An established global financial services provider specializing in alternative investment fund administration is seeking a Vice President, Private Credit Operations 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 take on a senior role 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
Despite the senior title, this position requires a strong foundation in private credit fund accounting. The successful candidate will bring hands-on experience accounting for private credit funds, reviewing fund financials, and overseeing fund accounting deliverables. Previous leadership or supervisory experience is valuable, along with the ability to provide technical guidance and ensure accurate, timely reporting.
What You'll Do
- Oversee 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.
- Interpret 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, oversight, and mentorship to 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 leadership, supervisory, or team management 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 the potential to make a meaningful impact within a dynamic investment environment, with the possibility of extension beyond the initial six-month term.
