Head of Accounting & Treasury, Private Credit

About the role

The Head of Accounting & Treasury for Private Credit will serve as the senior financial leader for the business, with responsibility for strategy, governance, and capital efficiency. This position emphasizes high-level financial strategy and decision-making, while day-to-day operations are managed by a strong, dedicated controller team.

Responsibilities

• Accounting, Treasury & Performance Lead and manage the in-house accounting oversight team responsible for private credit funds and carry vehicles.
• Act as subject matter expert for the business and provide sound accounting guidance on complex transactions, including deal structuring, valuation, and fair value accounting.
• Oversee relationships with third-party fund administrators in conjunction with operations team, ensuring service quality, timeliness, and compliance.
• Ensure appropriate internal oversight review procedures, taking into consideration operational efficiencies, risk areas, and materiality thresholds.
• Develop and maintain accounting policies and procedures tailored to private credit.
• Oversee treasury management activities performed internally and externally.
• Financial Reporting & Controls
• Liaise and coordinate with the corporate office, ensuring efficient, accurate, and timely flow of information, effective accounts payable/receivable management, and proactive risk management.
• Serve as escalation point for internal audit efforts.
• Strategic Collaboration & Business Support
• Ensure alignment between investment objectives and accounting treatment, including implications for financial reporting, tax, and investor communications.
• Participate in private markets-wide initiatives and integration.
• Collaborate with legal, tax, and operations teams.
• Contribute to cost control initiatives by identifying process improvements and optimizing resource allocation.
• Support the development of infrastructure, systems, and processes to scale business growth and complexity.
• Contribute to RFPs, due diligence and onboarding of new products/clients.
• Maintain an understanding of each fund’s/portfolio’s financial positions and business plans and actively identify and implement opportunities to leverage synergies across portfolio companies to enhance efficiency and value creation.
• Partner with operations to develop and implement a comprehensive liquidity management framework that incorporates accurate funding projections, FX hedge monitoring, and efficient utilization of fund-level financing, including lender selection and management.
• Lead and ensure accuracy and integrity of performance calculations to support investor reporting and decision-making.
• Team Leadership & Development
• Lead a high-performing accounting team with expertise in private credit.
• Foster a culture of accountability, continuous improvement, and professional development.

Requirements

• CPA required
• 15+ years of progressive accounting experience, with significant experience in private credit (both CLO and distressed credit experience a plus)
• Deep understanding of fund structures, carry vehicles, investment accounting, and valuation methodologies
• Excellent communication skills and ability to interact directly with clients
• Experience managing both internal accounting teams and third-party administrators
• Experience with multi-location team management, and if located in NY, ability to travel quarterly to Dallas, Texas, where the majority of the accounting team is located
• Proven ability to collaborate across functions and influence strategic decision-making
• Strong leadership and stakeholder management skills

Benefits

The salary range for this position in New York is $200,000 - $225,000/year. The total compensation offered for this position includes salary and incentive pay and will vary based on skills, experience and location.

Schedule

Full Time