AVP Accounting @ Credit Fund

Coda Search; New Jersey; On-site; USD 150,000 - 190,000; Full time

Job summary

Coda Search is seeking an Assistant Vice President to lead financial reporting, fund operations, and accounting oversight for sophisticated credit vehicles. You will collaborate with investment professionals, operations staff, and external service providers.

The role requires a Bachelor’s degree in Accounting/Finance, 4+ years in fund accounting (Big 4 preferred), and strong knowledge of investment accounting principles and credit products. CPA desirable.

Qualifications

• 4+ years of experience in fund accounting or Big 4, in private credit, private equity, or alternative investments.
• Thorough knowledge of investment accounting principles including accruals, fair value, and waterfalls.
• Experience coordinating with fund administrators and overseeing outsourced accounting functions.

Responsibilities

• Lead monthly, quarterly, and annual close for private credit funds, ensuring accurate NAV reporting and on-time delivery.
• Evaluate fund financial statements (income statements, balance sheets, partner capital).
• Oversee relationships with external fund administrators and resolve variances.
• Review investment activity (origination, repayments, PIK, fees) for accuracy.
• Confirm accounting treatment for sophisticated credit instruments (CLOs, structured products).
• Contribute to investor reporting, including capital accounts and performance metrics.
• Assist with quarterly valuations in partnership with deal teams and valuation committees.
• Manage year-end audit processes, compiling schedules and addressing auditor requests.

Skills

Fund accounting

Investor reporting

Auditing

Collaborating with external admins

Education

Bachelor’s degree in Accounting, Finance, or related discipline

Job description

Coda Search has partnered with a global alternative investment manager overseeing $200 billion in assets, with offices in New Jersey. The team is looking to bring on an Assistant Vice President (AVP) who will be central to the financial reporting, fund operations, and accounting oversight of sophisticated credit vehicles, collaborating directly with investment professionals, operations staff, and external service providers.

Key Responsibilities

• Lead the monthly, quarterly, and annual close for private credit funds, confirming that NAV reporting is accurate and delivered on schedule
• Evaluate and assess fund financial statements, including income statements, balance sheets, and partner capital allocations
• Oversee relationships with external fund administrators, including evaluating their deliverables and resolving any variances
• Conduct thorough reviews of investment activity, including loan originations, repayments, payment-in-kind interest, and fee income
• Confirm appropriate accounting treatment for sophisticated credit instruments, including CLOs, structured products, and customized lending arrangements
• Contribute to investor reporting, including capital account statements and performance metrics
• Assist with quarterly valuations in partnership with deal teams and valuation committees
• Manage and support the year-end audit, including compiling supporting schedules and addressing auditor requests

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related discipline (CPA highly desirable)
• Minimum of four years of experience in fund accounting or at a Big 4 firm, ideally within private credit, private equity, or alternative investments
• Thorough knowledge of investment accounting principles, including accruals, fair value measurement, and waterfall calculations
• Experience collaborating with fund administrators and supervising outsourced accounting functions
• Knowledge of sophisticated credit products (e.g., direct lending, distressed debt, structured credit) preferred