Associate Director, Private Credit Fund Accounting

SS&C Technologies • New York, NY

6d • $91,000 - $190,000 • Hybrid

About The Position

The Associate Director, Private Credit Fund Accounting leads private credit fund accounting, overseeing financial reporting, complex investment structures, investor deliverables, and a team of accountants. The role collaborates with investment and valuation partners to support accurate reporting and operational excellence, improve processes, and support growth initiatives across an alternative investment platform.

The position oversees fund accounting and reporting for private credit funds and special purpose vehicles (SPVs), including financial statements, investor reporting, NAV calculations, general ledger maintenance, and portfolio performance reporting. It provides technical accounting guidance, manages relationships with fund administrators and auditors, and supports fundraising and investor due diligence. The role is based in New York City in a hybrid work arrangement.

Requirements

• Bachelor’s degree in Accounting or a similar field.
• At least 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, including managing, training, and developing accounting teams.

Nice To Haves

• CPA or master’s degree.
• Proficiency with fund accounting systems such as Allvue, Investran, eDFront, or 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, such as Cayman, Luxembourg, and 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, set priorities, review deliverables, and ensure reporting deadlines are met.
• Supervise, mentor, and develop junior and mid-level accountants.
• 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 senior secured loans, unitranche, mezzanine, subordinated debt, structured credit, and co-investments.
• Partner with valuation teams to ensure appropriate valuation methodologies are applied to illiquid credit instruments.
• 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, including capital calls, distributions, and statements.
• Support fundraising by preparing accounting-related sections of offering materials and responding to investor due diligence requests.
• Drive process efficiency through automation, system enhancements, and fund accounting best practices.
• Serve as a key point of contact for investment teams, providing accounting insights for deal structuring and portfolio management.

Benefits

• Medical coverage
• Dental coverage
• Vision coverage
• 401(k) plan with company match
• Paid time off
• Paid holidays
• Parental leave
• Professional development reimbursement opportunity
• Potential consideration for an annual discretionary bonus and/or equity awards, such as restricted stock units or stock options, based on individual and business performance and company discretion.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior