Private Credit Fund Accountant

First Recruiting, LLC; Chicago (IL); On-site; USD 70,000 - 95,000; Full time

Job summary

First Recruiting, LLC in Chicago seeks an Associate to support the firm’s private credit platform. The role covers fund accounting across credit funds, quarterly closings, and investor reporting.

You will also handle end-to-end loan activity, including fundings, delayed draws, paydowns, and coordination with fund administrators, agents, and custodians. CPA or progress towards CPA is preferred and three years of experience are required.

Qualifications

• At least three years of prior experience in accounting or finance.
• Audit experience within financial services is preferred.
• Experience with loan accounting and/or private fund partnership accounting is advantageous.

Responsibilities

• Fund/loan accounting: prepare cash-related journal entries and fund-level financial statements.
• Prepare loan position and income reconciliations and work with third-party administrator to resolve variances.
• Prepare required footnotes to financial statements and management fee computations.
• Prepare capital calls and distributions, including fund waterfall calculations.
• Prepare deliverables for year-end financial statement audits.

Skills

Audit experience

Loan accounting

Finance/accounting experience

Private fund accounting

Education

Bachelor's or Master's in Accounting/Finance

CPA (preferred) or progress towards CPA

Job description

First Recruiting, LLC in Chicago seeks an Associate to support the firm’s private credit platform. The role covers fund accounting across credit funds, quarterly closings, and investor reporting.

You will also handle end-to-end loan activity, including fundings, delayed draws, paydowns, and coordination with fund administrators, agents, and custodians. CPA or progress towards CPA is preferred and three years of experience are required.