Manager, Accounting Close - BDC Fund Accounting

Golub Capital•Chicago, IL

2d•$100,000 - $150,000•Hybrid

About The Position

The BDC Fund Accounting Department is responsible for the financial and investor reporting associated with Golub Capital’s Business Development Companies (“BDCs”) which includes Golub Capital BDC, Inc. (NASDAQ: GBDC), Golub Capital Direct Lending Corporation, Golub Capital Direct Lending Unlevered Corporation, Golub Capital BDC 4, Inc. and Golub Capital Private Credit Fund. Two additional BDCs are in advanced planning stage. The team provides accounting and SEC reporting for the BDCs and their subsidiaries pursuant to the governing operating and investment management agreements and in accordance with United States Generally Accepted Accounting Principles (“U.S. GAAP”). BDC Fund Accounting also provides Golub Capital’s management companies and leadership with reporting and analysis in support of existing business and new initiatives. Key responsibilities within the group include monthly closes and ongoing maintenance of each BDC’s general ledger; preparation of monthly internal management reports; preparation of quarterly financial statements on Form 10-Q or 10-K; production of quarterly investor reporting; support of annual external audits; forecasting fund performance; setup and ongoing maintenance of investor capital accounts for Golub Capital Direct Lending Corporation, Golub Capital Direct Lending Unlevered Corporation and Golub Capital BDC 4, Inc. and coordinating technical system implementations while focusing on process automation. The BDC Fund Accounting Department interacts extensively with Golub Capital’s Operations, Treasury, Tax, Investor Relations, Business Development, Compliance, Technology Solutions and Valuation Teams.

Requirements

Bachelor’s degree required (Accounting or Finance preferred)
At least 5 years of relevant experience in financial services or a similar business is strongly desired (BDC / private equity / leveraged finance / hedge fund or similar)
Public accounting experience is strongly desired and SEC experience is a plus
CPA strongly encouraged
Experience with preparation of GAAP based financial statements is strongly desired
Proficiency in Excel, PowerPoint, Workday, Wall Street Office or similar packages is a strong plus
Strong critical thinking skills and ability to operationalize complex agreements and account for investments, incentive fee arrangements and partner allocations
Enthusiastic about working in office and creating a Gold Standard hybrid work culture

Responsibilities

Leading the accounting and financial reporting for one or more funds
Leading the month end close process, including the reconciliation of the portfolio level investment ledger to the GL
Leading the calculation and booking of fund level expenses including management fees, incentive fees and accruals in accordance with GAAP and applicable Investment Advisory Agreements
Reviewing the preparation of the BDC fund’s consolidated balance sheet, income statement and monthly reporting package
Leading / assisting in investor level capital activity such as periodic capital calls, dividend distributions and IRR statements with self-administered funds
Assisting with coordinating and managing third-party transfer agent activities associated with shareholder activity (new capital, dividend distributions and share redemptions), along with collaborating with internal teams and the transfer agent to address and resolve investor issues
Preparing and reviewing quarterly forecasts for senior management to provide preview of BDC performance before the month-end reconciliation process is complete
Ensuring the BDCs maintain RIC status for tax purposes throughout the year and at quarter-ends
Assisting with preparation of tax deliverables used in annual tax provision preparation and forecasting excise tax liability
Preparing and reviewing forecasts for the liquidity positions of one or more BDC funds to enhance investor returns and support capital call recommendations
Reviewing / preparing the Schedule of Investments and supporting schedules to provide specific portfolio company data used in footnotes, MD&A and investor presentations
Reviewing / preparing various Board Materials for senior management
Ensuring the execution of monthly and quarterly controls in accordance with firm’s control matrix
Coaching and developing junior team members
Leading / assisting various ad-hoc projects and requests including, but not limited to: rating agency forecasts, testing of technology changes and upgrades, projections and metrics, proxy statement due diligence and filings related to fund level strategic initiatives
Work closely with Treasury, Operations, Tax, Portfolio Monitoring and Investor Communications Teams as it relates to the ongoing operational and reporting needs of the BDC Fund Accounting Team
Leading / assisting the BDC Fund Accounting Team drive operational efficiencies and strong controllership throughout all processes