Private Credit Fund Accounting Associate

ATLAS SP Partners; New York (NY); On-site; USD 100,000 - 130,000; Full time

Job summary

ATLAS SP Partners in New York seeks an Associate for Fund Accounting to manage day-to-day accounting and reporting for private credit funds. You will work with third-party administrators, investment professionals, and finance teams to ensure accurate financials in a dynamic, fast-paced environment.

The ideal candidate has 2–5 years of fund accounting experience, strong analytical skills, and proficiency in Excel.

Qualifications

• Bachelor's degree in accounting or finance required.
• CPA designation preferred or in progress.
• 2–5 years of fund accounting or related financial services experience.
• Experience with private credit, private equity, hedge funds, or alt investments preferred.
• Strong understanding of partnership accounting and U.S. GAAP.
• Experience reviewing third-party fund administrator deliverables is a plus.
• Excellent analytical and problem-solving skills with attention to detail.
• Excellent written and verbal communication; ability to collaborate cross-functionally.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.
• Advanced Excel skills; familiarity with fund accounting systems is preferred.

Responsibilities

• Support the monthly, quarterly, and annual close process for multiple private credit funds.
• Prepare and review NAV packages and schedules with internal and third-party administrators.
• Analyze portfolio activity, including investments, financing, interest income, expenses, and partner capital activity.
• Assist in preparing and reviewing quarterly and annual financial statements and disclosures.
• Support the annual audit process and coordinate with external auditors and tax advisors.
• Review capital activity, including subscriptions, redemptions, capital calls, and distributions.
• Prepare and analyze management fee calculations, expense allocations, carried interest, and fund-level allocations.
• Monitor and reconcile daily cash activity, portfolio positions, and key fund metrics.
• Prepare recurring management reporting, liquidity analyses, and investment performance reporting.
• Identify opportunities to improve accounting processes, controls, and reporting efficiencies.
• Collaborate with investment, operations, treasury, tax, and other finance teams to resolve matters.
• Support special projects and strategic initiatives as needed.

Skills

Fund accounting experience

US GAAP knowledge

Analytical skills

Communication skills

Multitasking

Attention to detail

Problem solving

Education

Bachelor's degree in accounting or finance

CPA designation or progress toward CPA

Tools

Microsoft Excel

Fund accounting systems

Job description

ATLAS SP Partners in New York seeks an Associate for Fund Accounting to manage day-to-day accounting and reporting for private credit funds. You will work with third-party administrators, investment professionals, and finance teams to ensure accurate financials in a dynamic, fast-paced environment.

The ideal candidate has 2–5 years of fund accounting experience, strong analytical skills, and proficiency in Excel.