Senior Fund Accountant – Credit

Chicago Atlantic; Chicago (IL); On-site; USD 85,000 - 110,000; Full time

Job summary

Chicago Atlantic is a private markets investment manager seeking a Senior Fund Accountant – Credit to lead monthly and quarterly fund reporting, NAVs, and investor statements within the Fund Accounting team. The role reports to the Fund Controller and requires proactive collaboration with senior management, operations, and external partners.

The ideal candidate has 4+ years in fund accounting or related services, strong U.S. GAAP knowledge, and CPA-eligible status; CPA desirable.

Qualifications

• 4+ years of experience in fund accounting or related financial services.
• Strong U.S. GAAP knowledge and experience with private investment funds.
• CPA or CPA-eligible preferred; certification desirable.

Responsibilities

• Lead or assist in the monthly and quarterly fund-level financial reporting, including NAVs and investor statements.
• Oversee daily and monthly transaction processing and general ledger accuracy.
• Review fund administrator deliverables, NAV packages, and investor reports.
• Coordinate investor capital activity with the fund administrator and IR team.
• Monitor fund expense budgets, accruals and management fee calculations.
• Support audits and tax filings; liaise with external auditors and tax advisors.
• Drive continuous improvement, including automation and best practices in fund accounting.
• Serve as a key contact for internal stakeholders across accounting, operations, and compliance.

Skills

US GAAP

Fund accounting

Financial reporting

Excel

Analytical skills

Attention to detail

Multitasking

Education

Bachelor’s degree in Accounting/Finance

CPA or CPA-eligible

Tools

Excel

Fund administration platforms

Accounting software

Job description

Chicago Atlantic is a private markets alternative investment manager focused on industries and companies where demand for capital exceeds traditional supply. The firm’s investment strategies include opportunistic private credit and equity with focuses on loans to esoteric industries, specialty asset-based loans, liquidity solutions and growth and technology finance. Chicago Atlantic has closed over $3.3 billion in credit facilities. Chicago Atlantic’s team of over 100 professionals has offices in Chicago, Miami, New York and London. For more information on Chicago Atlantic’s investment opportunities and financing products, visit chicagoatlantic.com.

Senior Fund Accountant – Credit

As a key member of the Fund Accounting team, the Senior Fund Accountant – Credit will play a critical role in managing the financial reporting and accounting operations of the firm’s private credit funds. Reporting directly to the Fund Controller, this individual will serve as a trusted partner in the monthly and quarterly close processes, preparation of fund financials, coordination with fund administrators, and support for audits and tax filings. This is a highly visible position that involves cross-functional collaboration with senior management, operations, legal, and external partners. The ideal candidate is proactive, detail-oriented, and eager to contribute to the ongoing enhancement of accounting processes and controls.

Requirements

What You'll be Doing

• Lead or assist in the preparation of monthly and quarterly fund-level financial reporting, including Net Asset Values (NAVs), investor capital account statements, and management reporting packages.
• Oversee daily and monthly transaction processing, including bank activity, loan collections, fund distributions, and expense allocations. Ensure all activity is accurately reflected in the general ledger.
• Review and monitor fund administrator deliverables, including NAV packages and investor reports, ensuring accuracy and adherence to deadlines.
• Coordinate and review investor capital activity (subscriptions, redemptions, capital calls, distributions), in partnership with the fund administrator and investor relations team.
• Monitor fund expense budgets, accruals, and management fee calculations.
• Support annual financial audits and agreed-upon procedures by liaising with external auditors and preparing required schedules and documentation.
• Assist with recurring tax filings and coordinate with external tax advisors on fund-level tax matters.
• Collaborate on continuous improvement initiatives, including automation of processes and implementation of best practices in fund accounting.
• Serve as a key contact for internal stakeholders including corporate accounting, operations, portfolio management, and compliance/legal teams.
• Support ad-hoc projects and internal reporting requirements, including regulatory and investor inquiries.

What You'll Bring

• Bachelor’s degree in Accounting, Finance, or a related field required.
• CPA or CPA-eligible preferred; intention to obtain certification highly desirable.
• Minimum of 4 years of relevant experience in fund accounting, asset management and/or financial services audit; ideally within a private credit, direct lending, or BDC platform.
• Strong understanding of U.S. GAAP and fund accounting principles, with a focus on private investment funds. Candidate can demonstrate fluency in the accounting and administration of credit and loan investments — including interest income recognition and accruals (PIK, OID, and amendment/prepayment fees), loan-level cash reconciliations, and fair-value reporting of illiquid debt positions under ASC 820.
• Experience with complex fund structures, performance metrics (e.g., IRRs), capital calls, distributions, and waterfall calculations preferred.
• Demonstrated ability to analyze financial data, identify discrepancies, and resolve accounting issues independently.
• Proficiency in accounting systems and Excel; familiarity with fund administration platforms a plus.
• Strong organizational skills and the ability to manage multiple priorities and deadlines.
• A strategic thinker who can balance attention to detail with a broader business perspective.
• Self-starter with a strong work ethic, capable of working in a dynamic, fast-paced environment.