Finance Director Credit

About the OpportunityOur client, a private, employee-owned global investment manager, is seeking a senior finance leader to take day-to-day ownership of accounting and finance workstreams across its private markets platform — a rapidly expanding business with over $166 billion in assets spanning fund of funds, secondaries, co-investments, private credit, and other alternative strategies, serving sovereign wealth funds, pensions, endowments, foundations, insurers, and family offices. Given the complexity and scale of these strategies, the accounting, valuation, and finance function operates as both a control point and a genuine business partner to the investment teams. The platform has evolved substantially over the past two to three years, more than doubling its number of funds and adding several well-recognized leaders, with continued growth underway across Europe and Asia. The division runs lean and functions much like a smaller shop while carrying the stability and backing of a large parent — the business avoided layoffs during periods when peers did not, and turnover remains low with meaningful internal advancement. The scope here extends well beyond traditional fund accounting into marketing support, liquidity management, and fund structuring, and while an administrator handles routine work, the team reperforms and reviews given the complexity of the vehicles. The culture is collegial and notably friendlier than many competitors, supported by monthly CFO calls covering firm updates and new launches, a firm and finance mentorship program, and a 15% annual employer contribution to retirement. This position is based in New York City and requires three days per week in-office, with fully remote periods during the last two weeks of August and around the December holidays.
Job ResponsibilitiesOversee all fund accounting functions, including quarterly close packages, NAV calculations, income and expense allocations, distribution waterfalls, and fund-level return calculationsReview and analyze distribution waterfalls against fund legal documents, validating carried interest, preferred return, and catch-up calculationsReview partnership and fund IRRs and other performance metrics on a quarterly basis and prepare ad hoc calculations as neededSupport internal management reporting covering AUM, revenues, expenses, and fund economics for senior leadershipOversee credit facility management, including covenant monitoring, borrowing base calculations, and lender reportingManage investor capital call and distribution processes end to end, including timing, notices, and reconciliationPartner strategically with portfolio management teams on business development and management matters, including new fund and SMA structuring, allocation mechanisms, and fee calculationsAdvise on investment structuring to minimize cash and tax drag, including ECI, FIRPTA, and blocker entity considerationsRespond to investor due diligence requestsCoordinate with the parent company's compliance function on regulatory reporting obligations, including Form PF, Form ADV, AIFMD, and other applicable filingsWork across Tax, Legal, Compliance, and Valuation internally, and with fund administrators, auditors, and counsel externally, to ensure timely and accurate fund operationsLead process improvement and automation initiatives to enhance the scalability of accounting and reporting workflowsManage third-party service providers, including fund administrators, auditors, and outsourced tax professionals, holding them to defined deliverables, SLAs, and quality standardsSupport due diligence for new fund launches, acquisitions, and other strategic initiatives
Job Requirements12+ years of relevant experience, including a Big 4 public accounting foundation within a financial services, asset management, or alternative investments audit practiceCPA preferredBroad exposure across alternative investment strategies and asset classes, including private credit, direct lending, structured credit, private equity, hedge funds, and multi-strategy fund structuresDeep working knowledge of the legal, tax, and accounting considerations that shape fund structuresHighly detail-oriented with strong organizational and project management skills, and the ability to manage competing priorities under tight deadlinesExcellent communication and interpersonal skills with a client service orientation; able to engage credibly with investors, auditors, legal counsel, and senior leadershipSelf-starter mindset — takes initiative, owns outcomes, and brings intellectual curiosity and genuine enthusiasm to the workAbility to operate independently and autonomously with minimal daily directionAbility to collaborate effectively across all levels of the organization and with external parties to drive problem solving and results
The total compensation is up to $500,000. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things. Details about eligibility for bonus compensation (if applicable) will be finalized at the time of offer.