Job Overview – Investment Fund Accounting Manager:
Compensation: $120,000 – $150,000/year + bonus
Location: Boston, MA
Schedule: Monday to Friday (Hybrid)
Atlantic Group is hiring an Investment Fund Accounting Manager for our client in Boston, MA (Hybrid). In this key role, you will manage fund accounting for private credit funds, including NAV calculations, waterfall modeling, credit valuations, and regulatory reporting. You will collaborate with fund administrators, auditors, investor relations, and leadership to ensure accurate reporting. Ideal candidates bring expertise in private credit, bilateral loans, advanced Excel modeling, and fund operations, with a strong focus on AI-driven tools.
Responsibilities as the Investment Fund Accounting Manager:
- Fund Accounting & Reporting: Manage monthly, quarterly, and annual close processes, including NAV calculations, capital accounts, and waterfall allocations.
- Investor Capital & Compliance: Oversee capital calls, distributions, investor transfers, and monitor loan covenant compliance and restructuring.
- Valuation & Regulatory Support: Assist in credit valuations, complex loan analysis, SEC filings, tax filings, and year-end audits.
- Internal Records & Systems: Maintain internal shadow accounting using Enfusion and validate all fund-level allocations and income.
- Cash & Performance Management: Perform cash control, manage banking relationships, and track portfolio performance metrics and reporting.
- Collaboration & Projects: Partner with investor relations on communications and fundraising, and contribute to cross-functional projects and process improvements.
Qualifications for the Investment Fund Accounting Manager:
- Education: Bachelor’s degree in Accounting, Finance, or a related field required (Master’s degree or CPA preferred).
- Experience: 4+ years of accounting experience in private credit and closed-ended funds, with Big 4 or credit fund background strongly preferred.
- Technical Skills: Advanced Excel modeling, proficiency with Enfusion, Geneva, Partners, Precision LMS, and fund accounting and loan administration systems.
- Industry Knowledge: Deep understanding of bilateral loan structures, credit documentation, waterfall calculations, and fair value measurements for credit and illiquid investments.
- Skills & Attributes: Exceptional organizational skills, strong analytical and problem-solving abilities, experience in entrepreneurial environments, and proven ability to leverage AI tools strategically.
Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.