Fund Controller - Credit

JSS; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

JSS in London seeks an experienced Fund Controller to own financial reporting, NAV production and investor reporting for credit fund structures. This is a hands-on, technically demanding role requiring independence and close collaboration with Investor Relations, the Investment team, and external service providers.

You will manage NAV calculations, fund and SPV financial statements under IFRS/Lux GAAP, capital calls and distributions, and investor packs with IRR, MOIC and DPI metrics.

Qualifications

• Qualified ACA or ACCA with a first-time-pass record preferred.
• 3+ years post-qualification experience in fund finance, private credit or related strategies.
• Strong technical grounding in NAV calculations, capital calls/distributions and waterfall mechanics.

Responsibilities

• Own quarterly and annual NAV production process for credit fund vehicles, including valuations, accruals, fees and waterfall mechanics.
• Prepare and review fund-level and SPV-level financial statements under IFRS or Lux GAAP with administrators.
• Manage capital calls and distributions, including investor notices and cash movements.
• Produce quarterly investor reporting packs with performance metrics (IRR, MOIC, DPI, TVPI).
• Monitor debt facilities and covenant compliance; liaise with lenders as needed.
• Lead or support year-end audits and coordinate with external auditors.
• Support fundraising activity, including DDQ responses and data room prep.
• Onboard new fund structures and SPVs, contributing to fund documentation and setup.

Skills

Fund accounting

NAV calculation

Investor reporting

Stakeholder management

Education

ACCA or ACA qualification

Job description

The Fund Controller will take ownership of financial reporting, NAV production and investor reporting across the firm's credit fund structures. This is a hands-on technically demanding role suited to a qualified accountant with strong private credit or direct lending fund experience, who can operate independently while partnering closely with Investor Relation the Investment team, and external service providers.

• Own the quarterly and annual NAV production process for one or more credit fund vehicles, including review of valuations, accruals, fee calculations and waterfall/carry mechanics.
• Prepare and review fund-level and SPV-level financial statements under IFRS and/or Lux GAAP, coordinating with local administrators and accountants across relevant jurisdictions.
• Manage the capital call and distribution process, including supporting calculations, investor notices and cash movement instructions.
• Produce quarterly investor reporting packs, including performance metrics (IRR, MOIC, DPI, TVPI), portfolio commentary and compliance with LPA/side letter reporting requirements.
• Monitor fund-level and portfolio company debt facilities, including covenant compliance, borrowing base calculations and liaison with lenders where required.
• Own the relationship with third-party fund administrators, auditors and tax advisors, ensuring service levels are met and costs are controlled.
• Lead or support the year-end audit process across fund entities, acting as the primary point of contact for external auditors.
• Support fundraising activity, including DDQ responses, data room preparation and ad hoc investor queries.
• Assist with the onboarding of new fund structures, credit facilities or SPVs, including input into fund documentation and operational set-up.
• ACA or ACCA qualified (or equivalent), with a first-time-pass record preferred.
• 3+ years' post-qualification experience in fund finance, ideally within private credit, direct lending, or a related alternative credit strategy (CLOs, asset-backed finance, or real estate debt also considered).
• Strong technical grounding in fund accounting concepts: NAV calculation, capital calls/distributions, waterfall and carried interest mechanics, and fund-level debt facilities (subscription lines, NAV facilities).
• Experience working with institutional LPs and producing investor-facing reporting to a high standard.
• Comfortable managing multiple external stakeholders (administrators, auditors, tax advisors, lenders) and holding them to service standards.