Job Description
Full job description
We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Position Overview:
We are seeking a highly skilled and detail-oriented Private Credit Accountant to join out Private Wealth team. This role is critical in managing and overseeing accounting functions, valuation processes, and regulatory compliance for StepStone Private Wealth’s private credit portfolio. The ideal candidate will possess deep expertise in credit operations, financial reporting, and regulatory requirements while demonstrating exceptional organizational, analytical skills and ability to work closely with our finance and investment teams.
Essential Functions:
This hands-on, detail-oriented position will:
Oversee valuation processes, ensuring accuracy and consistency in financial reporting.
Conduct and oversee valuation methodology calculations for 10-Q filings and ensure alignment with regulatory requirements.
Prepare and file 8-K and N-CSR reports, ensuring disclosure accuracy and consistency.
Review NAV components, financial statements, close checklists, and provide oversight for Fact Card reviews.
Manage tax accruals, dividend calculations, and compliance with regulatory requirements.
Coordinate audit processes, board materials preparation, and operational presentations.
Provide accounting oversight for transactions, interest, fees, and gains/losses.
Conduct borrowing base reviews and prepare quarterly managerial assistance letters.
Calculate and review dividends, including yield analysis, QII preparation, and 19A disclosures.
Conduct SOX control reviews and engage in audit discussions with external advisors.
Oversee subscription and share issuance processes to ensure compliance and accuracy.
Education and Experience Requirements:
Must possess a four-year college degree with a major in Accounting
CPA or CFA designation preferred
5+ years of experience in accounting, preferably within private credit, asset management, or financial services
Previous experience with Investment Company Accounting and ASC 820 (FAS 157) preferred
Previous experience with private credit investments preferred
Knowledge, Skills, and Ability Requirements:
Strong verbal and written communication skills
Strong Microsoft Excel experience
Ability to multi-task and manage priorities against key deadlines
Must be able to work independently, but contribute in a team-oriented environment
Salary range: $115,000 - $130,000
The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.
At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Position Overview:
We are seeking a highly skilled and detail-oriented Private Credit Accountant to join out Private Wealth team. This role is critical in managing and overseeing accounting functions, valuation processes, and regulatory compliance for StepStone Private Wealth’s private credit portfolio. The ideal candidate will possess deep expertise in credit operations, financial reporting, and regulatory requirements while demonstrating exceptional organizational, analytical skills and ability to work closely with our finance and investment teams.
Essential Functions:
This hands-on, detail-oriented position will:
Oversee valuation processes, ensuring accuracy and consistency in financial reporting.
Conduct and oversee valuation methodology calculations for 10-Q filings and ensure alignment with regulatory requirements.
Prepare and file 8-K and N-CSR reports, ensuring disclosure accuracy and consistency.
Review NAV components, financial statements, close checklists, and provide oversight for Fact Card reviews.
Manage tax accruals, dividend calculations, and compliance with regulatory requirements.
Coordinate audit processes, board materials preparation, and operational presentations.
Provide accounting oversight for transactions, interest, fees, and gains/losses.
Conduct borrowing base reviews and prepare quarterly managerial assistance letters.
Calculate and review dividends, including yield analysis, QII preparation, and 19A disclosures.
Conduct SOX control reviews and engage in audit discussions with external advisors.
Oversee subscription and share issuance processes to ensure compliance and accuracy.
Education and Experience Requirements:
Must possess a four-year college degree with a major in Accounting
CPA or CFA designation preferred
5+ years of experience in accounting, preferably within private credit, asset management, or financial services
Previous experience with Investment Company Accounting and ASC 820 (FAS 157) preferred
Previous experience with private credit investments preferred
Knowledge, Skills, and Ability Requirements:
Strong verbal and written communication skills
Strong Microsoft Excel experience
Ability to multi-task and manage priorities against key deadlines
Must be able to work independently, but contribute in a team-oriented environment
Salary range: $115,000 - $130,000
The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.
At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
💡 Quick Summary
Seeking a career-building opportunity? The Senior Fund Accountant/ Manager - Private Credit position is now open for candidates interested in the Accountant Jobs sector. This role in New York City offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
