AVP, Fund Accounting (Alternative Credit)

Job Description

REPORTING/DEPARTMENT & GROUP RELATIONSHIPS

Reports to: VP, Fund Accounting – Mumbai, India

PRIMARY FUNCTIONS AND ESSENTIAL RESPONSIBILITIES

• Own end-to-end accounting oversight for assigned Alternative Credit funds.
• Review and validate monthly NAV packages, including management and performance fees, capital allocations, and complex waterfall calculations.
• Lead monthly and quarterly close processes for assigned funds, ensuring completeness, accuracy, and timely delivery.
• Review quarterly and annual financial statements under US GAAP, IFRS, and LUX standards.
• Validate capital activity, expense accruals, liquidity management, and compliance with governing documents and credit facilities.
• Calculate and reconcile key performance metrics, including IRR, MOIC, and TWR, ensuring alignment between accounting records and performance outputs.
• Communicate proactively with New York stakeholders regarding close status, material variances, and risks; clearly articulate issues with analysis and proposed solutions.
• Identify control weaknesses, perform root cause analysis on errors, and implement fund-level corrective actions.
• Escalate complex or material issues early and with context.
• Provide technical review and mentorship to junior team members, reinforcing strong accounting fundamentals and documentation discipline.
• Collaborate cross-functionally with portfolio management, tax, valuation, investor relations, administrators, and auditors to ensure aligned and accurate reporting.

QUALIFICATIONS

• 10–14 years of experience in alternative investment fund accounting, asset management, or public accounting.
• Bachelor’s degree in Accounting, Finance, Economics, or related field from an accredited institution.
• Chartered Accountant or CPA license required.

General Requirements:

• Strong knowledge of US GAAP investment company accounting; familiarity with IFRS and LUX reporting preferred.
• Experience with complex fund structures and credit products, including bank debt, CLOs, and structured products.
• Advanced Excel skills required.
• Experience with Power BI, Tableau, or other business intelligence tools is a plus.
• Experience with Advent Geneva preferred.
• Strong written and verbal communication skills, with ability to convey complex matters clearly to senior stakeholders across geographies.
• Ability to manage multiple deadlines in a fast-paced environment.
• High attention to detail, sound judgment, and proactive problem-solving mindset.

Reporting Relationships

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.