VP Fund Accounting; Ended HF

About the Company

A New York–based alternative Credit Fund (≈8‑10bn AUM) is seeking an Associate/VP to join its lean Fund Accounting & Finance team. The firm invests across asset‑based and structured credit, with open‑ended funds, master‑feeder structures, and numerous SPVs. This is a high‑visibility role supporting complex credit strategies, partnering with senior leadership and Investor Relations, and contributing to ongoing systems and process enhancements.

Hybrid 3 days in office.

$/yr - $/yr

• Preparing and reviewing monthly NAV and performance estimates for funds and SPVs.
• Managing the month‑end close with administrators: reviewing financials, allocations, investor capital statements, and support schedules.
• Reconciling P&L and custody data between internal systems and the administrator; resolving breaks.
• Reconciling administrator results to internal projections (portfolio, expenses, management/performance fees).
• Supporting year‑end audits and SOC 1 testing with administrators and external auditors.
• Partnering with Investor Relations on subs/reds, performance estimates, investor statements, and ad‑hoc requests.
• Providing performance and financial analytics to senior management and IR.
• Assisting with regulatory filings (e.g., Form PF, Form PQR and similar).
• Supporting management company activity (invoices, management fee processing, GL entries).
• Providing schedules for tax reporting and participating in projects (system enhancements, data migrations, new fund/SPV launches).

• Bachelor’s degree in Accounting; CPA preferred.
• Open‑Ended Fund Experience* — Monthly Reporting.
• 5–10 years of experience in public accounting (serving hedge/credit funds) and/or in‑house at a hedge/credit/structured credit fund.
• Strong knowledge of U.S. GAAP investment company accounting and experience with master‑feeder funds and SPVs.
• Product familiarity with fixed income, structured products/ABS, and derivatives strongly preferred.
• Advanced Excel skills; experience with portfolio accounting systems and/or system migration is a plus.
• Hybrid 3 days in office.

Mid‑Senior level

Full‑time

Accounting/Auditing and Finance

Venture Capital and Private Equity Principals and Investment Management

• Medical insurance
• 401(k)
• Vision insurance
• Paid maternity leave
• Paid paternity leave
• Disability insurance
• Child care support
• Pension plan