Our client, a leading global private equity firm headquartered in New York, is seeking a Fund Accountant to join their Credit Fund team. The ideal candidate will have 2–4 years of public accounting experience at a Big Four firm with a focus on hedge funds, along with strong exposure to credit products. This individual will oversee and review credit line drawdowns and paydowns, ensuring accurate accounting treatment and proper reflection in financial statements. Prior experience managing Credit Funds within the private equity space is essential.
Responsibilities Include:
- Manage monthly and quarterly fund closings in coordination with fund administrators.
- Calculate and review management fee and incentive fee waterfalls.
- Prepare and review partners’ capital statements.
- Prepare and review capital call and distribution calculations and investor notices.
- Review fund expenses for accuracy and coordinate accruals and payments.
- Prepare and review quarterly and annual GAAP financial statements.
- Assist with ad hoc reporting and special projects as needed.
Requirements:
- 2 – 4 years of fund accounting experience, specifically in Private Credit, Direct Lending
- Current or prior experience at a Big 4 firm organization with Asset or Investment Management clients
- CPA preferred
Pay: $50-$60/hr
