Credit - Senior Accountant

Petra Funds Group • New York, NY

1d • $82,000 - $123,000 • Hybrid

About The Position

Petra Funds Group is hiring a Senior Accountant for its credit operations team, which supports private credit managers through credit middle-office operations, loan agency and monitoring, and other pre- and post-execution services. The role serves as a primary contact for credit fund client relationships and oversees engagements from proposal through implementation and ongoing administration. It is responsible for ensuring engagements are appropriately staffed, establishing processes that support client satisfaction and deadlines, and overseeing accounting, investor communications, reporting, performance calculations, and audit preparation for credit fund partnerships. The position collaborates with a Director on strategic projects and works with systems including Investran Live, Salesforce CRM, and Intralinks.

Responsibilities

• Serve as the primary contact for credit fund client relationships, overseeing engagements from proposal through implementation and ongoing administration.
• Ensure client engagements are properly staffed and team members receive the training needed to meet internal and external deliverables.
• Develop, implement, and maintain processes and procedures that support client satisfaction and adherence to deadlines.
• Review and implement partnership allocation models in accordance with partnership agreements.
• Develop proficiency in Investran Live, Salesforce CRM, and Intralinks through training with the accounting team.
• Coordinate and review investor communications, including capital call and distribution notices and capital balance statements.
• Oversee and review investment transactions in the Investran Live general ledger system.
• Review and approve management fee calculations, invoices, and journal entries.
• Oversee daily and monthly cash reconciliations for credit partnerships and associated portfolio companies.
• Review fund financial statements and other management reports for accuracy and compliance.
• Collaborate with the Director on strategic projects, reviewing staff-prepared materials such as general ledger entries, quarterly work papers, audit confirmations, limited partner requests, and ad hoc documents.
• Review or calculate credit fund performance metrics, including gross and net MOIC, IRR, TVPI, RVPI, and DPI.
• Lead preparation and review of materials for interim and annual audits of credit fund partnerships and maintain productive relationships with auditors.

Benefits

• Medical, dental, and vision insurance premiums covered at 90%.
• Employer-funded Health Savings Account contributions up to the IRS maximum for employees enrolled in the high-deductible health plan.
• 401(k) employer match of 100% of employee contributions up to 5% of compensation, with immediate vesting.
• Flexible paid time off.
• Generous holiday calendar.
• Hybrid work environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed