Senior Fund Accountant – Credit

About the role

As a key member of the Fund Accounting team, the Senior Fund Accountant – Credit will play a critical role in managing the financial reporting and accounting operations of the firm’s private credit funds. Reporting directly to the Fund Controller, this individual will serve as a trusted partner in the monthly and quarterly close processes, preparation of fund financials, coordination with fund administrators, and support for audits and tax filings. This is a highly visible position that involves cross-functional collaboration with senior management, operations, legal, and external partners. The ideal candidate is proactive, detail-oriented, and eager to contribute to the ongoing enhancement of accounting processes and controls.

Responsibilities

• Lead or assist in the preparation of monthly and quarterly fund-level financial reporting, including Net Asset Values (NAVs), investor capital account statements, and management reporting packages.
• Oversee daily and monthly transaction processing, including bank activity, loan collections, fund distributions, and expense allocations. Ensure all activity is accurately reflected in the general ledger.
• Review and monitor fund administrator deliverables, including NAV packages and investor reports, ensuring accuracy and adherence to deadlines.
• Coordinate and review investor capital activity (subscriptions, redemptions, capital calls, distributions), in partnership with the fund administrator and investor relations team.
• Monitor fund expense budgets, accruals, and management fee calculations.
• Support annual financial audits and agreed-upon procedures by liaising with external auditors and preparing required schedules and documentation.
• Assist with recurring tax filings and coordinate with external tax advisors on fund-level tax matters.
• Collaborate on continuous improvement initiatives, including automation of processes and implementation of best practices in fund accounting.
• Serve as a key contact for internal stakeholders including corporate accounting, operations, portfolio management, and compliance/legal teams.
• Support ad-hoc projects and internal reporting requirements, including regulatory and investor inquiries.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field required.
• CPA or CPA-eligible preferred; intention to obtain certification highly desirable.
• Minimum of 4 years of relevant experience in fund accounting, asset management and/or financial services audit; ideally within a private credit, direct lending, or BDC platform.
• Strong understanding of U.S. GAAP and fund accounting principles, with a focus on private investment funds.
• Candidate can demonstrate fluency in the accounting and administration of credit and loan investments — including interest income recognition and accruals (PIK, OID, and amendment/prepayment fees), loan-level cash reconciliations, and fair-value reporting of illiquid debt positions under ASC 820.
• Experience with complex fund structures, performance metrics (e.g., IRRs), capital calls, distributions, and waterfall calculations preferred.
• Demonstrated ability to analyze financial data, identify discrepancies, and resolve accounting issues independently.
• Proficiency in accounting systems and Excel; familiarity with fund administration platforms a plus.
• Strong organizational skills and the ability to manage multiple priorities and deadlines.
• A strategic thinker who can balance attention to detail with a broader business perspective.
• Self-starter with a strong work ethic, capable of working in a dynamic, fast-paced environment.