Finance Manager

Millennium•New York, NY

68d•$160,000 - $250,000

About The Position

The firm is looking to recruit someone who is currently at the manager level or higher with private credit fund experience to assist in managing in all aspects of the accounting for Millennium’s new private credit business; including fund accounting, financial reporting, both European and American style waterfall carried interest calculations, portfolio manager compensation, and investor accounting.

Requirements

10+ years in a Finance or Accounting Role
CPA preferred
Bachelor's degree in business administration, accounting, or finance
Extensive knowledge of fund accounting for private credit funds
Excellent analytical and communication skills (both oral and written) required
Strong technical proficiency with web applications and MS Office (Excel & PowerPoint)
Industry specific technical proficiency with private equity accounting applications preferred.
Ability to multi-task as well as meet short deadlines in a demanding environment
Dynamic personality that is comfortable presenting to senior management

Responsibilities

Work with teams across Millennium with regards to new business and fund launches.
Review fund documents (LPA/PPMs) as well as underlying fund operational setup prior to and as part of fund launches.
Oversee the team responsible for fund NAV and partners’ capital account statements, month-end closing and financial statements for various legal entities.
Oversee both European and American style waterfall carried interest calculations as well as portfolio manager compensation for other credit-related trading strategies
Manage a master-feeder structure(s) and multiple trading subsidiaries based in the US, Cayman, and Ireland with various financial, investor and regulatory reporting requirements.
Design, implement and oversee controls and processes to streamline data flow through systems, files and documents, for a new legal entity structure and private credit business
Oversee fund expense accruals, allocations, and reimbursements, where applicable.
Oversee the funds progress on preparation of annual fund financial statements and regulatory reporting.
Ongoing interaction with various teams across finance and the firm including financial reporting, PM compensation, valuation, operations, middle office, legal, investor relations and tax.
Product exposure includes CLOs, SRTs, Asset-backed products, Real Estate, Reinsurance