Assistant Private Credit Controller

Lord Abbett • Jersey City, NJ

7d • $210,000 - $220,000

About The Position

The Role We are looking for a Financial Controller to support our Private Credit Business and broader Alternatives strategy. We’ll trust you to: Report to the Private Credit Controller to design and implement financial and operational best practices for private credit funds and business development companies (BDCs) in order to support the growth and evolution of the platform Oversee the preparation of the private credit fund and BDC financial statements, including quarterly financial statements (10-Ks, 10-Qs, 8-Ks), capital account statements, marketing letters, performance reporting, capital calls, and distribution notices Perform management and incentive calculations, expense accruals, budgeting and forecasting Review partnership fund accounting reconciliations, capital account statements, financial statements, etc. for separate accounts and esoteric strategies Work closely with private credit teams to understand new and complex investments Work closely with third party vendor partners including accounting agents and pricing vendors, facility providers, etc. Effectively liaise with other investment professionals, legal and compliance, business development, and operations to ensure proper controls are in place to support current and future business Serves as the key point of contact for auditors and tax accountants Assist to generate and coordinate other corporate deliverables such as forecasts and management reporting

Requirements

• Bachelor’s degree
• 7-10+years of Private Credit or Private Equity experience
• CPA required

Nice To Haves

• BDC accounting experience preferred
• Big 4 accounting firm experience preferred

Responsibilities

• design and implement financial and operational best practices for private credit funds and business development companies (BDCs)
• Oversee the preparation of the private credit fund and BDC financial statements, including quarterly financial statements (10-Ks, 10-Qs, 8-Ks), capital account statements, marketing letters, performance reporting, capital calls, and distribution notices
• Perform management and incentive calculations, expense accruals, budgeting and forecasting
• Review partnership fund accounting reconciliations, capital account statements, financial statements, etc. for separate accounts and esoteric strategies
• Work closely with private credit teams to understand new and complex investments
• Work closely with third party vendor partners including accounting agents and pricing vendors, facility providers, etc.
• Effectively liaise with other investment professionals, legal and compliance, business development, and operations to ensure proper controls are in place to support current and future business
• Serves as the key point of contact for auditors and tax accountants
• Assist to generate and coordinate other corporate deliverables such as forecasts and management reporting

Benefits

• Lord Abbett is committed to offering a competitive total rewards package to all eligible employees. Offerings include competitive total compensation, retirement plans, competitive health and well-being plans. To learn more about what we offer, please visit Careers | Lord Abbett
• Lord Abbett is an equal employment opportunity employer. We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law. All employment decisions at Lord Abbett are based solely on the applicant’s relevant experience, skills and qualifications.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees