Senior Accountant (Credit BDC) - Daley and Associates

Senior Accountant - Boston, MA - Credit BDC

A leading business development company is looking to hire a Senior Accountant to their growing team. This group has over 20 dedicated professionals around the world who exclusively focus on middle-market investments. The Senior Accountant will work directly in the preparation and/or review of various Business Development Companies’ (“BDCs”) reporting requirements.

Requirements: 

• 10-Q and 10-K SEC filings

• Weekly performance reporting including returns, positioning, and attribution analysis

• Weekly dividend estimate

• Review and reconciliation of outside Administrator’s NAV package

• Materials for BDC Board of Directors

• Work with Investor Relations to prepare investor decks and earnings release

• Analytical review of quarterly balance sheets and income statements

• Close interaction with outside accountants to assist in their audit work

• Close interaction with third party service provider to document evidence of internal controls operating effectively

• Close interaction with legal team to ensure BDC’s remain in compliance with regulatory requirements

• Capital reporting to investors of Joint Ventures

• Frequent /Challenging / Unique Ad hoc requests

• Application of provisions described in complex legal documents for Joint Ventures (e.g. PPMs/LPA/IMAs) including:

• Capital Call Provisions

• Capital Allocations

• Carried Interest Allocations

• Distribution Provisions

• Management Fees

• Expenses (ability to charge as well as expense cap provisions)

• Investment Restrictions/Compliance

• Close interaction with Portfolio Management team to address issues surrounding investment objectives and constraints within each fund’s investment mandate. Responsible for having an understanding of asset classes owned within each fund, which may include bank loans, equities and structured products.

• Close interaction with deal staff to address any question that arises as part of the financial reporting process. Responsible for understanding the nature of their question and addressing accordingly either through providing additional information as needed or developing new solutions to address their needs.

• Close interaction with Operations and outside Administrator when issues are discovered as part of the financial reporting process. Responsible for determining the root cause of the issues encountered, determining effective solutions, and then overseeing the implementation of those solutions.
   

General Qualifications:

• 2 – 4 years of public accounting, (financial services preferred), or other relevant work experience in a rigorous environment. BDC experience is a plus.

• Strong ability to prioritize multiple responsibilities and work under tight deadlines.

• Strong analytical problem-solving skills.

• Strong interpersonal skills with capacity to interact with outside parties and personnel across all levels of the firm.

• Ability to decipher complex legal documents.

• Dedicated team player with a strong sense of ownership and follow-through skills.

• Detail-oriented, conscientious and energetic professional.

• Strong Excel skills including the ability to develop efficient Excel templates from scratch. Experience with macros not needed.

• Strong ability to think outside the box to develop solutions to Frequent / Challenging / Unique Ad hoc requests in order to deliver the desired result/information when quite often starting from a blank slate.

This role is a full-time hybrid (3 days in 2 at home) opportunity that will offer up to 100K on a base salary, 15% bonus, 14% profit share, and great benefits. If you are interested in this opportunity, please reach out to Vincenzo Kulturides directly at vkulturides@daleyaa.com


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