Fund Accounting Associate (remote but must live locally in NYC)
<p><strong>Fund Accounting Associate</strong></p><p><br></p><p>Our client, a private credit investment manager with approximately $1 billion in assets under management, is hiring a Fund Accounting Associate. The firm focuses on structured lending and you’ll support fund accounting and financial reporting, with hands-on exposure to the underlying loan portfolio.</p><p><br></p><p><strong>Location</strong></p><p>This role is remote. Candidates MUST be based in the NYC metro area and available for occasional in-person meetings in New York City.</p><p><br></p><p><strong>Responsibilities</strong></p><ul><li>Support monthly, quarterly, and annual fund closes, including journal entries, accruals, and reconciliations.</li><li>Review loan activity, including fundings, principal repayments, interest accruals, and payment-in-kind (PIK) interest where applicable.</li><li>Review third-party fund administrator deliverables, including NAV packages, management fee calculations, and investor capital accounts.</li><li>Assist with capital calls, distributions, fund financial statements, and investor reporting.</li><li>Coordinate with fund administrators, auditors, and tax advisors, and prepare supporting schedules for annual audits and tax filings.</li></ul><p><br></p><p><strong>Qualifications</strong></p><ul><li>3–5 years of experience in public accounting audit, in-house fund accounting, or third-party fund administration.</li><li>Experience accounting for or auditing credit investments and loan portfolios is required. Private credit or direct lending experience is a plus.</li><li>Bachelor’s degree in accounting, finance, or a related field. CPA preferred.</li><li>Familiarity with U.S. GAAP and investment fund financial statements, along with strong Excel and reconciliation skills.</li></ul><p><br></p><p><strong>Compensation</strong></p><p>$110,000 - $135,000; commensurate with experience</p>
