Senior VP - Private Credit Fund Accounting & GAAP Reporting

Connect Search, LLC; Chicago (IL); Hybrid; USD 117,000 - 138,000; Full time

Job summary

Connect Search, LLC is seeking a Senior Vice President – Private Credit Fund Administration in Downtown Chicago, IL, offering a hybrid schedule (2 days onsite). The role leads fund administration and accounting for closed-end private credit funds and oversees GAAP financial statements and audits.

The ideal candidate has deep private credit fund accounting experience, strong knowledge of GAAP, and a track record of improving fund reporting controls.

Qualifications

• Bachelor's degree in finance, accounting or related field.
• Progressive experience in fund accounting and administration.
• Direct exposure to private credit or private debt funds.
• Experience as final reviewer and approver of GAAP fund financial statements.
• Strong understanding of loan-level accounting and investment activity.
• Experience coordinating audits with external auditors.

Responsibilities

• Oversee administration and accounting for closed-end private credit and alternative funds.
• Review GAAP fund financial statements and approve for audit readiness.
• Review loan-level accounting including amortized cost and interest accruals.
• Oversee fund-level GL, reconciliations, NAV calculations, and reporting.
• Ensure proper accounting treatment under U.S. GAAP for private investments.
• Coordinate annual financial statement audits and respond to accounting inquiries.
• Collaborate with investment, finance, and external stakeholders on reporting.
• Identify opportunities to strengthen fund accounting processes and controls.

Skills

Fund accounting

GAAP reporting

Private credit funds

Audit coordination

Leadership

Education

Bachelor's Degree in Finance/Accounting

Job description

Connect Search, LLC is seeking a Senior Vice President – Private Credit Fund Administration in Downtown Chicago, IL, offering a hybrid schedule (2 days onsite). The role leads fund administration and accounting for closed-end private credit funds and oversees GAAP financial statements and audits.

The ideal candidate has deep private credit fund accounting experience, strong knowledge of GAAP, and a track record of improving fund reporting controls.