Fund Controller Registered Private Credit Strategies

Job Title: Fund Controller Registered Private Credit Strategies

Location: New York City, NY (Onsite)

About the Client

The client is a rapidly expanding division within its broader organization, managing investor commitments across private equity fund-of-funds, secondary investments, co-investments, direct investments, and alternative credit strategies. A key focus is their innovative private credit platform, which provides tailored financing solutions to originators of high-yield, short-duration debt including consumer loans, small business loans, and receivables.

Leveraging a flexible investment approach, the client goes beyond traditional direct lending by utilizing asset-backed credit facilities, whole loan acquisitions, and corporate debt and equity investments. This versatility enables them to deliver customized capital solutions that align with the unique needs of their business partners.

Role Overview

The client is preparing to launch a groundbreaking 1940 Act registered closed-end private credit fund, offering daily liquidity to both accredited and non-accredited investors marking a first-of-its-kind product within the group.

This role will report directly to senior leadership and play a pivotal role in managing SEC reporting and regulatory filings to ensure full compliance. As the funds grow, the candidate will also be responsible for building and leading a team, including hiring, training, and mentoring junior staff.

Ideal Candidate Profile

• Proven ability to thrive in a fast-paced, entrepreneurial environment.
• Strong work ethic and a proactive mindset.
• Motivated by the opportunity to build and optimize processes from the ground up.
• Experience with SEC reporting and regulatory compliance, preferably within registered fund structures.
• Leadership capabilities with a track record of team development and operational execution.

Key Responsibilities

• Fund Readiness & Knowledge Building: Develop a comprehensive understanding of existing fund structures, investments, operations, and reporting to effectively support the launch of the new registered private credit fund.
• Fund Launch Execution: Lead the launch of the 1940 Act registered closed-end fund, including implementation of technology platforms, establishment of internal controls, and development of accounting and operational policies. Document all processes in a formal operations manual for the new team.
• Regulatory Reporting & Compliance: Ensure timely and accurate submission of all SEC filings, including N-PORT, N-CEN, N-CSR, and semi-annual/annual reports, maintaining full compliance with regulatory requirements.
• NAV Oversight & Financial Reporting: Review daily NAV calculations and oversee monthly/quarterly close processes, including allocations, waterfalls, and fund performance metrics. Lead coordination with third-party service providers such as administrators, custodians, and valuation agents.
• Board & Investor Communications: Support the preparation of quarterly board materials, investor presentations, and other key reporting deliverables.
• Regulatory Monitoring: Collaborate with legal and tax teams to monitor compliance with SEC and IRS regulatory tests.
• Data Analysis & Portfolio Monitoring: Perform data analysis and reconciliation on large asset portfolios, ensuring compliance with portfolio quality and concentration thresholds.
• Fee Validation: Review and validate management and incentive fee calculations to ensure accuracy and consistency with fund terms.
• Liquidity & Leverage Oversight: Assist in liquidity planning, including cash flow forecasting, budgeting, and oversight of multiple credit facilities and compliance requirements.
• Investor Relations Support: Respond to investor inquiries related to fund performance, NAVs, tax matters, and other key topics.
• Credit Facility Management: Maintain oversight of fund credit facilities by interpreting legal agreements and maintaining a detailed understanding of underlying portfolio assets.
• Ad Hoc Support: Address various requests from senior leadership, portfolio managers, and investor relations teams, contributing to strategic initiatives and operational improvements.

Qualifications

• Bachelor s or advanced degree in Accounting, Finance, or a related field; CPA designation strongly preferred.
• 7 12 years of progressive experience in accounting or finance, with a strong foundation in investment fund operations.
• Direct experience with SEC reporting for Registered Investment Companies is required.
• Solid understanding of credit-related investment products and structures.
• Familiarity with daily NAV fund operations is a plus.
• Highly detail-oriented, organized, and resourceful, with a commitment to accuracy and quality.
• Proven experience in designing and implementing new policies, procedures, and control frameworks.
• Strong time management skills with the ability to meet tight deadlines and perform under pressure.
• Demonstrated leadership experience, including managing and mentoring junior staff.