Manager, Global Credit Finance Opportunistic Credit

Full-time - Manager

New York, NY

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

Carlyle's Global Credit business is looking for a Manager to sit with the Credit Opportunities Fund Management Co-invest team. This individual will be responsible for assisting in all aspects of accounting, reporting, and monitoring. This position requires strong accounting and finance experience, working knowledge of the alternative investment industry, strong organizational and analytical skills as well as ability to build rapport with investment professionals, investor relations, valuation, and operations staff.

Responsibilities

• Oversight and review of Quarterly fund closes based on data received from the Third Party Administrator (TPA), which includes review of related support for all balance sheet and income statement accounts.
• On a monthly basis purchase and sale transactions and income are reviewed as part of a soft close.
• Oversee review of cash and position reconciliations from Operations team.
• Detailed review of accrued carry calculations from the TPA.
• Detailed review of capital allocations and capital statements prepared by TPA.
• Detailed review of financial statements.
• Oversee coordination interim and year-end audit requests and questions.
• Perform a detailed review capital call calculations, distribution calculations and the waterfall analysis, management fee and other allocations or reallocations prepared by the TPA.
• Write and review certain investor correspondences.
• Coordinate with Internal Coinvestment team (internal investors) to ensure that required data is provided and capital calls and distributions are consistent between internal and external teams.
• Assist in the structuring, execution and monitoring of investment transactions.
• Assist with deal structuring for CCOF investments, documentation and oversee formation of structures and coordinate investment funds with middle office.
• Coordination and review valuations prepared by deal team.
• Review performance metrics compiled by TPA.
• Preparation & Review of corporate Economic Net Income models for respective fund(s) and gather all necessary data needed for models from deal team, TPA, etc.
• Preparation of various reports provided to investors periodically (i.e. Quarterly Update Letter).
• Responsible for review of monthly management company accounting and reporting, expense and budget analysis as it relates to respective fund.
• Annual review of tax workbooks detailing book to tax difference to tax returns, tax returns and partner K-1s.

Requirements

• Bachelor's degree, required.
• Concentration in Accounting and/or Finance, preferred.
• CPA required.
• Minimum of 5-7 years' overall relevant experience, required.
• Experience either in private credit or public accounting with supervisory experience, preferred.
• Experience in alternatives, familiar with fund accounting/GP/LP structures and/or SMAs.

Nice-to-haves

• Highly motivated; Self-starter.
• Time management/prioritization.
• Strong interpersonal skills and a team player.
• Strong organizational skills and detail oriented.
• Excellent communication skills - both written and oral.
• Strong ability to manage and develop junior team members.

Benefits

• The anticipated base salary range for this role is $125,000 to $155,000.
• Comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs.
• Eligibility to participate in an annual discretionary incentive program, dependent on various factors, including individual and organizational performance.