BDC Fund Accounting Associate

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Summary

A global investment firm is seeking a detail-oriented BDC Fund Accounting Associate to support the accounting, reporting, and operational functions of its business development company funds. The role offers hands-on exposure to complex credit investment vehicles and requires strong analytical skills, precision, and cross-functional collaboration.


Company Information:

A multi-strategy investment platform with a global footprint, managing a large and diverse portfolio across private credit, private equity, and structured finance. The organization emphasizes disciplined investment processes, rigorous financial oversight, and a culture that values community engagement, diversity, and ESG-driven decision-making.


Job Description:
  • Review and reconcile fund books and records; maintain internal shadow accounting
  • Coordinate with third-party administrators and validate accounting deliverables
  • Liaise with custodians, transfer agents, and external vendors
  • Calculate and review management and incentive fees
  • Manage expense reviews, accruals, and payment coordination
  • Assist in monthly/quarterly reporting and preparation of 10-Q/10-K filings
  • Support board reporting, audits, and accounting policy discussions
  • Participate in fund setup, technology initiatives, and process improvements
  • Perform ad hoc analysis and reporting as needed

Requirements / Qualifications:
  • 3+ years of fund accounting experience, ideally with BDCs or alternative credit funds
  • Bachelor’s degree in Accounting, Finance, or related field; CPA or progress toward CPA preferred
  • Strong understanding of NAV processes, fee calculations, and financial reporting
  • Strong analytical, communication, and organizational skills
  • Ability to work independently in a fast-paced environment

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