Apply on Employer Site

The Carlyle Group · 3 months ago

Vice President, Global Credit Finance – Direct Lending

New York, NY

Full-time

Hybrid

Lead/Staff

$180K/yr - $200K/yr

12+ years exp

The Carlyle Group is a global investment firm with $465 billion of assets under management. They are seeking a Vice President for Global Credit Finance – Direct Lending who will manage all aspects of fund management including finance, operations, tax, fund accounting, and financial reporting while also developing junior team members.

Asset ManagementFinanceFinancial Services

Comp. & Benefits

Responsibilities

Coordinate with investment team, legal/tax counsel, and middle office operations team to plan and execute fund and deal closings including legal entity structuring

Assist with the formation process for all new entities and prepare documentation needed for internal Legal Entity approval, coordinate establishment of tax documentation (W8, W9) for all entities

Coordinate with Investor Relations on the closing of newly admitted LPs and assist in diligence requests

Monitor legal compliance with various fund agreements and side letter arrangements

Direct fund capital activity including capital call calculations, distribution calculations and the carry waterfall analysis, management fee and other allocations or reallocations prepared by the TPA

Oversee the borrowing/repayments request and compliance reporting across multiple credit facilities

Review of funds, portfolio, and investor level performance metrics

Review of revenue projection models and budgeting and re-forecasting files

Coordinate with Investor relation and the Business on new product launches

Broadly support the team in building more efficient processes across functions and sufficiently documenting said procedures and policies

Review quarterly fund closes based on data received from the TPA, which includes review of related support for all balance sheet and income statement accounts

Review of accrued and realized carry calculations from the TPA

Review of capital allocations and capital statements prepared by TPA

Review of financial statements and related footnotes

Coordinate interim and year-end audit requests and address questions from external auditors including coordination for SOX and SOC1 testing

Coordinate preparation of quarterly investor updates

Interact with investors on a periodic basis and respond to ad hoc request

Coordinate corporate deliverables and disclosures for firm’s public company reporting

Review monthly management fee, expense accruals, and quarterly budget analysis as it relates to respective funds

Manage the monthly working capital review and quarterly billing of expense reimbursements and management fees with Corporate Accounting

Coordinate with in-house and external tax teams on annual review of tax workbooks detailing book to tax difference to tax returns, tax returns, partner K-1s, and, state and local tax allocations

Qualification

CPAPrivate credit experienceFund accounting knowledgeU.S. GAAP knowledgeStructured Products knowledgeAnalytical skillsInterpersonal skillsOrganizational skillsTeam managementCommunication skills

Required

Bachelor's degree, required

CPA required

Minimum of 12+ years' relevant experience, required

Experience in private credit, strongly preferred

Experience in alternatives, familiar with fund accounting/GP/LP structures

Knowledge of U.S. GAAP with an emphasis on accounting for both closed/open ended fund structures and Collateralized Loan Obligations. Knowledge of LUX GAAP, and IFRS a plus

Knowledge of private equity and/or credit industry

Knowledge of Structured Products is a plus

Highly motivated; Self-starter

Ability to work under pressure to meet tight deadlines and balance multiple priorities

An innovative and analytical thinker with strong problem-solving skills

Strong organizational skills with the ability to own and see projects to completion

Strong ability to manage and develop junior team members

Strong interpersonal skills and a team player

Excellent interpersonal and communication skills, both written and verbal