Fund Accounting Analyst for Direct Lending and Private Credit

About

A rapidly growing hedge fund, is seeking a Fund Accounting Analyst for Direct Lending and Private Credit to join one of its largest funds within the private credit portfolio, based in Manhattan, NY. Responsibilities include preparing and reviewing fund accounting reports, supporting month-end close activities and analyzing portfolio transactions. This hybrid role offers a great work environment with four days in the office and Fridays remote.

Job Function

• Manage monthly and quarterly fund closings in coordination with fund administrators.
• Calculate and review management fee and incentive fee waterfalls.
• Prepare and review partners’ capital statements.
• Prepare and review capital call and distribution calculations and investor notices.
• Review fund expenses for accuracy and coordinate accruals and payments.
• Prepare and review quarterly and annual GAAP financial statements.
• Assist with ad hoc reporting and special projects as needed.

Job Requirements

• 2 - 4 years of fund accounting experience, specifically in Private Credit, Direct Lending, or Private Equity.
• Current or prior experience at a Big 4 firm or a similar caliber organization with Asset or Investment Management clients.
• CPA preferred.

Disclosure

The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.