Private Credit Fund Accounting Specialist

1 week ago

Sydney, New South Wales, Australia beBeeFinancial Full time $100,000 - $130,000
Private Credit Fund Accounting Specialist

This role will support the day-to-day operations and reporting for Private Credit Funds. The candidate will be required to liaise with various internal stakeholders and service providers, including auditors, on operational BAUs typically monthly, quarterly and annual processes, maintaining controls and procedures, fund accounting and client reporting.

Key Responsibilities:

  • Oversee daily cash forecasting, monitoring investment activities and fund expenses, and managing liquidity requirements.
  • Oversee capital call and distribution processes and working schedules and notices prepared by third-party administrators.
  • Manage credit and leverage facility operations such as drawdown, repayment, payment process, and covenant reporting.
  • Oversee quarterly NAV reporting package and its supporting schedules from third-party administrators.
  • Oversee and approve investor statements.
  • Oversee annual financial statements and its supporting schedules.
  • Oversee management fee and performance fee calculations.
  • Oversee fund performance metrics at both fund and asset level.
  • Produce investor reporting package such as investment manager's report, portfolio details report and various ad-hoc reporting.
  • Aid investment team for deal funding process to ensure timely funding.
  • Ensure fund budget and expenses are in-line with fund document and expectations and payments are approved and processed in a timely manner.
  • Working with various internal and external parties for the fund's external audit.
  • Prepare investor reporting for them to meet their regulatory reporting requirements.
  • Proactively address queries and resolve issues from both internal and external stakeholders.
  • Assist in various ad-hoc projects to improve fund oversight models, processes, and controls.

As part of our Aladdin implementation, you will also be responsible for reviewing and resolving accounting exceptions sourced from Aladdin Accounting, working closely with internal partners to ensure timely and accurate resolution of accounting exceptions in Aladdin, following established processes and controls, and demonstrating credibility with a proven competency and knowledge of related operational activities.

Requirements:

  • Accounting qualification is required.
  • 5+ years' experience in financial services is preferred.
  • Recent and relevant experience covering responsibilities stated above is essential.
  • Prior experience working on closed and open-end funds/Private Credit fund accounting/administration/audit with experience in funds management, fund accounting, fund administration or fund audit is highly desirable.
  • Experience in multi-currency reporting, hedging strategy and new fund launches is an advantage.
  • Proactive individual with ability to work autonomously and attention to detail while functioning within global processes is necessary.
  • Excellent analytical and problem-solving skills with understanding of trial balances, reconciliations, TPA operating models and financial statements is required.
  • Good understanding of operational risks and controls, as well as ability to multitask and prioritize effectively to meet deadlines, is essential.
  • Effective communication skills, both written and verbal, with excellent Power BI and Excel skills is required.

  • Fund Accountant, Private Credit

    2 weeks ago

    Sydney, New South Wales, Australia Barings Llc Full time

    Fund Accountant, Private Credit page is loadedFund Accountant, Private CreditApply locations AU - SYDNEY - 60 CASTLEREAGH ST - BARINGS time type Full time posted on Posted 24 Days Ago job requisition id JR_006021At Barings, we are as invested in our associates as we are in our clients.We recognize those who work diligently for us and reward them for personal...

  • Private Credit Fund Accounting Specialist

    1 week ago

    Sydney, New South Wales, Australia beBeeAccountant Full time $90,000 - $120,000

    Job DescriptionAs a Fund Accountant in Private Credit, you will play a crucial role in supporting the day-to-day operations and reporting for our funds. You will work closely with the Client and Finance Operations team in Australia to maintain controls and procedures, fund accounting, and client reporting.Manage daily cash forecasting, monitoring investment...

  • Fund Accountant, Private Credit

    3 weeks ago

    Sydney, New South Wales, Australia Barings LLC Full time

    At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.We thank...

  • Fund Accountant, Private Credit

    3 weeks ago

    Sydney, New South Wales, Australia Barings LLC Full time

    Fund Accountant, Private Credit page is loadedFund Accountant, Private CreditApply locations AU - SYDNEY - 60 CASTLEREAGH ST - BARINGS time type Full time posted on Posted Yesterday job requisition id JR_006021At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal...

  • Fund Accountant, Private Credit

    2 weeks ago

    Sydney, New South Wales, Australia Barings Llc Full time

    At Barings, we are as invested in our associates as we are in our clients.We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.We thank...

  • Fund Accountant, Private Credit

    2 weeks ago

    Sydney, New South Wales, Australia Barings Full time

    Join or sign in to find your next jobJoin to apply for the Fund Accountant, Private Credit role at Barings5 days ago Be among the first 25 applicantsJoin to apply for the Fund Accountant, Private Credit role at BaringsGet AI-powered advice on this job and more exclusive features.At Barings, we are as invested in our associates as we are in our clients. We...

  • Private Credit Fund Accountant

    2 weeks ago

    Sydney, New South Wales, Australia beBeeFundAccountant Full time $100,000 - $120,000

    Job Overview: We are seeking an experienced professional to support the day-to-day operations and financial reporting for our private credit funds.About Us: At our organization, we recognize the importance of our team members in delivering exceptional service to our clients. We are committed to fostering a culture that encourages collaboration, innovation,...

  • Private Credit Fund Accounting Specialist

    2 weeks ago

    Sydney, New South Wales, Australia beBeeFundAccountant Full time $120,000 - $150,000

    About This RoleWe are seeking a highly skilled Fund Accountant to support the day-to-day operations and reporting for private credit funds. This is an exceptional opportunity for you to play a pivotal role in delivering high-quality results while collaborating with a knowledgeable and supportive network of professionals.This organisation offers innovative...

  • Private Fund Accounting Specialist

    2 weeks ago

    Sydney, New South Wales, Australia beBeeFundAccountant Full time $100,000 - $150,000

    Fund Accountant, Private CreditThis role will support the day-to-day operations and reporting for Private Credit Funds.

  • Senior Private Credit Fund Controller

    1 week ago

    Sydney, New South Wales, Australia beBeeFund Full time $120,000 - $150,000

    Private Credit Fund ControllerSupport and oversight of day-to-day operations and reporting for Private Credit/High Yield Funds, including liaison with internal stakeholders and service providers.Review financial statements and accounting packages, manage fund launch process, produce investor reporting package, monitor investment activity, and ensure fund...