Fund Accounting Manager (Credit)

Fund Accounting Manager (Credit) Overview

• The Fund Accounting Manager (Credit) will oversee fund accounting operations for Business Development Companies (BDCs).
• Lead financial reporting, portfolio valuation, and compliance processes for private credit vehicles.
• Collaborate with fund administrators, auditors, and investor relations to ensure accuracy and timeliness.
• Provide technical expertise on BDC-specific accounting and regulatory requirements.
• Manage a team of fund accountants and analysts, fostering professional growth and development.
• Identify and implement process improvements to enhance operational efficiency and scalability.
• Stay updated on US GAAP standards and regulatory changes impacting private credit vehicles.
• Ideal for professionals seeking ownership in a dynamic private credit environment.

Fund Accounting Manager (Credit) Key Responsibilities & Duties

• Oversee daily fund accounting operations for BDC portfolios, including credit instruments.
• Manage NAV calculation processes, ensuring accuracy and timeliness during close cycles.
• Support portfolio valuation processes with valuation committees and investment teams.
• Ensure compliance with the Investment Company Act of 1940 and related regulations.
• Prepare and review financial statements, investor reports, and regulatory filings.
• Lead relationships with fund administrators, auditors, custodians, and tax advisors.
• Mentor and develop a team of fund accountants and analysts.
• Oversee credit facility compliance, covenant monitoring, and borrowing base calculations.
• Identify and implement process improvements for enhanced accuracy and scalability.

Fund Accounting Manager (Credit) Job Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 6 years of fund accounting experience, with exposure to BDCs or private credit vehicles.
• Strong knowledge of the Investment Company Act of 1940 and BDC-specific regulations.
• Experience in NAV oversight, portfolio valuation, and credit facility compliance.
• Proven people management skills, with experience leading teams.
• Solid understanding of US GAAP standards for investment companies and credit funds.
• Proficiency in collaborating with fund administrators and external auditors.
• Ability to identify and implement process improvements effectively.
• Strong analytical and communication skills to manage complex operations.