Senior Fund Accountant (BDC Fund) - Daley and Associates

Senior BDC Fund Accountant - Boston, MA - Business Development Company
 

Our team is working with a leading credit fund located in Boston looking to hire a Senior Fund Accountant within their BDC. The ideal candidate will have experience with reconciling & reviewing 10K/Q statements & SOX experience due to an implementation. This is a great opportunity to join one of the top performing funds in the country. 

Responsibilities:

• Review and reconcile publicly filed 10K/10Q financial statements and work papers provided by third party administrator

• Oversee build-out and implementation of SOX controls in anticipation of ICFR auditor opinion

• Understand various types of complex investments and how they function within the portfolio (i.e. reporting, exposure, valuation)

• Reconcile portfolio with administrator and middle office team, as well as perform qualifying assets tests

• Responsible for accurate calculation of Funds’ NAV, fees, and accruals in accounting system

• Oversee month-end closings and maintain full accounting records under “shadow” environment

• Monitor all capital activity, including distributions

• Perform recalculations and projections of management fees and incentive fees

• Manage entirety of annual audit and quarterly reviews– including coordination between third party administrator and auditors

• Assist Senior Management team with ongoing and ad-hoc internal reporting requests, including benchmarking and other strategic initiatives

• Work with tax / compliance teams to ensure at least 90% of taxable income is distributed to shareholders and other compliance requirements are met, including asset coverage minimums

• Preparation of meeting materials for senior management and Board of Directors

• Interact effectively and liaise with multiple groups within the Firm, and external service providers, including but not limited to: Tax, Management Company, Valuation Providers, Investor Relations, Legal and Compliance, Operations and Investment Professionals, and external auditors

Qualifications:

• CPA (or progress towards a CPA) a plus

• 3+ years of experience

• Public accounting background with minimum of 3-4 years a plus (“Big 4” firm preferred)

• Experience with SEC reporting, BDC and SOX experience a plus

• Experience preferred in working with debt instruments and level 3 assets strongly preferred (including but not limited to bank debt, bonds, understanding of PIK/OID) preferably in a hedge fund, private equity or audit environment

• Experience working with 3rd party administrator and accounting / trade systems

• Strong knowledge of GAAP, Reg S-X and investment company accounting

• Proficient knowledge of Excel and PowerPoint