Associate Director, Private Credit Accounting

Role Overview

• Lead and manage the private credit accounting team, setting priorities, reviewing deliverables, and ensuring all reporting deadlines are met.
• Supervise, mentor, and develop junior and mid-level accountants, fostering a culture of accountability, accuracy, and professional growth.
• Oversee the preparation and review of quarterly and annual financial statements, investor reports, and management reporting packages.
• Manage general ledger maintenance, NAV calculations, and portfolio performance reporting for private credit funds and SPVs.
• Ensure accurate accounting for capital calls, distributions, management fees, incentive allocations, and fund expenses.
• Oversee accounting and reporting for private credit instruments including senior secured loans, unitranche, mezzanine, subordinated debt, structured credit, and co-investments.
• Partner with valuation teams to ensure appropriate methodologies for illiquid credit instruments are applied.
• Provide technical accounting guidance on complex transactions and investment structures.
• Manage external relationships with fund administrators and auditors, reviewing their work and ensuring timely deliverables.
• Review and approve investor notices (capital calls, distributions, statements).
• Support fundraising efforts by preparing accounting-related sections of offering materials and responding to investor due diligence requests.
• Drive process efficiency through automation, system enhancements, and best practices in fund accounting.
• Act as a key point of contact for investment teams, offering accounting insights to deal structuring and portfolio management.

Requirements

• Bachelor’s degree in Accounting
• 7-10+ years’ of progressive experience in fund accounting, audit or financial reporting within Private Credit, Direct Lending or Alternative Investment Funds
• Proven leadership and supervisory experience with a track record of managing, training and developing accounting teams.
• CPA / Master's degree are pluses
• Proficient with fund accounting systems (e.g., Allvue, Investran, eDFront, Geneva) and advanced Excel skills
• Experience with complex waterfall and carried interest structures
• Excellent client relationship and project management skills
• Knowledge of multi-currency and cross-border fund structures (e.g. Cayman, Luxembourg, Delaware)
• Excellent verbal and written communication skills with the ability to interact with all levels of the organization.

Benefits

• 401k Matching Program
• Professional Development Reimbursement
• Flexible Personal/ Vacation Time Off
• Sick Leave
• Paid Holidays
• Medical, Dental, Vision
• Employee Assistance Program
• Parental Leave
• Discounts on fitness clubs, travel and more!