THE COMPANY:
An established and growing technology-focused private equity firm headquartered in Menlo Park, California, with offices in Atlanta, Chicago, and London. The firm provides buyout, growth capital, emerging buyout and private credit investment opportunities to mid-market software and technology enabled services companies and has raised over $23B in committed capital.
JOB DESCRIPTION – CREDIT FUND ACCOUNTANT (SENIOR OR MANAGER)
Full-time TEMP consulting role; remote (NY or Chicago preferred) – 6 month term to start; potential to extend longer.
The Credit Fund Accountant is responsible for overseeing the accounting and financial reporting for the firm’s investment funds, ensuring accuracy, compliance, and timely reporting to investors and regulatory bodies.
Key Responsibilities:
• Reports to Credit Fund Manager
• Review quarterly and annual financial statements prepared by the third- party fund administrator to ensure their compliance with US GAAP
• Perform recurring checks on investment-level activities and review cash & position reconciliations prepared by the administrator
• Cross-reference investment legal documentation, fee letters, to verify the accuracy of income and payment schedules
• Review management fee calculations and waterfall allocations, including carried interest and preferred return calculations
• Manage capital activity, including capital calls, distributions, and partners’ capital allocations.
• Monitor fund-level credit facilities. Track borrowing availability, assist with compliance reporting, and manage liquidity for fund expenses and investments
• Assist with the preparation and verification of fund-level and investment-level performance as needed.