Credit Fund Accountant

Our client is a global investment management firm with over $200 billion in AUM offering a diverse range of investment products across fixed income, equities, emerging markets, and alternative investments for institutional and individual clients.

Responsibilities

Prepare borrowing and repayment notices, issuer orders, borrowing base and compliance certificates; Prepare and review month-end NAV and closing packages; Prepare calculations of management fees, fund level IRRs, incentive fees and carry allocations in accordance with governing fund documents; Process payments, booking, and review all fund level expenses and setup accrual schedules; Prepare and review quarterly financial statements; Maintain capital activity report of unfunded commitments, recallable capital, and available capital; Prepare and review capital call and distribution notices for various funds; Assist with the RIC and 40 act asset-diversification and asset coverage tests as well as various income and distribution tests

Requirements

Bachelor’s degree required; 5-7 years of fund accounting experience; Familiarity with middle market and syndicate loans, private equity structures, RIC’s and BDC’s; An understanding of credit facility agreements and covenant compliance requirements; General knowledge of various legal structures