RC FS-MS - EY COMPLY and RVS-Private credit Fund Accounting-Manager

Job description

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. Risk Consulting – EY Comply - Manager At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world. About Global Delivery Services Global Delivery Services refers to EY's worldwide network of service delivery centers. The GDS team plays an important role in EY’s strategy by ensuring effective support to EY’s growth agenda. Our journey started in 2002 with approximately 200 people. Today we stand at 80,000+ professionals in ten locations around the world. We operate in Argentina, China, Hungary, India, Philippines, Poland, Sri Lanka, Mexico, Spain and the United Kingdom. Client service is focused on providing Consulting, Assurance, Tax, Strategy & Transactions, and Knowledge support to our clients around the world. The teams enable account teams worldwide to provide seamless, high-quality, value-added support, helping deliver exceptional client service. Enablement Services provides cost-effective, high-skilled, and innovative services to support EY’s global and local enablement teams. Markets, BMC, AWS, Finance and Accounting, Risk Management, Procurement, People Shared Services, IT Service Delivery and IT Global Infrastructure services, are among the services offered by Enablement Services. Our innovation specialists serve the GDS Client Service and Enablement Services teams, along with Service Lines, Core Business Services and Sectors. The team brings the desired environment, technologies and skilled teams together for facilitation, rapid prototyping and innovative thinking. The competencies offered include analytics, digital, user experience, mobile technology, infrastructure, Microsoft technologies and open innovation. The Opportunity Open position for a managerial role in fund accounting for one of our Global clients. The candidate is expected to lead the fund accounting and reporting cycle, from NAV to financial statements, overseeing the preparation and review of deliverables, managing and developing junior team members, liaising with stakeholders and driving accuracy, control and process improvement across the team. Your Key Responsibilities Lead the end-to-end fund accounting process for multiple private credit funds, ensuring timely and accurate monthly, quarterly, and annual closes. Oversee accounting for complex private credit transactions, including loan originations, repayments, PIK interest, coupon interest, OID amortization, commitment fees, restructuring events, and realized/unrealized gains or losses. Review and approve journal entries, general ledger reconciliations, investment accounting, and supporting schedules. Oversee Net Asset Value (NAV) calculations and ensure compliance with fund governing documents and accounting policies. Review investor allocations, capital account statements, capital calls, distributions, equalization, and carried interest calculations where applicable. Ensure timely preparation and review of financial statements, investor reporting packages, and regulatory reporting deliverables. Establish and maintain robust internal controls over fund accounting processes. Drive process optimization, automation, and standardization initiatives to improve operational efficiency and scalability. Monitor key performance indicators (KPIs), service level agreements (SLAs), and reporting timelines. Lead, mentor, and develop a team of fund accountants through coaching, training, and performance management. Review work completed by team members to ensure quality, accuracy, and adherence to established procedures. Foster a culture of accountability, collaboration, continuous improvement, and operational excellence. Al fluency - Demonstrates broad knowledge of AI trends, opportunities, and risks within operations. Supports the implementation of AI driven process improvements, encourages responsible AI adoption within the team, and contributes to efficiency and continuous improvement initiatives. Skills and attributes for success Master’s degree in commerce, Accounting, Finance. Professional qualifications such as CA, CPA are preferred. Minimum 9 years of experience in private credit fund accounting, private equity fund accounting, fund administration, or alternative investment operations. Demonstrated experience managing teams Strong understanding of private credit products, including direct lending, senior secured loans, mezzanine debt, unitranche facilities, syndicated loans, and structured credit. In-depth knowledge of fund accounting principles, investment accounting, NAV calculations, investor allocations, and financial reporting. Strong understanding of US GAAP and/or IFRS applicable to alternative investment funds. Experience working with fund accounting platforms such as SS&C Geneva, Investran, Allvue, eFront, or equivalent systems. Advanced Microsoft Excel skills with strong analytical and reconciliation capabilities Excellent analytical and problem-solving skills with exceptional attention to detail. Ability to manage multiple priorities and deliver high-quality outcomes in a fast-paced environment. Excellent verbal and written communication skills with experience interacting with senior stakeholders. Strong project management and organizational skills. Demonstrates ownership, accountability, sound judgment, and a continuous improvement mindset. Ideally you will also – Bring a continuous improvement mindset, identifying where manual processes can be automated or enhanced through AI-enabled tooling, and the leadership to embed those improvements across the team. What we look for – A qualified accountant with deep technical expertise in fund accounting & financial reporting, and proven experience in leading teams. What we offer you At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. Learn more. Are you ready to shape your future with confidence? Apply today. To help create an equitable and inclusive experience during the recruitment process, please inform us as soon as possible about any disability-related adjustments or accommodations you may need. Our Commitment : As a commitment, we persistently endeavour to embody our values, fulfil our purpose, and champion inclusiveness. Our dedication is to cultivate EY into an environment where diverse perspectives are celebrated, creating a supportive atmosphere for individuals to authentically be themselves and contribute their utmost. Professional Developmen t: From entry-level employees to senior leaders, we believe in continuous learning. We offer opportunities to build new skills, take on leadership roles, and connect and grow through mentorship. People and Culture : In our dynamic workplace, diversity, equity, and inclusiveness are ingrained in our culture. We're united by a commitment to create an environment where every individual's differences are valued, practices are equitable, fostering a sense of belonging. Our shared values include integrity, respect, teaming, inclusiveness, energy, enthusiasm, courage to lead, and building relationships based on doing the right thing. Benefits : Embark on a transformative career journey with us and indulge in a suite of premium benefits, encompassing exclusive health and wellness packages, enticing rewards, and cutting-edge learning opportunities that empower you to continually grow and excel in your professional and personal development. How to Apply : If you are passionate to join us and are aligned with our commitment to building a better working world, we invite you to apply by completing our user-friendly form with personal and professional information and by providing your consent to data privacy. Successful candidates advance to a competency-based interview. If mutual interest persists, a job offer awaits. “We are an equal opportunity employer and are committed to Diversity, Equity & Inclusion”. EY | Building a better working world EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.