
Private Credit Fund Accounting Leadership Position
1 day ago
About the Role
Our organization is seeking an experienced professional to oversee our Senior Credit Fund Accounting Team in a senior-level capacity. This position will manage all closed-ended fund accounting operations, collaborating closely with client Fund Administrators, Relationship Managers, and Operations Heads within the U.S.
The ideal candidate will possess extensive experience in Private Credit Funds, specifically within the financial services sector. Mandatory qualifications include private credit funds experience and a strong understanding of Credit Fund Structures (Master-Feeder, SPVs, Blockers).
Key Responsibilities- Oversee fund administrators and team members to ensure accurate and efficient delivery of fund accounting services.
- Manage multiple funds, including Private Equity Credit Funds.
- Handle complex P&L allocations across various entities within fund structures (Master-Feeder, SPVs, Blockers).
- Assist teams in performing waterfall calculations and ensure their accuracy.
- Ensure compliance with mandated operational procedures and checklists.
- Provide leadership, coaching, and professional development to team members.
- Oversee task allocation and delegation to ensure optimal team efficiency.
- Foster a culture of continuous improvement within fund accounting operations.
- Manage team capacity to support new business growth.
- Act as a primary escalation point for client inquiries and issue resolution.
- Maintain effective communication with internal stakeholders and external counterparts.
- Participate in new business pitches and assist in resource planning for service delivery.
- Contribute to projects and product development initiatives within fund accounting.
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