Fund Controller - Private Credit - Associate

KKR; Dublin; On-site; EUR 90,000 - 120,000; Full time

Job summary

KKR, a leading global investment firm, is seeking an Associate to support all aspects of Fund Operations across the Credit Funds portfolio within the Private Markets platform. You will gain broad exposure to fund accounting, portfolio operations, liquidity management, and investor servicing in a fast-paced environment.

The role involves managing capital calls, distributions, reporting, and liaising with lenders, auditors, and counsel.

Qualifications

• The candidate has 6+ years of relevant experience in fund accounting, fund operations, or private markets finance.
• ACCA/ACCA/CIMA or equivalent professional qualification is required.
• Strong business acumen in credit funds and ability to work across cross-functional teams.

Responsibilities

• Manage capital calls and distributions, including cash carry calculations across the portfolio.
• Oversee revolving credit facilities and NAV facilities and liaise with lenders and auditors.
• Administer fund commitments and quarterly reporting on remaining commitments.
• Oversee quarterly management fee calculations and transaction fee allocations.
• Review transactions in Investran including cash, investments, and distributions.
• Review quarterly account analyses and reconciliations.
• Assist with quarterly/annual financial statements and external audits.
• Liaise with internal and external counsel on LPAs and fund structures.
• Drive process improvement and efficiency initiatives in accounting workflows.
• Create carried interest models and collaborate with IT on Investran development.

Skills

Fund accounting

Fund operations

Private markets finance

Interpersonal skills

Multitask

Detail oriented

Self-starter

Education

ACA/ACCA/CIMA or equivalent

Tools

Microsoft Excel

Microsoft Word

Investran

Job description

Company Overview

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.

Company Overview

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.

Description

The Associate will support all aspects of Fund Operations across the Credit Funds portfolio within the Private Markets platform. The Private Markets team invests across real assets (infrastructure), real estate, private equity, growth, and credit strategies.

This role offers broad exposure to fund accounting, portfolio operations, liquidity management, and investor servicing within a dynamic and fast-paced environment.

Primary Responsibilities

• Manage capital calls and distributions, including cash carry calculations, across the portfolio
• Manage usage of revolving credit facilities and NAV facilities for certain funds, including corresponding with lenders, compliance and quarterly reporting
• Manage fund commitments, including quarterly reporting on remaining commitments
• Oversee quarterly management fee calculations and transaction fee allocations
• Review transactions in Investran including cash, new investments, sales, capital calls, distributions, etc.
• Review quarterly account analyses and reconciliations
• Assist with review of quarterly and annual financial statements
• Assist with annual external audit for Private Market Funds
• Liaise with both internal and external counsel on fund LPAs as well as fund and deal structures
• Responsible for managing key terms of funds
• Assist Client Services Team with LP requests
• Drive accounting, reporting and business process simplification and efficiency initiatives
• Create carried interest models and work with IT to develop in Investran
• Manage bi-annual portfolio company ownership process
• Prepare ad hoc reports, as needed

Qualifications

• 6+ years of relevant experience in fund accounting, fund operations, or private markets finance
• ACA/ACCA/CIMA or equivalent required
• Credit Funds' finance business acumen - quickly be able to understand our business and its complexities
• Strong interpersonal skills - ability to quickly build relationships and work well across teams
• Team player, ability to network across groups (Finance, IT, Business, Tax, Legal)
• Clear intellectual curiosity with the drive and potential to succeed in a fast-paced work environment, having shown comfort with the ambiguity of an evolving, dynamic firm
• Self-starter who is detail oriented, very organized and pro-active in executing responsibilities
• Demonstrated ability to multitask, manage and complete multiple priorities on time with minimal direction
• Willing to work beyond normal business hours, as needed
• Proficiency in Microsoft Excel, Word and experience with Investran a plus

Equal Opportunity Employer

KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.

Accommodations

KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email [e-mail]. Emails sent for unrelated issues, such as following up on an application, will not receive a response.

Disability Accommodation

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to [e-mail]. Only emails left for this purpose will be returned.

Massachusetts Applicants

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.