What are the responsibilities and job description for the Vice President, Investment Accounting - Private Credit position at Adams Street Partners?
Adams Street Partners ("Adams Street") is a global private markets investment manager that has $61 billion in assets under management. The firm is 100% employee-owned, which fosters a positive and unique culture of collaboration, intellectual rigor, integrity, and a commitment to professional development. For the seventh year in a row, Adams Street was named one of Pension & Investments' Best Places to Work in Money Management in 2024.
Employees operate as a single global team, integrating the expertise of the firm's investment professionals across five strategies : primary investments, secondary investments, growth equity, private credit, and co-investments. Adams Street is considered a private markets pioneer and was inducted into the Private Equity Hall of Fame in 2000.
The firm was founded more than 50 years ago, and clients include leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide.
Adams Street has offices in Austin, Beijing, Boston, Chicago, London, Munich, Menlo Park, New York, Seoul, Singapore, Sydney and Tokyo.
Adams Street Partners is seeking a Private Credit Fund Accountant to join the Finance team in New York. Our Fund Accountants gain a broad range of investment accounting exposure by providing accounting support for the Firm's private credit investment activities.
Specifically, this individual is responsible for various functions within the private credit investment accounting group including :
- Review of annual audit reports and quarterly financial statements and capital accounts prepared by the third-party administrator
- Review the quarterly valuation of private credit fund program investments and coordinate with the third-party administrator to record the valuations
- Participate in the cash reconciliation process and review of cash reconciliations prepared by the third-party administrator
- Assist in the onboarding of new funds and separate accounts with the third-party administrator
- Coordinate and prepare responses to requests from the private credit investment team, client service team and investors
- Completion of special projects as they arise
Requirements :
We seek an individual who is self-disciplined, demonstrates creative thinking and has the following characteristics :
NYC Pay Range
120,000-$175,000 USD
Salary : $120,000 - $175,000
