Manager - Credit Fund Controllership

Description:

The Associate/Manager will support all aspects of Fund Operations across the Credit Funds portfolio within the Private Markets platform. The Private Markets team invests across real assets (infrastructure), real estate, private equity, growth, and credit strategies.

This role offers broad exposure to fund accounting, portfolio operations, liquidity management, and investor servicing within a dynamic and fast-paced environment.

Primary Responsibilities:

• Manage capital calls and distributions, including cash carry calculations, across the portfolio
• Manage usage of revolving credit facilities and NAV facilities for certain funds, including corresponding with lenders, compliance and quarterly reporting
• Manage fund commitments, including quarterly reporting on remaining commitments
• Oversee quarterly management fee calculations and transaction fee allocations               
• Review transactions in Investran including cash, new investments, sales, capital calls, distributions, etc.
• Review quarterly account analyses and reconciliations
• Assist with review of quarterly and annual financial statements
• Assist with annual external audit for Private Market Funds
• Liaise with both internal and external counsel on fund LPAs as well as fund and deal structures
• Responsible for managing key terms of funds
• Assist Client Services Team with LP requests
• Drive accounting, reporting and business process simplification and efficiency initiatives
• Create carried interest models and work with IT to develop in Investran
• Manage bi-annual portfolio company ownership process
• Prepare ad hoc reports, as needed

Qualifications:

• 6+ years of relevant experience in fund accounting, fund operations, or private markets finance
• Accounting major preferred
• Credit Funds' finance business acumen - quickly be able to understand our business and its complexities
• Strong interpersonal skills - ability to quickly build relationships and work well across teams
• Team player, ability to network across groups (Finance, IT, Business, Tax, Legal)
• Clear intellectual curiosity with the drive and potential to succeed in a fast-paced work environment, having shown comfort with the ambiguity of an evolving, dynamic firm
• Self-starter who is detail oriented, very organized and pro-active in executing responsibilities
• Demonstrated ability to multitask, manage and complete multiple priorities on time with minimal direction
• Willing to work beyond normal business hours, as needed
• Proficiency in Microsoft Excel, Word and experience with Investran a plus