Fund Accounting Associate

Korn Ferry has partnered with a well-established and growing private credit fund with a strong track record of delivering attractive risk-adjusted returns across market cycles. Our disciplined investment approach, institutional investor base, and expanding platform have positioned us for continued growth.

As we scale, we are seeking a motivated and detail-oriented Fund Accounting Associate to join our Finance team and support the continued expansion of our credit strategies.

Position Overview

The Fund Accounting Associate will support the accounting, reporting, and operational functions of the firm’s private credit funds and related vehicles. This role offers meaningful exposure to fund structures, portfolio accounting, capital activity, and investor reporting within a dynamic and growing alternative asset manager.

The ideal candidate will bring strong technical accounting skills, a proactive mindset, and the ability to work collaboratively across investment, operations, and investor relations teams.

Key Responsibilities

Fund Accounting & Reporting

• Assist in the preparation of monthly and quarterly NAV calculations
• Maintain general ledger accounts for fund entities
• Record investment activity, including interest income, fee income, and expenses
• Reconcile cash, investments, and capital accounts
• Support preparation of quarterly and annual financial statements

Capital Activity & Investor Allocations

• Process capital calls and distributions
• Maintain investor capital accounts and allocation schedules
• Assist with waterfall calculations and performance allocations
• Coordinate investor reporting schedules

Portfolio & Investment Support

• Track portfolio company performance and loan-level data
• Record investment transactions, amortization schedules, and accruals
• Assist with valuation support and documentation

Audit & Compliance

• Support annual audits and coordinate with external auditors
• Assist with tax reporting processes (e.g., K-1 preparation coordination)
• Maintain documentation and support regulatory filings as needed

Cross-Functional Collaboration

• Work closely with portfolio management, operations, and investor relations teams
• Liaise with third-party fund administrators, custodians, and service providers
• Contribute to process improvements and internal controls as the platform grows

Qualifications

• 2–6 years of experience in fund accounting, public accounting, private equity/credit accounting, or fund administration
• Bachelor’s degree in Accounting, Finance, or related field
• Strong understanding of partnership accounting and alternative fund structures
• Proficiency in Excel; experience with accounting systems or fund administration platforms preferred
• Strong analytical skills and attention to detail

Preferred Qualifications

• CPA or progress toward CPA designation
• Experience with private credit, direct lending, or alternative asset funds
• Experience working with institutional investors
• Familiarity with waterfall calculations and performance fee structures