Black Swan Group
Private Credit Fund Accountant - Hedge Fund
Get notified of more jobs like this · No spam, ever
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Private Credit Fund Accountant – Hedge Fund
Location: London
Position Type: Permanent Vacancy
Compensation / Salary
- Base Salary: £90,000 to £115,000
- Benefits: Bonus (discretionary bonus 25% to 50% based on fund performance)
Working Model
- In Office: 4 days in office
- Remote: 1 day WFH (working directly with the PMs and business)
Right to Work
- Requirement: FULL UK Right to Work
- Note: No Student Visa’s (time limited) or Dependant Visa’s will be considered due to 3rd party risk and no client sponsorship is offered.
My client, a leading Private Credit hedge fund based in London, is looking to hire a Private Credit Fund Accountant to support its growing Private Credit and Distressed Banking Loans business.
This is an excellent opportunity for a Qualified Accountant to join a high-performing Private Credit and Distressed Banking Loans investment environment with exposure to complex distressed bank loans, private credit strategies, including direct lending, structured bank loans, credit, and special situations.
Key Responsibilities
- Oversee the end-to-end Private Credit accounting and reporting for private credit funds and related vehicles.
- Prepare and review NAV calculations, investor capital statements, and financial statements.
- Tax expertise: K-1 schedules / PFIC (Passive Foreign Investment Company) tax reporting for US entities. Tax documentation and managing tax requirements for the business.
- Manage fund cash, including capital calls, distributions, and reconciliations.
- Liaise with fund administrators, auditors, custodians, and internal stakeholders.
- Support deal lifecycle accounting, including investment bookings, valuations, and exits.
- Assist with regulatory reporting and compliance requirements.
- Contribute to process improvements and system enhancements – champion process automation, the business is looking for Fund Accountant that can embrace technology and process automation leverage new technologies, Power BI, Python, Tableau.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Requirements
- Qualification: Qualified accountant (ACA, ACCA, or equivalent).
- Experience: 5-10 years of experience in Private Credit Fund Accounting, ideally with exposure to private credit, debt funds, or hedge funds is a prerequisite.
- Tax Expertise: Strong understanding of Tax - K-1 schedules / PFIC (Passive Foreign Investment Company) tax reporting for US entities is a key requirement and candidates are asked to highlight this in their CV.
- Systems Knowledge: Prior Systems Coverage PMS / OMS namely - Enfusion, Broadridge, Front Arena will be advantageous.
- Financial Knowledge: Financial instruments, loan structures, and valuation principles.
- Experience: Experience working with fund administrators and external auditors.
- Skills: Excellent attention to detail and organisational skills. Proficiency in Excel; experience with fund accounting systems is advantageous.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Compensation
- Salary: £90,000 to £115,000 (max) base salary plus benefits and bonus (discretionary bonus 25% to 50% based on fund performance).
- Working Model: In office, 4 days in the office supporting the PMs and business directly and building infrastructure.
- Opportunities:
- Opportunity to work closely with front office and senior leadership.
- Exposure to a diverse and sophisticated credit investment strategy.
- Collaborative and high-performance culture.
If you are a motivated Private Credit fund accountant looking to deepen your experience in private credit within a dynamic hedge fund environment, we would welcome your application.
Please Apply early, to avoid disappointment!
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Location