Controller, Finance & Banking, Financial Reporting

Location: New York

Credit Fund Controller Private Credit / Direct Lending Platform Base pay range

$/yr - $/yr

Overview

The Credit Fund Controller will lead the fund accounting, reporting, and control environment for a private credit investment platform. This role is responsible for overseeing NAV, financial statements, investor reporting, and complex credit‑related accounting while partnering closely with investment, risk, compliance, and operations teams. The ideal candidate has deep experience in credit fund structures, loan accounting, and managing fund administrators and auditors.

Key Responsibilities Fund Accounting & Financial Reporting

• Oversee accounting and financial reporting for private credit funds, SMAs, and SPVs in accordance with US GAAP
• Review and approve monthly and quarterly NAVs, including income accruals, amortization of OID and fees, realized and unrealized gains/losses, and expense allocations
• Lead preparation and review of annual audited financial statements and related disclosures
• Ensure accurate accounting for complex credit instruments, including senior secured loans, mezzanine debt, PIK interest, revolvers, delayed draw facilities, and restructurings

Valuation & Investment Oversight

• Oversee the valuation process for illiquid credit investments in coordination with the investment team and valuation committee
• Review fair value methodologies and assumptions for compliance with ASC 820
• Ensure timely and accurate reflection of credit events, amendments, impairments, and write‑downs

Investor Reporting & Capital Activity

• Oversee capital calls, distributions, and waterfall calculations
• Support investor reporting, performance metrics, and ad hoc investor requests
• Partner with IR and FP&A on fund‑level analytics and reporting

Administrator, Audit & Tax Management

• Manage relationships with third‑party fund administrators, auditors, and tax advisors
• Coordinate annual audits, including PBCs and technical accounting support
• Oversee delivery of K‑1s and tax reporting for fund investors

Controls, Compliance & Governance

• Design and maintain internal controls over fund accounting and NAV reporting
• Support regulatory reporting and compliance requirements (e.g., Form PF, ADV reporting inputs)
• Ensure policies and procedures align with best practices and investor expectations
• Manage and develop fund accounting professionals
• Establish scalable processes to support fund growth and new product launches

New Products & Special Projects

• Support new fund launches, CLOs, SPVs, and co‑investment vehicles
• Assist with financing arrangements, leverage facilities, and lender reporting
• Partner with technology teams on system implementations and enhancements

Qualifications

• Bachelor’s degree in Accounting or Finance; CPA strongly preferred
• 10–15+ years of experience in fund accounting or public accounting with a focus on credit funds
• Deep understanding of private credit instruments and partnership accounting
• Strong knowledge of US GAAP, including ASC 820 and credit‑specific accounting considerations
• Experience managing administrators, audits, and investor reporting

Preferred Experience

• Prior experience at a private credit, direct lending, or structured credit manager
• Experience with fund accounting platforms (e.g., Allvue, Geneva, Investran)

Seniority level

Director

Employment type

Full‑time

Job function

Accounting/Auditing

Industries

Investment Management

Benefits

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

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