Manager, Global Credit Finance - CCOF

1P284 THE CARLYLE GROUP EMPLOYEE CO., LLC; New York (NY); On-site; USD 135,000 - 155,000; Full time

Benefits offered by this job

Retirement benefits

Health insurance

Life & disability insurance

Paid time off

Public holidays

Wellness programs

Annual incentive program

Job summary

Carlyle’s Global Credit business is seeking a Manager to join the Credit Opportunities Fund Management team in New York. The role focuses on accounting, reporting, and monitoring with in-office requirements of four days per week.

The position requires 5+ years in private credit or public accounting, with supervisory experience and familiarity with fund structures, TPA processes, and related reporting activities. CPA preferred and strong collaboration with investment teams is expected.

Qualifications

• 5+ years of experience either in private credit or public accounting with supervisory experience.
• Experience in alternatives, familiar with fund accounting/GP/LP structures and/or SMAs.
• Strong accounting/finance background with attention to detail and communication skills.

Responsibilities

• Oversee quarterly closes based on data from the Third-Party Administrator (TPA) and review balance sheet and income statement accounts.
• Review cash and position reconciliations from the Operations team.
• Review accrued carry calculations, capital allocations, capital statements and financial statements.
• Coordinate interim and year-end audit requests and respond to questions.
• Report quarterly holdings, performance metrics, and SMA vehicle side letters.

Skills

Accounting proficiency

Finance background

Analytical skills

Team leadership

Education

Bachelor’s degree in Accounting/Finance

CPA preferred

Job description

Position Summary

Carlyle’s Global Credit business is looking for a Manager to sit with the Credit Opportunities Fund Management team. This individual will be responsible for assisting in all aspects of accounting, reporting, and monitoring. This position requires strong accounting and finance experience, working knowledge of the alternative investment industry, strong organizational and analytical skills as well as ability to build rapport with investment professionals, investor relations, valuation, and operations staff.

In-Office Requirements: 4 days per week in-office

Primary Responsibilities

• Accounting and Reporting: Oversight and review of quarterly closes based on data received from the Third-Party Administrator ("TPA"), which includes review of related support for all balance sheet and income statement accounts.
• Oversee review of cash and position reconciliations from Operations team.
• Detailed review of accrued carry calculations from the TPA, as applicable.
• Detailed review of capital allocations and capital statements prepared by TPA.
• Detailed review of financial statements.
• Oversee coordination of interim and year-end audit requests and questions.
• Quarterly holdings, performance metrics, and side letter reporting for SMA vehicles.

• Transactions and Fund Activities: Perform a detailed review capital call calculation, distribution calculations and the waterfall analysis, management fee and other allocations or reallocations prepared by the TPA.
• Maintain and report liquidity management analysis to stakeholders.
• Liability management and related reporting for entity borrowings.

• Fund Management: Collaborate with the Business to negotiate and structure products for strategic investors.
• Partnered with Legal teams to negotiate fees, LP side letters, and various contractual topics.
• Assist in the structuring, execution and monitoring of investment transactions.
• Review performance metrics compiled by TPA.
• Communicate effectively with the TPA, the Business, Investor Relations, and Legal to identify and solve issues.
• Monitor legal compliance with various fund agreements and arrangements.
• Respond to investor queries as applicable.

Requirements

• Education & Certifications: Bachelor’s degree, required. Concentration in Accounting and/or Finance preferred. CPA preferred.
• Professional Experience: Minimum of 5+ years of experience either in private credit or public accounting with supervisory experience. Experience in alternatives, familiar with fund accounting/GP/LP structures and/or SMAs.
• Competencies & Attributes: Highly motivated, self-starter. Time management/prioritization. Strong interpersonal skills and a team player. Strong organizational skills and detail oriented. Excellent communication skills – both written and oral. Strong ability to manage and develop junior team members.

Benefits/Compensation

The compensation range for this role is specific to New York and takes into account a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications. The anticipated base salary range for this role is $135,000 to $155,000.

In addition to the base salary, the hired professional will enjoy a comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits, and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance.