BDC Accountant

Greetings from CES!

CES is seeking to add a BDC Accountant to our team to support the development and management of our flagship BDC and broader credit products fund platform. Reporting to our BDC Controller based in US, this role will be responsible for contributing to the accuracy and completeness of filing requirements for public and private credit fund entities. They will play a key role in preparing public SEC filings, overseeing dividend distributions, tax compliance, regulatory compliance, and overall financial management of the funds. The ideal candidate will have previous loan accounting experience with a desire to learn and develop in their career.

Shift Timings : 2 : 00 PM IST to 11 : 00 PM IST

Job Title : Senior Fund Accountant / / Lead / / AM - BDC Accounting _ Hyderabad

Location : Hyderabad

Job Responsibilities :

Accounting / Financial Reporting

Prepare and review quarterly and annual reports and investor presentations

Evaluate quarterly balance sheet and income statement analytics

Analyze and account for income from debt securities portfolio and more complex investments

Assist with the review of miscellaneous public regulatory filings

Stay current on pending changes to accounting guidance and financial reporting requirements

Prepare / review month-end NAV from fund administrator which includes cash and interest reconciliations, expense accruals, holdings, etc.

Prepare monthly P&L analytics

Generate and distribute ad hoc reporting to relevant parties such as senior management, deal teams, and investors

Provide fund performance analysis and assist with business modeling

Maintain fund expense budgets and allocations, tracking expenses and coordinating updates with fund administrator

Evaluate current financial and accounting processes, propose and implement improvements

Valuation :

Assist with ongoing portfolio monitoring as well as the review of quarterly valuation models.

Assist in preparing and analyzing pricing and valuation materials for management and / or the Board of the BDC.

Audit Management / Controls :

Coordinate with external auditors during the year end audit and during quarterly reviews

Ensure that effective internal controls are in place. Provide evidence of internal control environment to external auditors on an annual basis

Assist with budgeting, forecasting, expense management, and ad-hoc financial analysis

Work with internal and external auditors

Regulatory / Tax Compliance :

Liaise with internal and external tax teams on RIC compliance, quarterly dividend analysis, annual filings, and other ad-hoc requests

Continuously monitor asset and liability needs, including ensuring the company is in compliance with all regulatory and tax requirements

Operational Excellence :

Assist in the setup and launch of new funds and financial products.

Manage staff, several third-party vendors, and consultants to accomplish the reporting and other matters related to the public and private funds.

Work closely and assist in the management of members of near-shore and offshore team members.

Liaise with operations on the monthly and quarterly close of the books and records, including review of fundings and amendment activity.

Liaise with the deal team on new and existing investment for valuation and financial reporting.

Liaise with operations team on fund transactions and activities.

Experience / Skills :

5+ years of relevant work experience, preferably with BDC accounting experience (e.g., public accounting / reporting, in-house private credit auditing, fund accounting)

Prior or current Big 4 experience highly preferred

Technical understanding of credit products and related investment company accounting under U.S GAAP (e.g., ASC 946 and ASC 820)

Proficient knowledge of Microsoft Excel and strong analytical skills

Understanding of SEC reporting requirements (e.g. 10K & 10Q) and experience working with publicly listed or registered companies.

Experience with SOX 404 compliance preferred (e.g. SOX audits or working in a SOX-controlled environment)

Knowledge of portfolio accounting systems; Geneva experience is a strong plus

Personal Attributes :

Team player who thrives working in a fast-paced and dynamic start-up environment

Communicates effectively with colleagues of all levels, including senior executives

Self-motivated and able to work independently to achieve substantive execution of objectives, while also able to be productive in a team environment

Maintains highest standards and attention to detail

Excellent research and writing skills

Prioritizes internal controls in all matters

Ability to work closely with other support staff, both inside and outside the organization, in what will be a respectful, but often high-pressure, environment.

Comfortable taking on additional responsibilities as business needs develop and our organization scales

Willingness and interest to learn new skillsets

Education / Credentials :

Bachelor’s degree in Accounting, Finance, or related field preferred