BDC Controller

Job Responsibilities  

Accounting / Financial Reporting 

• Prepare and review quarterly and annual reports and investor presentations 
• Evaluate of 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 and pending changes to accounting guidance and financial reporting requirements 
• Own the overall technical accounting application to transactions and structured deals 
• Develop and maintain core accounting policies 
• 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; track expenses and coordinate 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. 
• Ensure only approved valuations are incorporated into the financial statements 

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 
• Oversee external audit functions, ensuring that effective internal controls are in place and reporting is compliant with regulatory laws and rules for financial and tax reporting 
• 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 

• Focus on systems development to ensure efficient accounting and financial reporting, building a platform for the existing and future additional fund entities. 
• Support the CFO to streamline and improve our overall process as part of the larger platform. 
• 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. 
• Develop and oversee team member objectives and career development. 

Experience/Skills 

• 10+ years of Big 4 or relevant work experience in Fund Accounting/Reporting 
• Proficient knowledge of Microsoft Excel and strong analytical skills 
• Knowledge of portfolio accounting system, such as Geneva 
• Public accounting with actual credit fund accounting and reporting experience preferred 
• Credit fund and related product accounting and reporting experience. 
• Experience with SEC reporting and technical accounting for credit products and related funds. 
• Experience managing direct reports, consultants, and third-party vendors 
• Experience working with publicly listed or registered companies. 
• Experience working directly with deal team and upper-level management on quarterly deliverables. 
• The ideal candidate will possess a deep understanding of listed and non-listed BDCs which will be instrumental in furthering the company’s strategic positioning and buildout of the organization.   

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 and board members 
• 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 for themselves and their team 
• Excellent research and writing skills 
• Prioritizes internal controls in all matters 
• Able to leverage professional network in making decisions, effectively prioritizing, and conveying a sense of urgency to drives issues to closure 
• 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 

Education/Credentials: 

• CPA or equivalent required 
• Bachelor’s degree in Accounting, Finance, or related field preferred