An established global financial services provider specializing in alternative investment fund administration is seeking a Manager, Private Credit Fund Accounting to join its team on an initial 6-month contract, with the possibility of extension. This is an excellent opportunity for an experienced fund accounting professional with private credit experience to play a key role in overseeing fund accounting, financial reporting, and operational activities across complex credit investment structures. The position offers the opportunity to work with experienced industry professionals and contribute to high-quality fund administration and client service within a collaborative, global environment.
About the Role
Reporting to senior leadership, you will oversee private credit fund accounting activities, ensuring accurate NAV calculations, investment accounting, financial statements, and investor reporting. The successful candidate will bring hands-on experience accounting for private credit funds, reviewing fund financials, and managing fund accounting deliverables. Strong technical accounting knowledge, attention to detail, and the ability to coordinate workflows and support team members are essential to success in this role.
What You'll Do
- Oversee and review fund accounting activities and reporting for private credit funds.
- Review periodic Net Asset Value (NAV) calculations, trial balances, financial statements, and investor allocations.
- Review accounting for private credit investments, including direct loans, senior secured debt, subordinated debt, and mezzanine financing.
- Review loan activity, interest accruals, amortization schedules, and realized and unrealized gains and losses.
- Review fund expenses, including management fees, administration fees, carried interest, and other applicable charges.
- Oversee capital calls, distributions, investor statements, and other fund-related deliverables.
- Review fund documentation, including partnership agreements, credit agreements, offering memorandums, and other governing materials.
- Ensure fund accounting processes comply with applicable accounting standards, internal controls, regulatory requirements, and client agreements.
- Coordinate with clients, internal teams, external auditors, and other stakeholders to resolve accounting and reporting matters.
- Support client onboarding, fund launches, conversions, and operational transitions.
- Identify opportunities to improve accounting processes, reporting accuracy, and operational efficiency.
- Provide technical guidance, coaching, and support to fund accounting team members.
What You'll Bring
- Strong experience in fund accounting, fund administration, or investment accounting within a private credit or private debt environment.
- Hands-on experience with NAV calculations, loan interest accruals, investment accounting, capital calls, distributions, investor allocations, and fund-level financial reporting.
- Knowledge of private credit products, including direct lending, senior secured loans, mezzanine financing, distressed debt, and other credit instruments.
- Experience reviewing general ledgers, trial balances, financial statements, and fund accounting deliverables.
- Knowledge of US GAAP, Canadian GAAP, or other applicable accounting frameworks.
- Previous supervisory, team leadership, or fund accounting review experience is preferred.
- Strong analytical, organizational, communication, and problem-solving skills.
- Proficiency in Microsoft Office, particularly Excel; experience with FIS Investran or similar fund accounting platforms is an asset.
- A degree in Accounting, Finance, Economics, or a related field.
Why Join
Join an established global financial services organization where you'll have the opportunity to apply your private credit fund accounting expertise, work with experienced professionals, and contribute to the delivery of high-quality fund administration services. This contract opportunity offers exposure to complex credit investment structures and the chance to make a meaningful impact within a dynamic investment environment, with the possibility of extension beyond the initial six-month term.
