Vice President

An employee-owned alternative investment manager focused on liquid credit, opportunistic credit, and renewable private equity and credit, is presently seeking a Vice President to join its finance and operations team.

The Position:  

The successful candidate will run and oversee the overall financial accounting and reporting for a newly formed BDC and additional private fund portfolios, with key accountabilities being to:

• Review full-cycle accounting of private funds and BDC portfolios, including review and analysis of the financial statements, general ledgers, subsidiary ledgers, budgets, and cash flow projection.
• Perform management fee and incentive calculations, expense accruals, budgeting, and forecasting.
• Coordinate workflow and review all accounting deliverables to ensure accuracy and conformity with applicable accounting standards.
• Analyze fund and investment operations; accurately applying distribution allocations to calculate incentive allocations and performance.
• Prepare contribution and distribution calculations, summaries and notices as needed for funds and co-investments.
• Assist external auditors’ requests and schedules to complete quarterly reviews and annual audits in accordance with reporting deadlines, Board of Director meetings, Audit Committee meetings, etc.
• Provide information for and take part in tax preparation and valuations.
• Perform research on new accounting pronouncements and their impact to the financial statements.
• Liaise with investment professionals, legal and compliance, and operations to ensure proper controls are in place to support current and future business.
• Determine impact on operations and cash flows in preparing asset and fund level models.
• Update and analyze results at least quarterly for internal monitoring, external track records, and presentations.
• Work with Portfolio Management team to prepare quarterly investor deck/earnings releases.

The Candidate:

Applicants will be expected to demonstrate:

• Extensive knowledge of private credit and/or alternative investments
• The ability to work independently in several capacities and deliver results within deadlines.
• A minimum bachelor’s degree in accounting, finance or related.
• At least ten years’ accounting or finance experience.
• Experience of preparing financial statements for registered funds and/or BDCs.
• Proficiency in Microsoft Office, especially Excel.
• Extensive knowledge of GAAP accounting.
• Effective communication skills, both written and oral, and strong attention to detail.
• Strong interpersonal skills and ability to communicate well, both verbally and in writing.
• Strong analytical skills and detail orientation to make sound decisions.
• Ability to proactively evaluate and address work opportunities within the area of responsibility.