Senior Analyst, Private Credit Fund Management
The Carlyle Group
Responsibilities
- Accounting and Reporting (50% of time)
- Detailed 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.
- 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
- Coordinate interim and year-end audit requests and questions
- Finance and Operations (20% of time)
- Assist in the structuring, execution and monitoring of investment transactions
- Coordination and review valuations prepared by deal team
- Review performance metrics compiled by TPA
- Preparation of various reports provided to investors periodically (i.e. Quarterly Update Letter)
- Investor Requests (15% of time)
- Interact with investors on a periodic basis and produce and analyze a variety of ad hoc analysis
- Transactions and fund activities management (5% of time)
- Manage the funds capital needs/expenses by communicating capital activity to TPA, monitoring funds’ cash needs and credit facility, understanding funds’ carry position/determination of carry and reviewing fee & expense calculations prepared by TPA
- Management Company Reporting/Budgeting (5% of time)
- Responsible for review of monthly management company accounting and reporting and quarterly expense and budget analysis as it relates to respective fund
- Tax (5% of time)
- Annual review of tax workbooks detailing book to tax difference to tax returns, tax returns and partner K-1s
Qualifications
- Bachelor’s degree in Accounting and/or Finance required
- Master’s degree in Accounting and/or Finance preferred
- CPA and/or CFA preferred
- Minimum of 2-4 years’ experience either in private credit or public accounting with private equity or credit investment experience
- Strong knowledge of closed-end structured funds
- Knowledge of accounting & reporting for credit products is a plus
- Highly motivated individual
- Strong interpersonal skills a must
- Strong organizational skills and detail oriented. Attention to detail a must.
- Excellent communication skills – both written and oral
- Demonstrated ability to work effectively as part of a team and successfully manage multiple responsibilities under strict deadlines
- Proficient Microsoft Word, PowerPoint and Excel.
Company Information
The Carlyle Group (NASDAQ: CG) is a global investment firm with $426 billion of assets under management and more than half of the AUM managed by women, across 586 investment vehicles as of December 31, 2023. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world’s largest and most successful investment firms, with more than 2,200 professionals operating in 28 offices in North America, Europe, the Middle East, Asia and Australia. Carlyle places an emphasis on development, retention and inclusion as supported by our internal processes and seven Employee Resource Groups (ERGs). Carlyle’s purpose is to invest wisely and create value on behalf of its investors, which range from public and private pension funds to wealthy individuals and families to sovereign wealth funds, unions and corporations. Carlyle invests across three segments – Global Private Equity, Global Credit and Investment Solutions – and has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation.
At Carlyle, we know that diverse teams perform better, so we seek to create a community where we continually exchange insights, embrace different perspectives and leverage diversity as a competitive advantage. That is why we are committed to growing and cultivating teams that include people with a variety of perspectives, people who provide unique lenses through which to view potential deals, support and run our business.