What are the responsibilities and job description for the VP, Fund Accounting position at Madison-Davis, LLC?
Overview
A global fund services firm supporting institutional investors and asset managers across hedge funds, private equity, real estate, and private credit is seeking a Vice President of Fund Accounting. This role is responsible for managing key client relationships, overseeing high-quality fund accounting deliverables, and leading a team supporting private credit strategies.
The position focuses on full-cycle fund accounting, complex credit structures, and investor reporting, while serving as a senior escalation point for clients, auditors, and internal stakeholders.
Key Responsibilities
- Act as primary relationship manager for a portfolio of private credit fund clients
- Oversee and review NAVs, reconciliations, investor allocations, and periodic reporting
- Review financial statements, capital activity, and management/performance fee calculations
- Lead, mentor, and develop a team of fund accountants
- Coordinate audits and year-end processes with external auditors and tax advisors
- Interpret complex fund structures, waterfalls, and credit investment mechanics
- Identify process improvements to enhance efficiency and client service
Qualifications
- 5 years of fund accounting experience within a fund administrator (private credit focus)
- Strong knowledge of NAVs, fund structures, and allocation methodologies
- Experience with private credit instruments, interest accruals, and complex allocations
- Exposure to financial reporting and audit support
- CPA, CA, ACCA, or equivalent (preferred, not required)