BXC Drawdowns - VP/SVP


Division

Accounting/Finance

Location

New York, New York

Employment Type

Permanent



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A prominent global Alternative Investments firm is looking to hire a Fund Accounting & Operations leader to join their team due to the growth of its Credit business.

Job Description:


Compensation : $190000 - $215000
Job ID : 13652

 

  • Oversee the preparation and review quarterly / annual financial statements, quarterly capital statements, LP distributions and capital call notifications, reporting deliverables, and quarterly work papers for internal review and quarterly reporting support
  • Collaborate with third-party administrators and offshore resources to ensure accurate and timely preparation of work papers and reconciliation files

  • Manage the third-party administrator relationships, review admin agreements, model out and negotiate fees in line with benchmarks

  • Review the management fees and waterfall calculations in accordance with the funds’ governing documents

  • Review support analyses for partnership activities to external auditors for year-end audits and partnership tax returns

  • Review performance calculations such as Gross and Net IRRs

  • Oversee the review of daily bank activities

  • Liaise with Treasury teams to ensure the funds’ currency hedging is monitored daily, margin is posted and contracts are rolled over timely

  • Evaluate cash availability to support the investment funding

  • Liaise with various Finance and Operations teams including Tax, Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance

  • Assist in the setup and launch of new products. Complete supporting analyses for investor due diligence, model out proposed waterfalls and preferred return calculations and provide inputs on proposed language in LPAs and side letters.

  • Assist Tax teams with inputs on proposed fund structures

  • Liaise with Legal teams in setting up leverage facilities, both sublines and asset backed facilities. Ensure compliance with credit agreements including borrowing base certificates, interest expense and unused fee calculations and payments

  • Lead technology implementation initiatives to streamline review and reporting of various performance analytics

  • Oversee financial portion of the regulatory filings for Form PF, ADV and AIFMD


Job Requirements:


 

  • BS (or above) in accounting is required

  • 13 + years public/private experience is preferred

  • “Big 4” audit experience is preferred

  • Experience in the credit industry is required

  • Familiarity with Investment Company Accounting

  • Familiarity with various fund structures including Master, Feeder, Blockers, Trusts, SMAs, Co-Invests, Cayman and Lux entities

  • Familiarity with foreign currency / hedging transactions and accounting is a plus

  • Strong Excel skills preferred

  • Investran knowledge is a plus

 

Disclosure:  The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

 

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