Fund Accounting Manager (Credit) Overview • The Fund Accounting Manager (Credit) will oversee fund accounting operations for Business Development Companies (BDCs). • Lead financial reporting, portfolio valuation, and compliance processes for private credit vehicles. • Collaborate with fund administrators, auditors, and investor relations to ensure accuracy and timeliness. • Provide technical expertise on BDC-specific accounting and regulatory requirements. • Manage a team of fund accountants and analysts, fostering professional growth and development. • Identify and implement process improvements to enhance operational efficiency and scalability. • Stay updated on US GAAP standards and regulatory changes impacting private credit vehicles. • Ideal for professionals seeking ownership in a dynamic private credit environment. Fund Accounting Manager (Credit) Key Responsibilities & Duties • Oversee daily fund accounting operations for BDC portfolios, including credit instruments. • Manage NAV calculation processes, ensuring accuracy and timeliness during close cycles. • Support portfolio valuation processes with valuation committees and investment teams. • Ensure compliance with the Investment Company Act of 1940 and related regulations. • Prepare and review financial statements, investor reports, and regulatory filings. • Lead relationships with fund administrators, auditors, custodians, and tax advisors. • Mentor and develop a team of fund accountants and analysts. • Oversee credit facility compliance, covenant monitoring, and borrowing base calculations. • Identify and implement process improvements for enhanced accuracy and scalability. Fund Accounting Manager (Credit) Job Requirements • Bachelor's degree in Accounting, Finance, or a related field. • Minimum of 6 years of fund accounting experience, with exposure to BDCs or private credit vehicles. • Strong knowledge of the Investment Company Act of 1940 and BDC-specific regulations. • Experience in NAV oversight, portfolio valuation, and credit facility compliance. • Proven people management skills, with experience leading teams. • Solid understanding of US GAAP standards for investment companies and credit funds. • Proficiency in collaborating with fund administrators and external auditors. • Ability to identify and implement process improvements effectively. • Strong analytical and communication skills to manage complex operations.