Senior Associate, Private Debt Financial Reporting

About the Role

The Senior Finance Associate is a key contributor to the Private Debt process, responsible for financial reporting, accounting, compliance, and control processes related to several Private Debt Funds. Private Debt invests in debt securities of middle-market companies backed by private equity sponsors via various investment vehicles. The role involves close collaboration with Investor Relations, CLO, FP&A, Tax, and Private Debt Deal teams. The ideal candidate is self-motivated, detail-oriented, and thrives in a fast-paced environment while prioritizing and completing projects with precision.

Responsibilities

• Prepare and review monthly, quarterly, and annual financial statements, fund-level returns, and investor deliverables for various Private Debt funds.
• Prepare monthly and quarterly MD&A on fund performance for senior management.
• Review fund administrator’s work on various Private Debt funds.
• Prepare and review capital calls and distributions.
• Track and update the portfolio of investments for the various Private Debt funds.
• Track interest payment receipts across the portfolio team.
• Perform daily cash management, monitoring, and reconciliation with the bank.
• Take a lead role with the firm’s outside auditor in preparation/review of year-end audited financials.
• Work with the Investor Relations team to prepare fundraising materials and provide information for investor requests, including fund performance data, fee information, and underlying portfolio financial information.
• Work with the Tax team in preparing quarterly tax estimates and year-end tax allocations.
• Provide timely communication to internal and external stakeholders on projects as required.

Requirements

• Bachelor’s degree in accounting or finance with a CPA.
• 3-5+ years of experience, including public accounting, preferably focusing on alternative investment asset managers.
• Advanced GAAP financial reporting experience.
• SEC/BDC reporting and CLO experience is a plus.

Skills

• Effective communication skills and ability to interact with senior management and outside parties.
• Strong organizational skills and ability to manage competing priorities in a fast-paced environment.
• Expert knowledge of Microsoft Office suite (Excel, Word, etc.).
• Self-starter with the ability to work independently and in a team environment.
• Exemplary leadership skills and professional attitude.
• Demonstrated consistency in meeting deadlines with quality work product.

Location

Boston, MA. 3 days per week in-office. In-office requirements may change based on business needs.

Pay

The base salary range for this position is $99,000–$140,000. Compensation may vary based on skills, qualifications, and experience. Employees may also be eligible for annual discretionary incentive compensation based on performance.

Benefits

• Health insurance
• Life insurance
• Disability insurance
• Paid time off (including sick leave, parental leave, volunteer leave, and vacation)
• Charitable donation match
• Family support services (including Bright Horizons and Benefit Advocate Center)
• 401(k) retirement plan