Fund Services Assistant Manager, Private Credit

About Us

As a world leading provider of integrated solutions for the alternative investment industry, Alter Domus (meaning The Other House in Latin) is proud to be home to 90% of the top 30 asset managers in the private markets, and more than 6,000 professionals across 24 jurisdictions.

With a deep understanding of what it takes to succeed in alternatives, we believe in being different - in what we do, in how we work and most importantly in how we enable and develop our people. Invest yourself in the alternative, and join an organization where you progress on merit, where you can speak openly with whoever you are speaking to, and where you will be supported along whichever path you choose to take.

Find out more about life at Alter Domus at careers.alterdomus.com

Job Description

• 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 JE's – 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.
  
  

What We Offer

We are committed to supporting your development, advancing your career, and providing benefits that matter to you.

Our industry-leading Alter Domus Academy offers six learning zones for every stage of your career, with resources tailored to your ambitions and resources from LinkedIn Learning.

Our Global Benefits Also Include

• Support for professional accreditations such as ACCA and study leave
• Flexible arrangements, generous holidays, plus an additional day off for your birthday!
• Continuous mentoring along your career progression
• Active sports, events and social committees across our offices
• 24/7 support available from our Employee Assistance Program
• The opportunity to invest in our growth and success through our Employee Share Plan
• Plus additional local benefits depending on your location
  
  

Alter Domus is an Equal Opportunity Employer: Equity Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

(Alter Domus Privacy notice can be reviewed via Alter Domus webpage: https://alterdomus.com/privacy-notice/)