Controller (or Assistant Controller)

Position Information

Hiring Manager

Chief Financial Officer of the BDCs

Department

BDC Fund Accounting

Department Overview

The BDC Fund Accounting Department is responsible for the financial and investor reporting associated with Golub Capital’s Business Development Companies (“BDCs”) which includes one publicly traded BDC (Golub Capital BDC, Inc. (NASDAQ: GBDC)), three non-traded BDCs (i) Golub Capital BDC 4, Inc. (“GBDC 4”), (ii) Golub Capital Direct Lending Corporation (“GDLC”) (iii) Golub Capital Direct Lending Unlevered Corporation (“GDLCU”) and a perpetually offered BDC, Golub Capital Private Credit Fund (“GCRED”). Two additional BDCs are in advanced planning stage. The team provides accounting and SEC reporting for the BDCs and their subsidiaries pursuant to the governing operating and investment management agreements and in accordance with United States Generally Accepted Accounting Principles. BDC Fund Accounting also provides Golub Capital’s management companies and leadership with reporting and analysis in support of existing business and new initiatives.

Key responsibilities within the group include monthly closes and ongoing maintenance of each BDC’s general ledger; preparation of monthly internal management reports, preparation of quarterly financial statements on Form 10Q or 10K, production of quarterly investor reporting; support of annual external audits; forecasting fund performance, set up and ongoing maintenance of investor capital accounts for GBDC 4, GDLC and GDLCU, coordinating technology system implementations and focusing on process automation. The BDC Fund Accounting Department interacts extensively with Golub Capital’s Operations, Treasury, Tax, Global Investor Solutions, Compliance, Technology Solutions and Valuation Teams.

Position Responsibilities

This person will focus on providing management and oversight for the accounting associated with GBDC 4, GDLC, GDLCU and a feeder fund into GDLC (together the “Private BDCs”).

Primary Duties And Responsibilities Include

• Supervising and leading a team of accountants and providing coaching to enable continued growth and development
• Collaborating with other senior leaders on the BDC Fund Accounting Team to oversee the accounting and financial reporting for the Private BDCs
• Month end close process which includes the reconciliation of the portfolio level investment ledger to the general ledger
• Leading the calculation and booking of fund level expenses including management fees, incentive fees and accruals in accordance with GAAP and applicable Investment Advisory Agreements
• Reviewing / preparing the Schedule of Investments and supporting schedules to provide specific portfolio company data used in footnotes, MD&A and investor marketing materials
• Ensuring the BDCs maintain their RIC status for tax purposes throughout the year and at quarter-ends
• Reviewing quarterly forecasts for senior management to provide preview of BDC performance before the month-end reconciliation process is completed
• Lead investor-level capital operations, including periodic capital calls, dividend distributions, and IRR reporting including overseeing foreign tax withholding compliance for shareholders.
• Collaborating with other senior leaders on the BDC Fund Accounting Team to support the preparation and review of all financial and SEC reporting for the Private BDCs
• Quarterly and Annual reports on Form 10-Q / K
• Periodic 8Ks for share issuances and debt facility transactions
• Annual audit and quarterly review activities of external auditors
• Collaborating with other senior leaders on the BDC Fund Accounting Team to support the preparation and review of:
• Liquidity forecasts to ensure the Private BDCs have sufficient capital and liquidity
• Quarterly materials for the BDC boards and senior management
• Ensuring the execution of monthly and quarterly controls to align with SOX 404 and in accordance with the BDCs control matrix
• Monitoring and ensuring timely identification and compliance with evolving accounting guidance, provide US GAAP interpretation and prepare technical memorandums that document issues in a clear, logical and comprehensive manner
• Working closely with other Golub Capital shared services functions (e.g., Treasury, Operations, Tax and Portfolio Monitoring) as it relates to the ongoing operational and reporting needs
• Driving operational efficiencies and strong controllership throughout all processes
  

Candidate Requirements

Qualifications & Experience:

• Bachelor’s degree required (Accounting or Finance preferred), advanced degree in Accounting or Finance is a plus
• At least 10 years of relevant experience required, specifically experience in financial services or a similar business (BDC / 40 Act mutual fund or ETF / private equity / leveraged finance / hedge fund or other industries that comply with the Investment Company Act of 1940)
• CPA is strongly preferred
• Public accounting is strongly desired and SEC experience is a plus
• Proven track record of progressive career advancement, demonstrating increasing levels of responsibility, leadership and impact across roles
• High skill level in Excel required, proficiency in PowerPoint, Access, Workiva, Wall Street Office (“WSO”), Workday or other general ledger packages is a strong plus
• Proven experience in leading high performing teams
• Ability to maintain exceptional attention to detail while managing multiple responsibilities in a fast-paced environment
• Excellent communication, presentation and interpersonal skills
• Ability to easily build relationships and work effectively with a variety of business partners
• Ability to work in a team-oriented environment, sharing of information and collaboration is essential for success
• Enthusiastic about working in office and creating a Gold Standard hybrid work culture
  
  

Critical Competencies for Success

Our Gold Standards Model defines key behaviors and competencies across 4 dimensions: Leadership, Achieving Results, Personal Effectiveness and Thinking Critically. These behaviors and competencies drive our ability to win together.

• Leadership: Role models in this area consistently focus on the right goals and priorities and continually develop themselves and others. Always team players, they influence and engage with others to contribute to a supportive and inclusive culture where all feel welcome.
• Achieving Results: Role models in this area are high achievers who develop careful plans and deliver consistently and effectively. They hold themselves and others accountable for delivering high quality results, and they remove barriers to ensure others can contribute and grow.
• Personal Effectiveness: Role models in this area build strong relationships, treat others with respect and communicate effectively. They are driven to exceed expectations and are adaptable to changing circumstances.
• Thinking Critically: Role models in this area understand our business, rely on analytical reasoning and seek diverse perspectives to solve problems. They are forward thinking, anticipating issues and addressing them in advance.
  
  

The department-specific competencies define the knowledge, skills and abilities that are needed to successfully perform the functional or technical work of this role.

• Innovative Mindset: Leverages a detailed, agile and creative mindset to master processes and responsibilities, as well as drive value-added enhancements, continuous process improvement and proactive learning through new technology, processes and people.
• GAAP and Internal Policy: Ensures deliverables and processes are executed in accordance with internal procedures, policy and Generally Accepted Accounting Principles (“GAAP”).
• Financial Analysis: Leverages financial policies, accounting principles, technology, financial analytics and other metrics to produce accurate work products and generate insights.
• Industry and Firm / Product Knowledge: Demonstrates an understanding of the Firm's position in the industry, including its products, complex structure and competitive advantage in the marketplace. Monitors industry trends and industry regulations and changes and recognizes their relevancy and implications.
• Investor Focus and Communications: Demonstrates an understanding of investor interests, deliverables and communications.
• Communication and Documentation: Documents processes and procedures and communicates in area of specialty to stakeholders. Adapts the level of detail and specificity based on the needs of the intended audience.
  
  

Compensation & Benefits

For Illinois Only: It is expected that the base salary range for this position will be $176,000 to $245,000 for Controller and $155,000 to $220,000 for Assistant Controller. Actual salaries may vary based on factors such as skills, experiences and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an ‘at-will position’ and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance, Firm or individual department / team performance and market factors.

Golub Capital is an Equal Opportunity Employer.

Due to the highly regulated nature of Golub Capital’s business and because of the sensitivity of the information that all personnel have access to, Golub Capital performs extensive and thorough pre-hire screens to ensure that its personnel act with expected levels of integrity, professionalism and personal responsibility.

Please review Golub Capital’s US Job Applicant privacy notice and, for California residents, the California Applicant privacy notice for information on how your personal data is collected, processed and stored.