Fund Accountant

Fund Accountant Location: Midtown NYC (5 days onsite)Compensation: Up to $140,000 Base + 20 - 25% Bonus

You can get further details about the nature of this opening, and what is expected from applicants, by reading the below.
About the RoleA rapidly growing multi-strategy credit and alternatives investment firm is seeking a Fund Accountant / Associate to join our Fund Accounting team in Midtown Manhattan. This is a newly created headcount on a growing five-person team, offering strong mentorship, complex investment exposure, and meaningful career runway at a firm entering a significant AUM growth phase.
You'll work across a highly diverse platform spanning structured credit, direct lending, insurance solutions, an ETF, and a newly launching CLO. Responsibilities range from NAV oversight and financial reporting to capital activity, performance reporting, and fund oversight—providing broad technical exposure that few firms of our size can offer.
About the FirmThey are a $18B+ multi-strategy credit and alternatives investment firm specializing in private credit and structured credit with meaningful activity in the derivatives space. Their platform spans 5+ asset classes including structured credit, direct lending, insurance solutions, an ETF, and a new launch coming soon. They have doubled in AUM over the past year and continue to grow rapidly.
Why This Opportunity Stands OutNewly created headcount — Join a growing 5-person fund accounting team with additional hires plannedComplex, diverse platform — Exposure across structured credit, direct lending, insurance solutions, ETFs, and CLOsRapid AUM growth — Firm doubled in AUM over the past 18 months and continues to expandNew product launches — Contribute to the launch of the firm's first CLOInternal mobility — Strong opportunity to move around internally beyond fund accountingDirect mentorship — Learn from the Head Controller and other senior team membersIntellectually rigorous team — Work alongside genuinely smart, collaborative colleagues
What You'll DoNAV, P&L & Investor AllocationsOversee the funds' NAV finalization process, including P&L reconciliation and allocation to investors across open- and closed-end private fund structuresInvestigate and resolve discrepancies with third-party fund administrators and internal teamsApprove client capital account statements generated by third-party administrators
Fee, Capital & Expense ActivityReview and reconcile the calculation and payment of management and carried interest / incentive fees in accordance with fund governing documentsReview capital calls, distribution allocations, and notificationsPrepare and review expense allocations, operating expense budgets, and vendor expense payments
Financial Reporting & AuditPrepare quarterly unaudited financial statements and annual audited financial statements under U.S. GAAPCoordinate with external auditors for the year-end audit process
Performance Reporting & ForecastingPrepare monthly attribution performance reporting for senior managementPrepare and review monthly fund forecasts, NAV performance estimates, and other ad hoc analyses
Regulatory, Investor & Cross-Functional SupportPrepare inputs for annual regulatory reporting, investor letters, custom xzbcwsv client reporting, and firm-level reportingLiaise with Operations, Investor Relations, Management Reporting, Tax, and Legal and Compliance teamsReview fund legal documents and support related workstreams
Process Improvement & Strategic ProjectsStreamline and build processes and templates to support the firm's growthEngage in special projects and firm strategic initiativesAssist with the creation and implementation of procedures, workflows, and controls
What You Bring3+ years of public accounting experienceBig 4 or large public accounting firm backgroundCPA or CPA parts passed requiredAlternative asset management or financial services client exposure preferredStrong knowledge of U.S. GAAPDetail-oriented with strong analytical skillsExcellent written and verbal communication skillsAbility to manage multiple priorities in a fast-paced environmentCollaborative mindset with a willingness to learn across asset classes and functionsSelf-motivated with a desire to grow into broader responsibilities over time
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