Senior Associate, Fund Finance

Sycamore Tree Capital Partners•Dallas, TX

4d•Onsite

About The Position

Sycamore Tree Capital Partners, L.P. (STCP) is a value-oriented, active asset manager focused primarily on alternative credit, including broadly syndicated leveraged loans, high-yield bonds, credit secondaries, and structured credit investing. The firm is committed to excellence, client focus, integrity, humility, trust, and teamwork. This position is based at the company headquarters in Dallas, Texas. The Senior Associate primarily supports management company and fund accounting, with secondary backup responsibilities in fund operations and CLO reporting. The role offers broad experience supporting the finance and accounting function across open-ended and closed-ended funds, management company accounting, fund operations, and CLO reporting. The compensation package includes a competitive base salary and a discretionary bonus based on defined performance criteria, along with an attractive employee benefits package. Sycamore Tree Capital Partners is an Equal Opportunity Employer.

Requirements

Bachelor’s degree, preferably in accounting or finance.
Five to seven years of relevant experience in audit, tax, or fund administration.
Proficiency in Microsoft Excel.
Attention to detail and a strong desire for accuracy.
Highly organized.
Strong work ethic and a proactive approach.
Intellectually curious, with a strong desire to learn and grow.
Desire to work in an entrepreneurial environment and add value beyond designated responsibilities.

Nice To Haves

Current or previous experience with the day-to-day operational management of one or more funds.
CPA (or working toward one) or a master’s degree in accounting.

Responsibilities

Support open-ended and closed-ended funds throughout their life cycle.
Prepare information for auditors and tax preparers and ensure funds comply with U.S. GAAP.
Review net asset value (NAV) calculations from the fund administrator.
Calculate fund and investment performance.
Generate recurring and ad hoc fund reports for the investment team.
Monitor fund cash liquidity, future cash needs, and fund borrowings.
Manage the fund administrator and review its output.
Review fees, accruals, and fund expenses.
Perform position and cash reconciliations and fund profit and loss calculations.
Coordinate with the Fund Operations team.
Work with the STCP Legal team on new fund document creation and interpretation, including LPAs, PPMs, and credit facility agreements.
Assist the Business Development and Product teams with marketing collateral content and investor inquiries.
Review and process invoices.
Track, calculate, and document the allocation of expenses to funds.
Calculate and analyze monthly and quarterly firm financial performance.
Review cash and treasury management.
Support trade settlement from initial trade review through final settlement.
Handle corporate actions and restructures.
Perform regular CLO reporting and compliance testing.
Review CLO waterfall calculations and trustee cash reports.