Associate Director, Private Credit Accounting

SS&C•New York, NY

11d•Hybrid

About The Position

Take the lead in a high-impact role overseeing private credit fund accounting, where you’ll manage financial reporting, complex investment structures, and investor deliverables with precision. You’ll mentor a talented team, collaborate closely with investment and valuation partners, and serve as a key voice in driving accurate insights and operational excellence. This role offers the opportunity to shape processes, support growth initiatives, and play a central part in a fast-evolving alternative investment platform.

Requirements

Bachelor’s degree in Accounting or similar field
7+ years’ of progressive experience in fund accounting, audit or financial reporting within Private Credit, Direct Lending or Alternative Investment Funds
Proven leadership and supervisory experience with a track record of managing, training and developing accounting teams

Nice To Haves

CPA / Master's degree are pluses
Proficient with fund accounting systems (e.g., Allvue, Investran, eDFront, Geneva) and advanced Excel skills
Experience with complex waterfall and carried interest structures
Excellent client relationship and project management skills
Knowledge of multi-currency and cross-border fund structures (e.g. Cayman, Luxembourg, Delaware)
Excellent verbal and written communication skills with the ability to interact with all levels of the organization

Responsibilities

Lead and manage the private credit accounting team, setting priorities, reviewing deliverables, and ensuring all reporting deadlines are met
Supervise, mentor, and develop junior and mid-level accountants, fostering a culture of accountability, accuracy, and professional growth
Oversee the preparation and review of quarterly and annual financial statements, investor reports, and management reporting packages
Manage general ledger maintenance, NAV calculations, and portfolio performance reporting for private credit funds and SPVs
Ensure accurate accounting for capital calls, distributions, management fees, incentive allocations, and fund expenses
Oversee accounting and reporting for private credit instruments including senior secured loans, unitranche, mezzanine, subordinated debt, structured credit, and co-investments
Partner with valuation teams to ensure appropriate methodologies for illiquid credit instruments are applied
Provide technical accounting guidance on complex transactions and investment structures
Manage external relationships with fund administrators and auditors, reviewing their work and ensuring timely deliverables
Review and approve investor notices (capital calls, distributions, statements)
Support fundraising efforts by preparing accounting-related sections of offering materials and responding to investor due diligence requests
Drive process efficiency through automation, system enhancements, and best practices in fund accounting
Act as a key point of contact for investment teams, offering accounting insights to deal structuring and portfolio management