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Controller - Business Development Company (BDC)

1 month ago


Fort Worth, United States Crestline Investors, Inc. Full time

Crestline Investors, Inc., founded in 1997 and based in Fort Worth, Texas, is an institutional alternative investment management firm. Crestline specializes in credit and opportunistic investments, including financing and restructuring solutions for mature private equity funds. In addition, the firm manages a multi-PM equity market-neutral hedge fund, and provides beta and hedging solutions for institutional clients. The company maintains affiliate offices in New York City, London, Toronto and Tokyo.

Job Summary:

The Controller for our new Business Development Company (BDC) will play a pivotal role in overseeing the financial operations and reporting of this key business unit. The successful candidate will be responsible for ensuring accurate financial reporting, compliance with regulatory requirements, and the development of effective financial strategies to support the BDC's growth and profitability. This position will report directly to the CFO of Crestline.

Key Responsibilities:

  • Oversee all financial operations of the BDC, including accounting, financial reporting, budgeting, and forecasting, in coordination with external Accounting Administrator.
  • Ensure compliance with all regulatory requirements applicable to BDCs, including SEC filings and other financial disclosures.
  • Coordinate with external auditors and manage the audit process for the BDC.
  • Implement robust internal controls and financial policies to safeguard assets and ensure accurate financial reporting (in accordance with Section 404 (a) of the Sarbanes-Oxley Act).
  • Work closely with the investment management team to provide financial insights and analysis that support investment decisions and portfolio management.
  • Lead the preparation of internal and U.S. GAAP financial statements, including balance sheets, income statements, and cash flow statements in accordance with SEC requirements.
  • Manage the tax planning and compliance for the BDC, in coordination with internal tax team and external advisors.
  • Liaise with senior management to develop and implement financial strategies for the BDC, aligning them with the firm's overall objectives.
  • Provide leadership and direction to the BDC's accounting team, fostering a culture of high performance and continuous improvement.
  • Stay abreast of industry trends and regulatory changes that may impact the BDC's financial operations.
Qualifications:
  • Bachelor's degree in Accounting, Finance, or related field. CPA required.
  • Advanced degree, MBA or Master's of Accounting is a plus
  • Minimum of 8 years of experience in accounting and financial management roles, with at least 3 years in a leadership position. Experience in a BDC or financial services firm highly desirable.
  • Strong understanding of BDC and/or SEC regulatory requirements, GAAP, and financial reporting standards.
  • Proven track record of managing financial operations, including audits, internal controls, and financial reporting.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong leadership abilities and experience managing a team.
  • Exceptional communication and interpersonal skills, with the ability to interact effectively with all levels of the organization.
  • Proficiency in financial software and advanced Excel skills.

Application Process:

Qualified candidates are encouraged to submit their resume and cover letter, detailing their relevant experience, and explaining why they are the best fit for this role. Please include your salary expectations and availability.

Equal Opportunity Employer: We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.