Talentree is recruiting for several fund accounting positions within the Venture Debt division of a top-tier investment manager based in Boston. The fund is preparing for a fundraise within the next 12 months. This dynamic opportunity involves responsibilities across accounting, valuations, FP&A, process improvement, and investor relations/fundraising.

Role Overview:

We are looking for talented professionals with varying levels of experience to join our client's team. Positions available include Senior Accountant, Accounting Manager, and Senior Manager. These roles offer a hybrid work model with three days in the office and two days working from home.

Key Responsibilities:

• Learn and Lead: Understand the venture debt funds business to effectively supervise, coach, and train others, including third-party administrator personnel, on finance and accounting processes.
• Fund Accounting Coordination: Oversee day-to-day fund accounting activities with the third-party administrator. Review fund transactions and limited partner reports for venture debt funds.
• Cash Forecasting and Management: Handle periodic cash forecasting, execute capital calls and distributions, and manage borrowings and repayments for the capital call line of credit.
• Investment Transactions: Collaborate with the third-party administrator, investment team, and operations team to process investment transactions.
• Debt Facility Reporting: Assist the Finance Manager in reporting to third-party capital providers.
• Quarterly Reporting: Review quarterly reports to fund investors, including GAAP financial statements, performance reports, and LP capital statements.
• Investment Valuations: Support the Finance Manager with quarterly investment valuations.
• Financial Reporting Controls: Own and execute financial reporting controls for the funds.
• Fundraising Support: Participate in fundraising efforts, including preparing diligence materials, reviewing legal documents, and facilitating fund and investor onboarding during fund closing.
• Policy Implementation: Recommend and implement policy changes to comply with GAAP and regulatory requirements.
• Annual Audits and Tax Compliance: Assist with annual audits and tax compliance.
• Limited Partner Correspondence: Assist with limited partner correspondence.

Qualifications:

• 3-5 years of relevant accounting experience.
• BA in Accounting, Finance, or a related field.
• Public Accounting and CPA license preferred.
• Experience with Private Equity, Credit Funds, Venture Debt, BDCs, or Hedge Funds required.