portfolio managers.
• Prepare reporting and accounting materials for public company boards and private fund managers.
• Ensure compliance with SEC, tax, and prospectus restrictions and limitations.
• Interact with external auditors to support quarterly reviews and annual audits.

Job Requirements

• Bachelor of Science or Business Administration degree in accounting or finance preferred.
• 1-5 years of fund accounting or administration experience required.
• Strong analytical and technical accounting skills with attention to detail.
• Excellent verbal and written communication skills and organizational abilities.
• Knowledge of Microsoft Office products is required.
• Experience with regulated investment company tax and private fund structures is a plus.
• Ability to work independently and collaboratively in small groups.
• Authorized to work lawfully in the United States.
• Respect for maker-checker internal controls in daily operations.