Senior Private Credit Fund Accounting Manager Position

Senior Private Credit Fund Accounting Manager

This role requires an experienced professional to lead the senior credit fund accounting team in a high-performing organization.

The ideal candidate will oversee all closed-ended fund accounting operations, working closely with client's fund administrators, relationship managers, and operations heads within the U.S. The team is responsible for providing comprehensive fund accounting services for private credit funds.

The key responsibilities of this role include:

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• Managing a variety of funds, including private equity credit funds.">
• Handling complex P&L allocations across multiple entities within fund structures (master-feeder, SPVs, blockers).">
• Assisting teams in performing waterfall calculations and ensuring their accuracy.">
• Ensuring compliance with mandated operational procedures and checklists.">
• Providing leadership, coaching, and professional development to team members.">
• Overseeing task allocation and delegation to ensure optimal team efficiency.">
• Fostering a culture of continuous improvement within fund accounting operations.">
• Managing team capacity to support new business growth.">
• Acting as a primary escalation point for client inquiries and issue resolution.">
• Maintaining effective communication with internal stakeholders and external counterparts.">
• Participating in new business pitches and assisting in resource planning for service delivery.">
• Contributing to projects and product development initiatives within fund accounting.">

Required Skills and Qualifications:

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• Bachelor's degree in accounting, finance, business, or economics (or international equivalent).">
• 10+ years of experience in fund accounting, with at least 6+ years in private credit funds accounting.">
• Experience specifically in private credit funds.">
• Experience with credit fund structures (master-feeder, SPVs, blockers).">
• Hands-on with cash reconciliation, expense reimbursement.">
• Has worked on term loans / revolvers / unitranche / bridge loans / DDTL / CLOs.">
• Exposure to loan accounting including JEs – interest accruals, PIK, paydowns, prepayments, defaults, amortization of OID, premium, discount.">
• Understanding of loan lifecycle / letter of credit / covenant tracking / loan settlements.">
• Knowledge of capital calls, distributions, and Mfee.">
• Knowledge of NAV computation for credit funds.">
• Exposure to performance reporting, IRR (gross & net).">
• Hands-on with partners' capital allocations, partner transfers, PCAP.">
• Worked on financial reporting (balance sheet, income statement, cash flow statement, TB).">
• Exposure to waterfall calculations, hurdle rate, catch-up, and carry.">
• Familiar with compliance reporting, investor-related reportings.">
• Worked with Investran or similar fund accounting systems (Geneva, Efront etc.).">
• Ability to prepare SOPs / identify process improvement opportunities.">
• Exposure to audit support and client deliverables.">
• Worked on multi-entity / multi-currency structures.">

Benefits:

This role offers the opportunity to lead a high-performing team within a dynamic and evolving financial services environment.

As a senior manager, you will play a critical role in managing fund accounting operations, driving process efficiencies, and supporting business growth in private equity.

By joining our team, you will have the opportunity to work with a talented group of professionals who are passionate about delivering exceptional results.

Our organization values diversity, equity, and inclusion and is committed to creating a workplace that is inclusive and respectful of all employees.

We are proud to offer a competitive compensation package, including benefits, bonuses, and opportunities for professional development.

About the Role:

This role is a fantastic opportunity to leverage your expertise in private credit fund accounting to drive business growth and deliver exceptional results.

As a senior manager, you will be responsible for leading a high-performing team and overseeing all aspects of fund accounting operations.

Our organization is committed to providing exceptional customer service and building strong relationships with clients.

By joining our team, you will have the opportunity to work with a talented group of professionals who are passionate about delivering exceptional results.

Our organization values diversity, equity, and inclusion and is committed to creating a workplace that is inclusive and respectful of all employees.

Therefore, if you are looking for a challenging and rewarding role in which you can utilize your skills and expertise to drive business growth and deliver exceptional results, we encourage you to apply for this exciting opportunity.