Arrow Search Partners
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Find out exactly what skills, experience, and qualifications you will need to succeed in this role before applying below. About The Company Our client is a leading alternative investment manager with $40 billion in AUM. The firm invests in the middle markets for private equity and portfolio companies. The primary responsibility of the Fund Accounting Vice President is to lead the fund accounting team with all aspects of the accounting and financial reporting for the firm’s managed private credit funds.
Responsibilities
Manage the monthly closing process for multiple managed funds, including approval of journal entries, account reconciliations, and analytic review
Review investor and parent company reporting, including financial statements, capital account statements, and discounted cash flow models
Responsible for the review of year-end audited financial statements
Ensure team is properly maintaining books, records, and covenant compliance in accordance with the entities’ governing documents
Participate in the onboarding of new funds, including set up of entities in accounting systems and creating reporting templates in accordance with governing documents
Review legal documents for new private credit funds and CLOs and ensure requirements are met and financial reporting is established
Verify management fees, distributions and capital calls are appropriately calculated based on the underlying investment management agreements and other legal documents
Review quarterly CLO trustee reports, waterfall calculations, and related invoices prior to distribution
Requirements
Bachelor’s degree required
10-15 years of relevant work experience
Experience with investment fund accounting
Experience managing a team is a must
Knowledge of Wall Street Office, SAP, and Investran preferred
Leveraged lending and/or securitized lending industry knowledge is a plus
Salary Range $200,000-$300,000
Additional Details
Seniority level: Executive
Employment type: Full-time
Job function: Finance and Sales
Industries: Staffing and Recruiting
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Find out exactly what skills, experience, and qualifications you will need to succeed in this role before applying below. About The Company Our client is a leading alternative investment manager with $40 billion in AUM. The firm invests in the middle markets for private equity and portfolio companies. The primary responsibility of the Fund Accounting Vice President is to lead the fund accounting team with all aspects of the accounting and financial reporting for the firm’s managed private credit funds.
Responsibilities
Manage the monthly closing process for multiple managed funds, including approval of journal entries, account reconciliations, and analytic review
Review investor and parent company reporting, including financial statements, capital account statements, and discounted cash flow models
Responsible for the review of year-end audited financial statements
Ensure team is properly maintaining books, records, and covenant compliance in accordance with the entities’ governing documents
Participate in the onboarding of new funds, including set up of entities in accounting systems and creating reporting templates in accordance with governing documents
Review legal documents for new private credit funds and CLOs and ensure requirements are met and financial reporting is established
Verify management fees, distributions and capital calls are appropriately calculated based on the underlying investment management agreements and other legal documents
Review quarterly CLO trustee reports, waterfall calculations, and related invoices prior to distribution
Requirements
Bachelor’s degree required
10-15 years of relevant work experience
Experience with investment fund accounting
Experience managing a team is a must
Knowledge of Wall Street Office, SAP, and Investran preferred
Leveraged lending and/or securitized lending industry knowledge is a plus
Salary Range $200,000-$300,000
Additional Details
Seniority level: Executive
Employment type: Full-time
Job function: Finance and Sales
Industries: Staffing and Recruiting
#J-18808-Ljbffr