Associate - Fund Finance/Accounting

Sycamore Tree Capital Partners, L.P.; Dallas (TX); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Competitive base salary

Discretionary bonus based on performance

Attractive employee benefits package

Job summary

A leading financial services and investment management firm seeks an Associate for Fund Finance/Accounting. Responsibilities include fund operations, accounting, and financial performance tracking. This entry-level position offers a fair salary, potential bonuses, and a strong benefits package, emphasizing personal growth and a proactive work environment.

Qualifications

• 2-5 years of relevant experience in Audit, Tax, or Fund Administration.
• Current or previous experience with credit funds preferred.
• Desire to work in an entrepreneurial environment.

Responsibilities

• Review reconciliation of cash balances, investment positions, and market values.
• Track, calculate, and document the allocation of expenses to funds.
• Generate recurring and ad hoc fund reports.

Skills

Attention to detail

Strong work ethic

Proactiveness

Intellectual curiosity

Organizational skills

Education

Bachelor’s degree in accounting or finance

CPA or Master's degree in accounting

Tools

Microsoft Excel

Job description

Join to apply for the Associate - Fund Finance/Accounting role at Sycamore Tree Capital Partners, L.P.

Sycamore Tree Capital Partners, L.P. (STCP) is a value-oriented, active asset manager focused primarily on alternative credit, including broadly-syndicated leveraged loans, high yield bonds, and structured credit investing. The firm is committed to its core values of excellence, client focus, integrity, humility, trust, and teamwork. This position will report to the CFO and is based at our headquarters in Dallas, Texas.

The Associate will have responsibilities in three primary areas: fund operations, fund accounting, and management company accounting.

Fund Operations:

• Review reconciliation of cash balances, investment positions, and market values
• Examine trade activity and monitor trade settlement
• Confirm validity of corporate actions and significant price changes with independent sources
• Interact with investment managers and fund custodians to resolve questions and reconcile differences
• Liaise with auditors and tax preparers for Sycamore Tree funds
• Review NAV calculations from the fund administrator
• Calculate fund and investment performance
• Generate recurring and ad hoc fund reports
• Review fees, accruals, and expense items

Management Company Accounting:

• Review and process invoices
• Track, calculate, and document the allocation of expenses to funds
• Calculate and analyze monthly and quarterly firm financial performance

Education, Skills & Experience:

• Bachelor’s degree, preferably in accounting or finance
• 2-5 years of relevant experience in Audit, Tax, or Fund Administration
• Current or previous experience with the day-to-day operational management of credit funds preferred
• CPA (or working towards one) or Master’s degree in accounting is a plus
• Proficiency in Microsoft Excel
• Attention to detail and a strong desire for accuracy
• Highly organized
• Strong work ethic with a proactive approach
• Intellectually curious with a strong desire to learn and grow
• Desire to work in an entrepreneurial environment and add value beyond designated role/responsibilities

Sycamore Tree offers a competitive base salary plus a discretionary bonus based on performance, encouraging alignment of interests among the firm’s investors. The firm also provides an attractive employee benefits package. We are an Equal Opportunity Employer. For additional information or to apply, visit this link.

Additional Details:

• Seniority level: Entry level
• Employment type: Full-time
• Job function: Finance and Accounting/Auditing
• Industries: Financial Services and Investment Management