Manager, Fund Accounting

Position Information Hiring Manager:

Controller Department:

Fund Accounting Department Overview The Fund Accounting Department is responsible for the financial and investor reporting associated with Golub Capital’s private (e.g., non-Business Development Company) investment funds and vehicles. The team provides accounting and / or reporting for internal vehicles, limited partnerships, and separately managed accounts pursuant to the governing limited partnership and investment management agreements and, where appropriate, in accordance with United States Generally Accepted Accounting Principles.

Fund Accounting also provides Golub Capital’s management companies and leadership with reporting and analysis in support of existing business and new initiatives.

Key responsibilities include the set up and ongoing maintenance of investment vehicles / capital accounts, monthly closes and ongoing maintenance of each fund’s general ledger; production of quarterly financial and investor reporting, support of annual external audits of approximately 40 financial statements, forecasting fund performance and producing management and regulatory reporting.

To accomplish these responsibilities, Fund Accounting has sub-teams that focus on Private Funds, PEARLS (institutional funds and separately managed accounts) and Reporting. The Fund Accounting Department interacts extensively with Golub Capital’s Operations, Treasury, Tax, Investor Communications, Technology Solutions, Business Development, Business Development Companies, Compliance and Valuation Teams.

Position Responsibilities This individual will be responsible for the accounting and reporting for multiple funds, new initiatives and ad-hoc requests. This individual will focus on finding and implementing process improvement efficiencies and employing best practices.

Primary duties and responsibilities include:

Leading the accounting and reporting for multiple of Golub Capital’s various investment funds and vehicles, ensuring processes and output are consistent with US GAAP and specific partnership agreements

Assisting in the launch of new funds which includes reviewing legal documents, implementing month end close processes and collaborating with the Technology Solutions Team to ensure proprietary systems are developed to support fund mechanics

Operationalizing complex partnership agreements and accounting for investments, incentive fee arrangements and partner allocations

Leading the calculation and booking of fund level expenses such as management fees, incentive fees and accruals in accordance with GAAP and applicable legal documents

Reviewing the preparation of balance sheet, income statement and monthly reporting package for multiple private funds

Assisting the Investor Communications Team in meeting investor reporting requirements and responding to various investor requests through the preparation of quarterly statements

Managing third party administrator on the NAV production for specific legal entities as needed

Developing and maintaining strong, results oriented relationship with third party administrators to achieve the Firm’s quality and timeliness objectives

Driving analysis and support for capital calls and distributions, coordinating with Investor Communications, Treasury and Senior Leadership on the planning, preparation and execution of calls and distributions

Providing timely, accurate and meaningful reporting and analysis to Firm leadership

Supporting the preparation of the financial statements and providing information and support to the Firm’s independent auditors

Assisting in various ad-hoc projects and requests

Promoting the implementation of process improvement opportunities

Collaborating and partnering closely with Fund Accounting Team members as well as other Shared Services Teams (e.g., Investor Communications, Treasury, Operations and Tax)
Candidate Requirements Qualifications &

Experience:

Bachelor’s degree in Accounting is required CPA is strongly encouraged8+ years of accounting experience in the financial services industry (e.g., private equity, leveraged finance, hedge fund)
Advanced proficiency in Excel requiredA mix of public accounting and…