Head of Accounting - Private Credit​/CLO Funds

Private Credit Head Of Accounting

Robert Half Financial Services are hiring for a Private Credit Head of Accounting role for a global investment firm with offices in Manhattan and White Plains New York. Our client requires an active CPA with 20+ years fund accounting experience at an investment firm or Big 4/public firm, with knowledge of private credit or CLO funds. The role requires 4 days per week in either the downtown Manhattan or White Plains office, with 1 day work from home, however will require going to both locations on a regular basis to collaborate with the stakeholders and team.

The Private Credit Head of Accounting role reports directly in the CFO and manages a team across multiple US office locations.

Responsibilities

• Lead and manage the in-house accounting oversight team responsible for private credit funds and carry vehicles.
• Act as subject matter expert for the business and provide sound accounting guidance on complex transactions, including deal structuring, valuation, and fair value accounting.
• Oversee relationships with third-party fund administrators in conjunction with operations team, ensuring service quality, timeliness, and compliance.
• Ensure appropriate internal oversight review procedures, taking into consideration operational efficiencies, risk areas, and materiality thresholds.
• Develop and maintain accounting policies and procedures tailored to private credit.
• Oversee treasury management activities performed internally and externally.
• Ensure alignment between investment objectives and accounting treatment, including implications for financial reporting, tax, and investor communications.
• Contribute to cost control initiatives by identifying process improvements and optimizing resource allocation.
• Support the development of infrastructure, systems, and processes to scale business growth and complexity.
• Contribute to RFPs, due diligence and onboarding of new products/clients.
• Maintain an understanding of each fund's/portfolio's financial positions and business plans and actively identify and implement opportunities to leverage synergies across portfolio companies to enhance efficiency and value creation.
• Partner with operations to develop and implement a comprehensive liquidity management framework that incorporates accurate funding projections, FX hedge monitoring, and efficient utilization of fund-level financing, including lender selection and management
• Lead and ensure accuracy and integrity of performance calculations to support investor reporting and decision-making.
• Liaise and coordinate with the corporate office, ensuring efficient, accurate, and timely flow of information, effective accounts payable/receivable management, and proactive risk management.
• Oversee auditor selections and relationships; serve as escalation point.
• Participate in private markets-wide initiatives and integration.
• Collaborate with legal, tax, and operations teams.