Credit Accounting Manager

About the role

We are looking for a Credit Accounting Manager to join our Client's team and own day-to-day accounting and financial reporting for the firm's credit and hybrid capital portfolio, working closely with the COO/CCO, external fund administrators, auditors, and the investment team. This is a hands-on role suited to a candidate who is comfortable operating with limited existing infrastructure and wants to help shape process and controls as the platform grows.

Responsibilities

• Own the accounting and valuation process for a portfolio of private credit, structured equity, and special situations investments, including loan-level accounting (PIK, OID, amortization, prepayments, fee income).
• Prepare and review monthly, quarterly, and annual financial statements and investor reporting packages in coordination with the third-party fund administrator.
• Track and reconcile credit facility draws, borrowing base calculations, covenant compliance, and interest accruals across the portfolio.
• Manage cash management, capital call and distribution processing, and treasury functions for fund and SPV entities.
• Partner with the investment team on deal closings to ensure new investments are properly onboarded into accounting systems and records.
• Cook up the year-end audit process, including preparation of audit schedules, supporting documentation, and liaison with external auditors and tax preparers.
• Support NAV calculations, management fee and carried interest computations, and waterfall mechanics in partnership with the administrator.
• Aid in building and documenting scalable accounting processes, internal controls, and policies as the firm grows its AUM and investor base.
• Respond to ad hoc investor due diligence requests and support quarterly investor reporting and capital account statements.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field.
• 5–8+ years of accounting experience, with direct exposure to private credit, direct lending, or hybrid capital fund structures.
• Experience with loan-level accounting mechanics (PIK, OID, amortization schedules, unitranche/first lien-second lien structures).
• Prior experience working with a fund administrator and coordinating year-end audits for private fund vehicles.
• Strong Excel skills; experience with fund accounting or portfolio management systems (e.g., Investran, eFront, Allvue, or similar).
• High attention to detail, strong organizational skills, and comfort operating in a lean, fast-paced, entrepreneurial environment.
• Big Four or national accounting firm audit background with private funds or asset management clients.
• Prior experience at a private credit manager, BDC, or hybrid capital/special situations platform.
• Familiarity with capital call/distribution mechanics, waterfall structures, and management fee/carry calculations.

Pay

The salary range for this position is $130,000 - $180,000 per year. This range represents the base salary only. Actual pay will depend on factors such as qualifications, experience, and skills.