What are the responsibilities and job description for the Credit Fund Accountant position at Arrow Search Partners?
About The Company
Our client is a global investment management firm with over $200 billion in AUM offering a diverse range of investment products across fixed income, equities, emerging markets, and alternative investments for institutional and individual clients.
Responsibilities
$130,000-$160,000
Our client is a global investment management firm with over $200 billion in AUM offering a diverse range of investment products across fixed income, equities, emerging markets, and alternative investments for institutional and individual clients.
Responsibilities
- Prepare borrowing and repayment notices, issuer orders, borrowing base and compliance certificates
- Prepare and review month-end NAV and closing packages
- Prepare calculations of management fees, fund level IRRs, incentive fees and carry allocations in accordance with governing fund documents
- Process payments, booking, and review all fund level expenses and setup accrual schedules
- Prepare and review quarterly financial statements
- Maintain capital activity report of unfunded commitments, recallable capital, and available capital
- Prepare and review capital call and distribution notices for various funds
- Assist with the RIC and 40 act asset-diversification and asset coverage tests as well as various income and distribution tests
- Bachelor’s degree required
- 5-7 years of fund accounting experience
- Familiarity with middle market and syndicate loans, private equity structures, RIC’s and BDC’s
- An understanding of credit facility agreements and covenant compliance requirements
- General knowledge of various legal structures
$130,000-$160,000
Salary : $130,000 - $160,000