Credit Fund Controller

Responsibilities:

Fund Accounting & Financial Reporting

• Oversee all accounting functions including quarterly close packages, NAV calculations, income and expense allocations, distribution waterfalls, and fund-level return calculations
• Review and analyze distribution waterfalls in accordance with fund legal documents, ensuring accuracy of carried interest, preferred return, and catch-up calculations
• Review partnership and fund IRRs and other performance metrics on a quarterly basis and prepare ad hoc calculations
• Assist with internal management reporting covering AUM, revenues, expenses, and fund economics for senior leadership and internal stakeholders

Fund Operations & Liquidity Management

• Oversee credit facility management, including covenant monitoring, borrowing base calculations, and lender reporting
• Manage investor capital call and distribution processes, including timing, notices, and reconciliation

Strategic Business Partnership

• Serve as a strategic finance partner to Portfolio Management teams on overall business development and management, including:
• New fund and separately managed account (SMA) structuring, allocation mechanisms, and fee calculations
• Investment structuring to minimize cash and tax drag (e.g., ECI, FIRPTA, blocker entity utilization)
• Responding to investor due diligence requests

Regulatory, Compliance & Tax Coordination

• Coordinate with the parent company's Compliance team to satisfy all regulatory reporting requirements, including Form PF, Form ADV, AIFMD, and other applicable filings
• Coordinate across internal functions — including Tax, Legal, Compliance, and Valuation — as well as external counterparties such as fund administrators, auditors, and counsel, to ensure timely and accurate fund operations

Governance, Controls & Process Improvement

• Lead process improvement and automation initiatives to enhance the scalability and efficiency of fund accounting and reporting workflows
• Oversee third-party service providers including fund administrators, auditors, and outsourced tax professionals — managing deliverables, SLAs, and quality standards
• Support due diligence processes for new fund launches, acquisitions, and strategic initiatives