BDC Assistant Controller

About the Opportunity

Our client, an SEC-registered investment adviser in New York City, is seeking a BDC Assistant Controller to own accounting and financial reporting for its registered funds. The role covers the fund close and NAV review, SEC reporting, and day-to-day management of administrator, auditor, and pricing vendor relationships. Over time, the scope extends to oversight of the firm’s private credit accounting, including drawdowns and a private CLO.

Job Responsibilities

• Oversee fund accounting and the month-end close for registered funds, including review of NAV and administrator deliverables
• Prepare and review financial statements and SEC filings, including 10-K, 10-Q, 8-K, and N-CSR/N-PORT as applicable
• Manage relationships with third-party fund administrators, auditors, and pricing vendors
• Review capital drawdown calculations, investor notices, and distribution activity
• Support accounting for private credit vehicles, including a private CLO
• Monitor regulatory compliance, including RIC and ‘40 Act tests, asset coverage, and expense accruals
• Coordinate the annual audit and tax provision and reporting
• Manage and develop fund accounting staff while partnering with investment, legal, and compliance teams

Job Requirements

• Active CPA license
• 6+ years of progressive experience, including Manager or Senior Manager level responsibility
• Public accounting (audit) or industry background in asset management; Big 4 or public audit background in asset management preferred
• Hands-on accounting experience with ‘40 Act registered funds or BDCs
• Private credit fund experience, including drawdown and capital call mechanics
• Working knowledge of SEC reporting for registered funds, including 10-K, 10-Q, 8-K, and shareholder reports
• Experience overseeing third-party administrators, including NAV review, trial balance sign-off, and reconciliation of administrator deliverables
• Understanding of RIC qualification, asset coverage, and ‘40 Act compliance testing
• Familiarity with private CLO or structured credit accounting
• Strong command of US GAAP and investment company accounting (ASC 946)
• Experience coordinating audits and working with tax advisors and legal counsel
• Demonstrated ability to manage and develop staff
• Credit facility and borrowing base reporting experience, exposure to a multi-fund platform, advanced Excel, and comfort with fund accounting systems preferred
• Ability to partner with investment, legal, compliance, and investor relations teams
• This position is based in New York City and requires four days per week in-office.

The total compensation is up to $250,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.