BDC Assistant Controller

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 ResponsibilitiesOversee fund accounting and the month-end close for registered funds, including review of NAV and administrator deliverablesPrepare and review financial statements and SEC filings, including 10-K, 10-Q, 8-K, and N-CSR/N-PORT as applicableManage relationships with third-party fund administrators, auditors, and pricing vendorsReview capital drawdown calculations, investor notices, and distribution activitySupport accounting for private credit vehicles, including a private CLOMonitor regulatory compliance, including RIC and ‘40 Act tests, asset coverage, and expense accrualsCoordinate the annual audit and tax provision and reportingManage and develop fund accounting staff while partnering with investment, legal, and compliance teams
Job RequirementsActive CPA license6+ years of progressive experience, including Manager or Senior Manager level responsibilityPublic accounting (audit) or industry background in asset management; Big 4 or public audit background in asset management preferredHands-on accounting experience with ‘40 Act registered funds or BDCsPrivate credit fund experience, including drawdown and capital call mechanicsWorking knowledge of SEC reporting for registered funds, including 10-K, 10-Q, 8-K, and shareholder reportsExperience overseeing third-party administrators, including NAV review, trial balance sign-off, and reconciliation of administrator deliverablesUnderstanding of RIC qualification, asset coverage, and ‘40 Act compliance testingFamiliarity with private CLO or structured credit accountingStrong command of US GAAP and investment company accounting (ASC 946)Experience coordinating audits and working with tax advisors and legal counselDemonstrated ability to manage and develop staffCredit facility and borrowing base reporting experience, exposure to a multi-fund platform, advanced Excel, and comfort with fund accounting systems preferredAbility to partner with investment, legal, compliance, and investor relations teamsThis 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. xzbcwsv Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.