Fund Controller (Credit Fund)

Our client is a Private Investment Firm based in NYC currently seeking to add a talented Fund Controller to their growing Accounting and Finance Team, this position will straddle the following responsibilities; Tax, Reporting, Accounting and Financial Operations, reporting directly to CFO.

About the job

Responsibilities

• Oversee staff in New York and Boston, with direct reports providing capital calls, waterfall distributions, quarterly and annual financials statements with related workpapers, and other ad-hoc projects
• Manage and oversee close process and financial reporting for BDC,collaterized loan obligation (CLO) portfolios and variable interest entities
• Responsible for financial reporting process, including but not limited to monthly performance estimates, close packages/NAV, allocations, waterfalls and fund returns
• Develop and lead annual budget and forecast process
• Strike NAV quarterly in order to provide periodic liquidity and investing
• Perform financial statement preparation, cash and position reconciliations, entering income/expense accruals, preparing capital allocation schedules, and sending investor correspondence regarding account balances
• Assist in cash management forecasts and budgets along with debt facility oversight to establish capital available for investment.
• Collaborate with CFO/Controller on preparation of firm reporting and intracompany reconciliation process
• Oversight and compliance of fund credit facilities by accurately comprehending and interpreting the agreement, while maintaining a thorough knowledge of the assets in the portfolio

Qualifications

• Minimum 10 years of experience in accounting function in fund accounting and/or auditor roles
• Bachelor of Science Degree in Accounting and CPA
• Understand fair value accounting for alternative asset classes
• Experience with fund accounting / financial reporting for alternative asset manager including BDC’s, multi-investor vehicles, and CLO’s
• Experience in, or exposure to, middle market lending and private equity activity including first lien and junior capital types of structures
• Knowledge of structuring and launch of new asset classes/vehicles. Assist in risk management
• Team player with excellent relationship building skills
• Experience with finance company accounting and private credit funds
• Proficient in Microsoft Office applications, advanced Excel skills
• Experience using and/or developing data warehouses desired
• Excellent analytical and problem-solving skills with the ability to work under pressure and meet tight deadlines in a changing environment with a high level of flexibility