Accountant - Investment Fund

Vichara is a Financial Services focused products and services firm headquartered in NY and building systems for some of the largest i-banks and hedge funds in the world.

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

Experience/Skills:

• 3 -7 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

Compensation -   $140K

Benefits:

• Extended health care
• Dental care
• Life insurance