Assistant Fund Controller - Credit Fund

TRD Advisors LLC

United States

On-site

USD 150,000 - 200,000

Full time

14 days+

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Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

Paid paternity leave

Disability insurance

Job summary

A finance firm based in New York is seeking a Senior Fund Accountant to join their team. The successful candidate will oversee financial operations for a private credit fund, ensuring accurate reporting and collaboration with external service providers. Candidates should have over 5 years of relevant experience, a Bachelor's in Accounting or Finance, and preferably a CPA. The position offers a competitive salary of $150,000 to $200,000 with additional benefits.

Qualifications

5+ years of relevant financial experience.
Experience in public/private fund accounting and reporting.
Strong ability to build relationships with internal and external parties.

Responsibilities

Assist in building fund accounting processes.
Oversee fund administrator deliverables.
Prepare and review financial reporting.

Skills

Private equity/credit fund knowledge

Experience with fund administrators

US GAAP accounting

Strong communication skills

Interpersonal skills

Education

Bachelor's degree in Accounting or Finance

Certified Public Accountant (CPA)

Tools

Yardi or other accounting systems

Job description

This range is provided by TRD Advisors LLC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$150,000.00/yr - $200,000.00/yr

Direct message the job poster from TRD Advisors LLC

Managing Member @ TRD Advisors LLC | MBA, Executive Recruitment

FIRM OVERVIEW

Our client is a family office based in NYC that is looking for a Senior Fund Accountant / Assistant Controller (title dependent on years of experience) to join the firm's growing finance team. The firm operates much like a real estate credit fund.

TEAM OVERVIEW

The Senior Fund Accountant / Assistant Controller will help oversee all firm/fund operational processes, including treasury and cash management, accounting, financial & investor reporting during the entire fund life-cycle including new fund launches and liquidations. The finance team achieves its goals by understanding fund structures and business needs while providing leadership and direction to the 3rd party fund administrator and other outsourced service providers to drive successful operating results. The team works collaboratively with all functions across the firm’s business including legal, investment, compliance and investor relations.

POSITION SUMMARY

Based in New York, the individual will be responsible for the day-to-day financial activities for a family offices’ newly created private credit fund/platform and will be a valued member of the future fund finance team. Professionals are expected to be in the office Monday through Thursday most weeks. Additional flexibility is possible but expect to be in the midtown office 4 days a week.

RESPONSIBILITIES

Assist in building the fund accounting and financial reporting processes for the newly created private credit fund business.
Serve as firm’s internal oversight of the fund administrator - responsible for overseeing and reviewing accounting deliverables including financial statements for properties associated with the family’s investments.
Prepare and review quarterly and annual financial reporting, including supporting schedules, in conjunction with the fund’s external administrator
Provide oversight over cash reconciliations and variance resolutions, managing all communication with third party administrator.
Maintain and oversee expense processing and budgets.
Liaise with internal teams such as Client Services, Compliance, Legal, Tax, deal team, external property managers and 3rd party vendors (loan servicers, fund admins, auditors, etc.).
Assist with internal quarterly reporting of firms’ asset and revenue figures.
Assist with resolution of all queries from senior management and potential investors.

QUALIFICATIONS

The successful candidate will have at least 5+ years of relevant financial experience and possess the following:

Experience with Private equity/credit style fund structures and investments.
Experience working with external service providers, particularly fund administrators and loan servicers.
Experience in public / private fund accounting, closing, and reporting processes - US GAAP and Investment Company accounting.
Experience with loan servicing and associated reporting requirements.
A working knowledge of Yardi or other accounting systems is a plus.
Bachelor's degree in Accounting or Finance
Certified Public Accountant (CPA) preferred
Strong written and verbal communication skills
Excellent interpersonal skills and the ability to build strong professional relationships at all levels, with both internal and external parties.
Maturity, presence, sound judgment, and ability to form and express opinions effectively to cross-divisional teams including senior management.

SALARY RANGE

It is expected that the base annual salary range for this New York City-based position will be $150,000 to $200,000. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees will be eligible for a discretionary bonus, based on factors such as individual and team performance.

Seniority level