About this position
About the Opportunity
Our client, an SEC-registered investment adviser in New York City, is seeking a BDC Assistant Controller to own accounting and financial reporting for its registered funds. The role covers the fund close and NAV review, SEC reporting, and day-to-day management of administrator, auditor, and pricing vendor relationships. Over time, the scope extends to oversight of the firm’s private credit accounting, including drawdowns and a private CLO.
Learn more about the general tasks related to this opportunity below, as well as required skills.
Job Responsibilities
- Oversee fund accounting and the month-end close for registered funds, including review of NAV and administrator deliverables
- Prepare and review financial statements and SEC filings, including 10-K, 10-Q, 8-K, and N-CSR/N-PORT as applicable
- Manage relationships with third-party fund administrators, auditors, and pricing vendors
- Review capital drawdown calculations, investor notices, and distribution activity
- Support accounting for private credit vehicles, including a private CLO
- Monitor regulatory compliance, including RIC and ‘40 Act tests, asset coverage, and expense accruals
- Coordinate the annual audit and tax provision and reporting
- Manage and develop fund accounting staff while partnering with investment, legal, and compliance teams
Job Requirements
- Active CPA license
- 6+ years of progressive experience, including Manager or Senior Manager level responsibility
- Public accounting (audit) or industry background in asset management; Big 4 or public audit background in asset management preferred
- Hands-on accounting experience with ‘40 Act registered funds or BDCs
- Private credit fund experience, including drawdown and capital call mechanics
- Working knowledge of SEC reporting for registered funds, including 10-K, 10-Q, 8-K, and shareholder reports
- Experience overseeing third-party administrators, including NAV review, trial balance sign-off, and reconciliation of administrator deliverables
- Understanding of RIC qualification, asset coverage, and ‘40 Act compliance testing
- Familiarity with private CLO or structured credit accounting
- Strong command of US GAAP and investment company accounting (ASC 946)
- Experience coordinating audits and working with tax advisors and legal counsel
- Demonstrated ability to manage and develop staff
- Credit facility and borrowing base reporting experience, exposure to a multi-fund platform, advanced Excel, and comfort with fund accounting systems preferred
- Ability to partner with investment, legal, compliance, and investor relations teams
- This position is based in New York City and requires four days per week in-office.
The total compensation is up to $250,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. xavwley Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.
Location and commute
New York, NY 10259.
Plan your route with Google Maps. Travel times and transportation options vary; confirm the work location with the employer before commuting.
How to apply
Review the vacancy and complete the application on the employer or recruitment partner’s website. Requisition ID: WJ-3207204910.