Accounting Manager

Fund Accounting Manager

Location:

Chicago, Boston, or Carmel, IN

We are looking for a Fund Accounting Manager to join our Private Credit team.

• Provide mentorship and leadership to team members, ensuring training and career development.
• Serve as lead contact for clients, investors, auditors, and other parties.
• Manage and oversee the production of financial statements and supporting schedules, including journal entries, trial balances, and capital activities.
• Review investor allocations, ad‑hoc communications with investors, work papers, and unaudited financial statements for both limited and general partners.
• Perform review of IRR calculations and returns and discuss results.
• Analyze management fees, incentive fee, and waterfall calculations.
• Ensure fund/account compliance with client agreements.
• Manage client expectations and communicate deliverables clearly and timely.
• Assist with open items list, auditor communications, 1099 form preparation, and onboarding for new clients and new funds.
• Review and assist in spearheading ongoing Credit Fund automation projects.
• Communicate with senior team members on reporting and project status.
• Monitor and create fund/account efficiencies and implement improvements.
• Work with senior team members on special client requests.
• Assist with the development of policies and procedures.

• 7+ years of professional experience.
• Bachelor’s degree in Accounting, Finance or similar.
• Expertise in Credit Fund Accounting and Bank Loan Markets operations.
• In‑depth understanding of private credit and structured product investments.
• Experience preparing journal entries and other fund accounting processes (cash, investments, intercompany, credit facility, accruals, valuations, management fees, invoices, partner allocation, carried interest).
• Deep knowledge of Fund Accounting technology platforms.
• Advanced Microsoft Excel skills, including advanced formulas and pivot tables.
• Understanding of multiple vehicle structures including parallel, co‑investor, blocker, feeder and holding company structures.
• Ability to quickly learn and understand Alter Domus’ accounting systems and corresponding reporting.
• Skilled at proactively identifying issues and recommending long‑term solutions.
• Capacity to multitask, working on multiple client and/or fund deadlines.
• Effective communicator with clients.
• Capable of working independently and on a team.
• Excellent attention to detail and analytical skills.
• Experience managing a team is a plus.

$110,000 – $130,000

• Support for professional accreditations.
• Flexible arrangements, generous holidays, plus an additional day off for your birthday.
• Continuous mentoring along your career progression.
• Active sports, events, and social committees across our offices.
• 24/7 support available from our Employee Assistance Program.
• Opportunity to invest in our growth and success through our Employee Share Plan.
• Additional local benefits depending on your location.

Alter Domus is an Equal Opportunity

Employer:

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

We are committed to ensuring a welcoming recruiting and onboarding process for everyone. Please contact our hiring team if you require any accommodations to make our recruitment process more accessible for you.