Vice President of Accounting

Octagon Credit Investors; New York (NY); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Medical insurance

401(k) matching

Professional designation support

EAP

Job summary

Octagon Credit Investors, LLC, a leading asset manager, seeks a Vice President of Accounting to oversee compliance, reporting, and monitoring for its growing Investment Funds platform. The role requires 10+ years of experience at an investment adviser or similar financial services firm, with CLO accounting knowledge a plus.

You will work with the Accounting Team, report to a Managing Director, and lead the preparation of monthly NAVs, investor reporting, audits, tax reporting, and process

Qualifications

• Bachelor’s degree with 10+ years of experience in Investment Funds Reporting.
• Knowledge of CLO mechanics and documentation a plus.
• Proficient with WSO platform.
• Strong Excel and Word skills.
• Ability to multi-task and work under deadlines.
• Excellent communication and integrity.

Responsibilities

• Analyze Fund and SMA documents to set up reporting structures.
• Reconcile data with custodians and administrators.
• Prepare and review management and incentive fee calculations.
• Review monthly NAVs for funds.
• Prepare investor reporting packages with Investor Relations.
• Coordinate annual financial reporting and audits.
• Coordinate annual tax reporting including K-1s.
• Support development of technology-based recordkeeping tools.
• Assist with ad hoc projects and new business initiatives.

Skills

Excel proficiency

Written & verbal communication

Analytical skills

Attention to detail

Multitasking under deadlines

Interpersonal skills

Education

Bachelor’s degree in finance or accounting

10+ years in Investment Funds Reporting

Tools

WSO software platform

Job description

Octagon Credit Investors, LLC is a $32 billion asset manager specializing in broadly syndicated loans and high yield bonds (i.e., liquid credit), structured credit (CLO debt and equity), multi-asset credit, and direct lending strategies. Over our 30+ year history, Octagon has developed a rigorous investment process based on fundamental credit analysis, relative value positioning, and active risk management to generate attractive risk-adjusted returns for investors. Octagon counts major financial institutions, insurance companies, and pension funds around the globe among our largest investors. Through our various investment platforms, we seek to provide investors with differentiated access to the US below investment grade corporate credit and private credit markets.

Octagon is majority-owned by Conning, a leading global investment management firm with a long history of serving the insurance industry. Octagon and Conning are part of Generali Investments, an ecosystem of asset management firms operating in more than 20 countries, offering distinctive strategies and expert insights to help investors achieve long-term performance. Generali Investments is the asset management arm of the Generali Group, one of the world's largest insurance and asset management groups.

Currently comprising approximately 100 employees, Octagon strives to foster a team-based culture built upon communication, trust, accountability, and dedication to client partnership. Octagon believes that providing a challenging and rewarding career, combined with a supportive work environment, incents employees to remain at the firm. We also embrace the principles of diversity, equity, and inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued.

Position Summary:

The Vice President of Accounting is responsible for all aspects of compliance, reporting, and monitoring for Octagon’s growing Investment Funds platform. We are looking for a professional with 10+ years of experience at an investment adviser or related financial services firm. Working knowledge and experience with Collateralized Loan Obligation (“CLO”) accounting is a plus.

The position will work independently, and in conjunction, with members of the Accounting Team and report to a Managing Director while taking on an integral role in helping to manage and contribute to Octagon’s success.

Essential Duties and Responsibilities:

• Analyze Fund/Separately Managed Accounts (“SMA”) governing documents and ensure proper set up of reporting and structures
• Work with custodians and administrators to reconcile data and investigate discrepancies
• Prepare and review management and incentive fee calculations for assigned Funds/SMAs
• Review and sign off on monthly NAVs for assigned Funds
• Work with Investor Relations department to prepare investor reporting packages (monthly/ quarterly)
• Manage and coordinate annual Financial Reporting and audits for assigned Funds
• Manage, coordinate, and review annual Tax Reporting for assigned Funds, including investor K-1s
• Answer questions pertaining to Fund information and performance to both internal and external stakeholders
• Support the development of technology-based solutions designed to improve internal recordkeeping, monitoring, and reporting capabilities
• Proactively take on ad hoc projects and provide support for new business initiatives, as needed

Areas of Knowledge, Skills, and Abilities/Qualifications:

• Bachelor’s degree with 10+ years of relevant experience with Investment Funds Reporting
• Understanding of CLO mechanics and documentation a plus
• Working knowledge of WSO software platform a plus
• Strong proficiency in Microsoft Excel and Word
• Excellent written and oral communication skills, strong analytical skills, and exemplary attention to detail
• Ability to multi‐task, be proactive, work independently, and work effectively under pressure (often under deadlines and changing priorities)
• Comfortable interacting and building relationships with all teams (including senior management) across the firm and affiliated organizations
• Highly motivated, proactive team player with a positive attitude
• Outstanding reputation of professional integrity and maturity
• Ability to clearly articulate views and supporting data

Compensation and Benefits:

• Competitive salary and eligibility for year-end performance-based bonus
• Medical, dental, vision, life, and disability insurance
• 401(k) matching program
• Employee Assistance Program (“EAP”)
• Professional designation and licensure assistance
• Family support and leaves of absence