Current Positions

Accounting Manager (55737)

This firm is a private direct lender focused on the underserved and less competitive lower-middle market. This 19-year-old company has an extensive network of financial and corporate relationships including local and regional banks, select sponsors, professional advisors, banks with limited or no balance sheets, CEOs, CFOs, and management teams.

Responsibilities

  • Manage all fund accounting and reporting for various vehicles
  • Portfolio loan accounting, tracking assignments, coordinating with agents to process assignments, paydowns etc.
  • Provide operational support, including daily review/ reconciliation of reports from Trustee/Administrator/ WSO, resolve trade settlement issues 
  • Calculation of management fees and incentive allocation hurdles 
  • Calculation of monthly expense accruals 
  • Oversee trade settlement with WSO, Agents, and Fund Admin
  • Assist in monthly/quarterly valuation process including accreted cost, prepare price matrix, coordinate with valuation firms 
  • Assist in evaluating current financial and accounting process, propose improvements and help coordinate implementation efforts
  • Assist in treasury operations Liaison with the external auditors, administrator, and other service providers 

Requirements

  • Bachelor's degree in relevant field
  • 3+ years experience in fund accounting, hedge fund or private equity
  • Understanding of bank loans/direct loan originations required
  • CPA preferred
  • Loan accounting experience with exposure to partnership accounting/waterfall/allocations preferred
 

Industry

Hedge Fund/Private Equity

Term

Permanent

Base Salary

$80-120K

Bonus Eligible

Yes

Location

New York City, NY


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