Head of Private Credit Investment Accounting

3 weeks ago


Chicago, Illinois, United States Adams Street Partners Full time

Head of Private Credit Investment Accounting

Adams Street Partners is a global private markets investment manager with a strong commitment to collaboration, intellectual rigor, and professional development. We are seeking a seasoned professional to lead our Private Credit Investment Accounting team.

The successful candidate will have significant experience in private credit accounting and a proven track record of managing high-performing teams. They will be responsible for coordinating with third-party administrators, managing the overall administrator relationship, and ensuring the accuracy and timeliness of financial statement reporting.

The ideal candidate will have a strong understanding of private credit accounting principles, including experience with Investran and Allvue. They will also have excellent communication and interpersonal skills, with the ability to work effectively with various stakeholders, including clients, internal teams, and external partners.

Responsibilities:

  • Manage the overall investment accounting and financial statement reporting process for the Adams Street private credit business
  • Coordinate with third-party administrators and manage the overall administrator relationship as it relates to investment accounting and financial reporting
  • Manage the day-to-day activities and overall performance of the Private Credit Investment Accounting team
  • Collaborate with various other groups throughout the organization, including Middle Office, Performance Reporting, and the Private Credit Investment Team, to help manage the overall operational aspects of the Adams Street private credit business
  • Serve as a member of the Private Credit Investment Valuation Committee and manage the overall relationship with our third-party external valuation firm
  • Work closely across the organization to consult on various aspects of new product and new fund launches related to the Adams Street private credit business
  • Interact directly with clients to complete due diligence requests and respond to other ongoing inquiries

Requirements:

  • Undergraduate degree in Finance, Accounting, or related discipline
  • 15+ years of experience, including significant experience in a leadership role within the finance department at a private credit manager
  • Strong Microsoft Excel and PowerPoint skills
  • Experience with private credit accounting and data systems, including Investran and Allvue
  • Experience working with various types of private credit funds, including closed-end funds, CLOs, and BDCs
  • Experience working with private credit data maintenance and calculating performance metrics for private credit investments
  • Detail-oriented self-starter with the ability to work alone and in a team environment
  • Strong work ethic and strong interpersonal and communication skills


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