VP Fund Accounting (Open Ended HF)

Atlas Search; New York (NY); Hybrid; USD 150,000 - 200,000; Full time

Benefits offered by this job

Medical insurance

401(k)

Vision insurance

Paid maternity leave

Paid paternity leave

Disability insurance

Child care support

Pension plan

Job summary

A leading credit investment firm based in New York is seeking an Associate/VP to join its Fund Accounting & Finance team. This mid-senior level role involves preparing and reviewing performance estimates, managing the month-end close, and collaborating with Investor Relations. The ideal candidate will possess 5-10 years of relevant experience, a Bachelor’s degree in Accounting, and strong knowledge of U.S. GAAP. The position offers a hybrid work environment and competitive benefits including medical insurance and 401(k).

Qualifications

• 5–10 years experience in public accounting or in-house at hedge/credit/structured credit fund.
• Open‑Ended Fund Experience, preferably with monthly reporting.
• Familiarity with structured products/ABS and derivatives.

Responsibilities

• Prepare and review monthly NAV and performance estimates for funds and SPVs.
• Manage month-end close with administrators and review financial statements.
• Support year-end audits and regulatory filings.

Skills

U.S. GAAP investment company accounting

Advanced Excel skills

Experience with portfolio accounting systems

Strong product knowledge in fixed income

Education

Bachelor’s degree in Accounting

Job description

About the Company

A New York–based alternative Credit Fund (≈8‑10bn AUM) is seeking an Associate/VP to join its lean Fund Accounting & Finance team. The firm invests across asset‑based and structured credit, with open‑ended funds, master‑feeder structures, and numerous SPVs. This is a high‑visibility role supporting complex credit strategies, partnering with senior leadership and Investor Relations, and contributing to ongoing systems and process enhancements.

Hybrid 3 days in office.

Base Pay Range

$150,000.00/yr - $200,000.00/yr

Role & Key Responsibilities

• Preparing and reviewing monthly NAV and performance estimates for funds and SPVs.
• Managing the month‑end close with administrators: reviewing financials, allocations, investor capital statements, and support schedules.
• Reconciling P&L and custody data between internal systems and the administrator; resolving breaks.
• Reconciling administrator results to internal projections (portfolio, expenses, management/performance fees).
• Supporting year‑end audits and SOC 1 testing with administrators and external auditors.
• Partnering with Investor Relations on subs/reds, performance estimates, investor statements, and ad‑hoc requests.
• Providing performance and financial analytics to senior management and IR.
• Assisting with regulatory filings (e.g., Form PF, Form PQR and similar).
• Supporting management company activity (invoices, management fee processing, GL entries).
• Providing schedules for tax reporting and participating in projects (system enhancements, data migrations, new fund/SPV launches).

Candidate Profile

• Bachelor’s degree in Accounting; CPA preferred.
• Open‑Ended Fund Experience* — Monthly Reporting.
• 5–10 years of experience in public accounting (serving hedge/credit funds) and/or in‑house at a hedge/credit/structured credit fund.
• Strong knowledge of U.S. GAAP investment company accounting and experience with master‑feeder funds and SPVs.
• Product familiarity with fixed income, structured products/ABS, and derivatives strongly preferred.
• Advanced Excel skills; experience with portfolio accounting systems and/or system migration is a plus.
• Hybrid 3 days in office.

Seniority Level

Mid‑Senior level

Employment Type

Full‑time

Job Function

Accounting/Auditing and Finance

Industries

Venture Capital and Private Equity Principals and Investment Management

Benefits

• Medical insurance
• 401(k)
• Vision insurance
• Paid maternity leave
• Paid paternity leave
• Disability insurance
• Child care support
• Pension plan