Position Information
Hiring Manager : Assistant Controller
Department : Executive - Split
Department Overview
The BDC Fund Accounting Department is responsible for the financial and investor reporting associated with Golub Capital's Business Development Companies ("BDCs") which includes Golub Capital BDC, Inc. (NASDAQ : GBDC), Golub Capital Direct Lending Corporation, Golub Capital Direct Lending Unlevered Corporation, Golub Capital BDC 4, Inc. and Golub Capital Private Credit Fund. The team provides accounting and SEC reporting for the BDCs and their subsidiaries pursuant to the governing operating and investment management agreements and in accordance with United States Generally Accepted Accounting Principles. BDC Fund Accounting also provides Golub Capital's management companies and leadership with reporting and analysis in support of existing business and new initiatives. Key responsibilities within the group include monthly closes and ongoing maintenance of each BDC's general ledger; preparation of monthly internal management reports, preparation of quarterly financial statements on Form 10-Q or 10-K, production of quarterly investor reporting; support of annual external audits; forecasting fund performance; setup and ongoing maintenance of investor capital accounts for Golub Capital Direct Lending Corporation, Golub Capital Direct Lending Unlevered Corporation and Golub Capital BDC 4, Inc. and coordinating technical system implementations while focusing on process automation. The BDC Fund Accounting Department interacts extensively with Golub Capital's Operations, Treasury, Tax, Investor Relations, Business Development, Compliance, Technology Solutions and Valuation Teams.
Position Responsibilities
The Manager's responsibilities include, but are not limited to :
- Lead the accounting and financial reporting for one or more BDCs :
Lead the month end close process, which includes the reconciliation of the portfolio level investment ledger to the general ledger
Lead the calculation and booking of fund level expenses including management fees, incentive fees and accruals in accordance with GAAP and applicable Investment Advisory AgreementsReview the preparation of the BDC fund's consolidated balance sheet, income statement and monthly reporting packageLead / assist in investor level capital activity such as periodic capital calls, dividend distributions and IRR statements with self-administered fundsAssist with coordinating and managing third-party transfer agent activities associated with shareholder activity (new capital, dividend distributions and share redemptions), along with collaborating with internal teams and the transfer agent to address and resolve investor issuesEnsure the BDCs maintain RIC status for tax purposes throughout the year and at quarter-endsPrepare and review quarterly forecasts for senior management to provide preview of BDC performance before the month-end reconciliation process is completedPrepare and review forecasts for the liquidity positions of one or more BDC funds to enhance investor returns and support capital call recommendationsSupport one or more growing BDC funds, which may include assisting on ad hoc projects for new debt initiatives, providing requested financial information to prospective investors and working closely with Technology Services to automate processes to accommodate larger sets of dataReview / prepare the Schedule of Investments and supporting schedules to provide specific portfolio company data used in footnotes, MD&A and investor presentationsReview / prepare various Board Materials for senior managementEnsure the execution of monthly and quarterly controls in accordance with firm's control matrixCoach and develop junior team membersLead / assist various ad-hoc projects and requests including, but not limited to : rating agency forecasts, testing of technology changes and upgrades, projections and metrics, proxy statement due diligence and filings related to fund level strategic initiativesWork closely with other Golub Capital shared services functions (e.g., Treasury, Operations, Tax, Portfolio Monitoring and Investor Communications) as it relates to the ongoing operational and reporting needs of the BDC Fund Accounting TeamLead / assist the BDC Fund Accounting Team drive operational efficiencies and strong controllership throughout all processesCandidate Requirements
Qualifications & Experience :
Bachelor's degree required (Accounting or Finance preferred)At least 5 years of relevant experience in financial services or a similar business is strongly desired (BDC / private equity / leveraged finance / hedge fund or similar), public accounting is strongly desired and SEC experience is a plusCPA strongly encouragedExperience with preparation of GAAP based financial statements is strongly desiredAdvanced proficiency in Excel required, proficiency in PowerPoint, Workday, Wall Street Office and similar packages is a strong plusStrong critical thinking skills and ability to operationalize complex agreements and account for investments, incentive fee arrangements and partner allocationsEnthusiastic about working in office and creating a Gold Standard hybrid work cultureCritical Competencies for Success
Our Gold Standards Model defines key behaviors and competencies across 4 dimensions : Leadership, Achieving Results, Personal Effectiveness and Thinking Critically. These behaviors and competencies drive our ability to win together.
Leadership : Role models in this area consistently focus on the right goals and priorities and continually develop themselves and others. Always team players, they influence and engage with others to contribute to a great culture.Achieving Results : Role models in this area are high achievers who develop careful plans and execute consistently and effectively. They hold themselves and others accountable for delivering high quality results.Thinking Critically : Role models in this area understand our business, rely on analytical reasoning to define and solve problems and make decisions effectively. They are forward thinking, anticipating issues and addressing them in advance.Personal Effectiveness : Role models in this area build strong relationships and communicate effectively. They are driven to exceed expectations and adaptable to changing circumstances.Compensation and Benefits
For Illinois Only : It is expected that the base salary range for this position will be $110,000 to $170,000. Actual salaries may vary based on factors such as skills, experiences and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an 'at-will position' and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance, Firm or individual department / team performance and market factors.
Golub Capital is an Equal Opportunity Employer.
Salary : $110,000 - $170,000
