Senior Associate

Acuity Analytics · Gurugram, India

Role Summary

The SME will play a critical role in overseeing fund accounting, financial reporting, and investor reporting activities for Private Credit funds/Structured Loan Accounting. The role requires strong domain expertise, particularly in credit instruments , and the ability to ensure delivery excellence, technical accuracy, and high-quality standards across all engagements.

Private Credit Fund Accounting & Administrator Coordination

• Assist with preparation of accounting support packages and coordinate with third-party fund administrators for multiple Private Credit entities.
• Review operating expenses, loan activity, and account reconciliations, including credit-related balances.
• Compile data and prepare detailed support workpapers across funds.

Trial Balance & Close Review

• Perform detailed reviews of monthly and quarterly trial balances prepared by fund administrators.
• Identify breaks related to loan balances, interest accruals, fees, and expenses, and coordinate timely resolution.
• Over time, take ownership of investigation and resolution of issues in collaboration with administrators.
• Actively contribute to improving efficiency in the close-the-books process.

Financial, Investor & Regulatory Reporting

• Review quarterly financial reporting, including:
• Financial Statements (FS): Validate consistency between trial balances, SOI data, loan schedules, and other client deliverables.
• Investor Capital Statements (P-Caps).
• Regulatory reporting (e.g., MMIF).

Private Credit Instrument Knowledge (Critical Requirement)

The role requires strong hands-on knowledge of Private Credit instruments , including but not limited to:

• Term Loans
• Revolving Credit Facilities (Revolvers)
• Delayed Draw Term Loans (DDTLs)
• Interest structures including PIK (Payment-in-Kind) interest , cash interest, OID, and related accruals
• Understanding of commitment tracking, drawdowns, repayments, and amortization schedules

Investor Reporting

• Review investor capital statements (P-Caps), including:
• Footing and cross-footing checks
• Validation against source documentation
• Review of ILPA statements and reconciliation with P-Caps
• Review capital call and distribution notices against underlying support.
• Coordinate investor reporting deliverables with third-party administrators.

Audit, Tax & Compliance Support

• Assist the Controller group with annual audit coordination.
• Support review and preparation of audited financial statements.
• Prepare and review support schedules for tax reporting and compliance.

Delivery & Stakeholder Management

• Ensure timely delivery of work with high quality and accuracy standards .
• Review team deliverables and provide technical guidance and feedback.
• Handle ad hoc internal and external reporting requirements.
• Act as a key point of contact for internal stakeholders and clients on delivery-related matters.

Experience & Skill Requirements

• Relevant experience in Private Markets, with strong exposure to Private Credit funds .
• Hands-on experience working with third-party fund administrators .
• Strong understanding of:
• Private Credit fund accounting
• Loan instruments and related interest mechanics (including PIK)
• Financial statement and investor reporting reviews
• Proven ability to lead reviews, manage delivery independently, and uphold high-quality standards.
• Strong analytical, communication, and stakeholder management skills.
• WSO experience is a big plus.