Fund Services Assistant Manager, Private Credit

Responsibilities

• Manage a team of 10-12 members, ensuring efficient workflow management and achievement of team objectives.
• Oversee the end-to-end Net Asset Value (NAV) calculation process for Private Credit Funds.
• Utilize strong accounting, finance, and analytical skills to support fund operations and reporting requirements.
• Supervise, mentor, and train team members, including onboarding new employees and providing ongoing guidance and development.
• Ensure all deliverables meet established Service Level Agreements (SLAs) and quality standards
• Administer, review, and report on fund accounting activities while maintaining compliance with industry standards and best practices.
• Act as the primary point of contact for auditors, coordinating audit requests and ensuring timely completion of audit requirements.
• Build and maintain strong relationships with clients and onshore stakeholders through effective communication and collaboration.
• Prepare and review monthly, quarterly, and annual investor reports.
• Calculate and review various performance returns.
• Oversee and ensure the timely and accurate execution of capital activities, meeting agreed service levels, quality standards, and client expectations.
• Review accounting records, financial statements, footnotes, and other financial reports in accordance with agreed standards, ensuring accuracy, completeness, and regulatory compliance.
• Review and sign off on SOC 1 checklists and support external SOC audit requirements.
• Ensure compliance with internal control frameworks, audit procedures, and regulatory requirements.
• Demonstrate leadership by driving process improvements, leading projects, and contributing to operational enhancements.
• Demonstrate a comprehensive understanding of fund governing documents, client agreements, and investor reporting requirements.
• Review fund documentation to ensure compliance with client agreements and applicable policies.

Your Profile

• Bachelor s degree in accounting (or related field).
• 8+ years of relevant professional experience in Fund Accounting, with a focus on Private Credit Funds.
• Strong understanding of private credit fund structures and debt instruments like Syndicated Loans, Direct Lending Investments, Mezzanine Debt, CLOs.
• Good understanding of Capital Calls, Distributions, Management Fees, and Waterfall Calculations.
• Exposure to Loan Accounting including JEs Interest Accruals, PIK, Paydowns, Prepayments, Defaults, Amortization of OID, Premium, Discount
• Strong analytical, communication, and stakeholder management skills.;
• Experience leading and developing teams.
• Ability to prepare SOPs and drive process improvements.
• Hands-on experience with cash reconciliations and fund operations.
• Ability to manage multiple priorities and deliver high-quality results within deadlines.