Associate/VP - BDC Accounting

Fortress Investment Group•New York, NY

5d•$100,000 - $150,000

About The Position

In this role, the accountant will be an integral member of the Fortress Lending Accounting Team, supporting accounting and financial reporting across the lending platform, including private funds, the private perpetual BDC, new product launches and special projects. Responsibilities include: Liaise with the Funds’ external fund administrator to reconcile, validate and approve the monthly NAV. Prepare monthly unaudited financial reporting including balance sheet, income statement and fund performance. Review work product and provide training and mentorship to junior accountants. Liaise with the Credit Funds’ Operations team to ensure the proper accounting treatment of transactions booked in the system. Assist with the preparation and review of SEC filings (10-Q, 10-K and 8-K). Assist in managing external and internal audit processes. Assist with monthly, quarterly and annual investor marketing presentations of fund performance. Suggest and lead process improvement, controls enhancement and automation initiatives. Lead special projects and ad hoc requests.

Requirements

Bachelor’s degree in accounting or finance.
5+ years of public and/or private accounting experience in financial services.
Private equity and/or hedge fund experience.
Advanced Excel skills.
Experience using AI and automation tools.
Excellent communication and analytical abilities.
Detail-oriented with strong organizational skills.
Highly motivated, fast learner with ability to multi-task in a fast-paced environment.

Nice To Haves

BDC, REIT, RIC or other SEC reporting experience a plus.
Advanced knowledge of investment company financial statement reporting (experience with Active Disclosures or Workiva a plus).

Responsibilities

Liaise with the Funds’ external fund administrator to reconcile, validate and approve the monthly NAV.
Prepare monthly unaudited financial reporting including balance sheet, income statement and fund performance.
Review work product and provide training and mentorship to junior accountants.
Liaise with the Credit Funds’ Operations team to ensure the proper accounting treatment of transactions booked in the system.
Assist with the preparation and review of SEC filings (10-Q, 10-K and 8-K).
Assist in managing external and internal audit processes.
Assist with monthly, quarterly and annual investor marketing presentations of fund performance.
Suggest and lead process improvement, controls enhancement and automation initiatives.
Lead special projects and ad hoc requests.