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Manager - fund accounting

Sydney
Profusion
Posted: 4 June
Offer description

Role

Reporting to the Head of Operations, you will take ownership across fund accounting, valuations, loan operations, and third‐party oversight for private credit vehicles. This is a hands‐on, end‐to‐end role suited to someone who thrives operating as a subject‐matter expert and enjoys working across both technical accounting and operational delivery.

Key Responsibilities Fund Valuation & Reporting
* Lead NAV review processes, including detailed oversight of administrator‐prepared NAV packs
* Manage valuation processes for private credit assets, including loans, revolvers and delayed draw facilities
* Oversee IFRS 9 / AASB 9 processes including ECL, staging, impairment and valuation documentation
* Review complex accounting treatments (PIK income, fee amortisation, non‐accruals, restructurings and valuation movements)
Loan Operations & Reconciliations
* Oversee borrower cashflows, drawdowns, repayments and capital activity
* Own reconciliations across cash, positions, interest, principal and fees
* Investigate and resolve breaks across multiple counterparties and systems
* Ensure accurate capture of credit events across internal records and administrators
Service Provider Oversight
* Manage relationships with fund administrators, custodians, trustees and auditors
* Review financial statements, investor reports and audit deliverables
* Monitor service quality and drive issue resolution across providers Transaction & Data Management
o Support new deals, restructurings and credit events from an operational perspective
o Ensure accurate setup of positions, counterparties and facilities
o Maintain strong data governance across loan systems and reporting outputs
Process Improvement & Controls
o Enhance reconciliation frameworks, controls and operational procedures
o Identify automation opportunities across reporting and workflows
o Support and mentor junior team members as the platform grows
About You
o 5-8+ years' experience in private credit, fund accounting, loan operations or debt administration
o Strong knowledge of IFRS 9 / AASB 9, including ECL and valuation processes
o Proven experience overseeing fund administrators and reviewing NAV packs and reporting
o Advanced Excel skills; exposure to Power BI, SQL, VBA or Python is a plus
o CA / CPA (or equivalent) highly regarded
Personal Attributes
o Highly analytical with strong attention to detail
o Ownership mindset with the ability to operate end‐to‐end
o Strong communicator, comfortable working with senior stakeholders and external partners
o Solutions‐focused with a passion for improving processes and systems
o Commercially minded with a genuine interest in private credit markets
We are committed to providing a supportive culture and positively contributing towards creating diverse and inclusive workplaces for our candidates & clients. We invite candidates of all ages, genders, sexual orientation, cultural backgrounds, people with disability, neurodiverse individuals, and Indigenous Australians to apply.
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