Primary Responsibilities Accounting and Reporting (45% of time)
- Detailed review of quarterly fund closes based on data received from the Third-Party Administrator ("TPA"), including reviewing related support for all balance sheet and income statement accounts.
- Detailed review of accrued carry calculations from the TPA.
- Detailed review of capital allocations and capital statements prepared by the TPA.
- Detailed review of financial statements.
- Coordinate interim and year-end audit requests and responses.
- Assist the internal portfolio management team to shadow the books and records, maintaining an internal view of NAV and compiling performance metrics.
Finance and Operations (25% of time)
- Assist in structuring, executing, and monitoring investment transactions.
- Coordinate and review valuations prepared by the deal team.
- Calculate performance metrics.
- Prepare various reports provided to investors periodically (e.g., Quarterly Update Letter) and ad hoc analysis reports for the business.
Investor Requests (20% of time)
- Interact with the Investor Relations team and investors periodically, producing and analyzing various ad hoc reports.
Transactions and fund activities management (5% of time)
- Manage the fund's capital needs and expenses by communicating capital activity to the TPA, monitoring cash needs and credit facilities, understanding the fund's carry position, determining carry, and reviewing fee and expense calculations prepared by the TPA.
Management Company Reporting/Budgeting (5% of time)
- Review monthly and quarterly management company reporting and conduct quarterly expense analysis as it relates to the respective fund.
Requirements Education & Certificates- Bachelor's degree, required
- Concentration in Accounting and/or Finance, preferred
- CPA and/or CFA, preferred
Professional Experience- Minimum of 2+ years of experience in private credit or public accounting, with private equity or credit investment experience
- Experience with SS&C's Advent Geneva accounting system is a plus
- Strong knowledge of closed-end structured funds
- Knowledge of accounting and reporting for credit products is a plus
Competencies & Attributes- Highly motivated individual
- Strong interpersonal skills required
- Strong organizational skills and detail-oriented; attention to detail is essential
- Excellent communication skills-both written and oral
- Demonstrated ability to work effectively as part of a team and manage multiple responsibilities under strict deadlines
- Proficient in Microsoft Word, PowerPoint, and Excel
Benefits/CompensationThe compensation range for this role is specific to New York City and takes into account a wide range of factors, including but not limited to required or preferred skill sets, prior experience and training, and any relevant licenses or certifications.
The anticipated base salary range for this role is $100,000 to $120,000.
In addition to the base salary, the hired professional will enjoy a comprehensive benefits package that includes retirement benefits, health insurance, life and disability insurance, paid time off, paid holidays, family planning benefits, and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, but not limited to, individual and organizational performance.
Due to the high volume of applicants, please be advised that only candidates selected for an interview will be contacted by The Carlyle Group.
