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Associate, Fund Accounting

ATLAS SPNew York, New York, United States · Posted 23 days ago
Full-timeEst. 115,000 USD
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Description

About ATLAS SP Partners

ATLAS SP Partners is a global investment firm providing stable funding, financing, advisory and institutional products to market participants seeking innovative and bespoke structured credit and asset-backed solutions. Our experienced team works closely with clients to determine optimal approaches for capital optimization and goal achievement, leveraging a holistic suite of integrated capabilities – including asset and portfolio advisory, warehouse and acquisition financing, whole loan purchase and sale, and securitization and distribution. ATLAS is proud to build upon a legacy of client excellence, distinguished by certainty of execution, deep expertise, and comprehensive service across the asset management landscape.

Our Culture

ATLAS operates as “one team” where every individual makes an impact. We grow together, win together, and embrace change as a unified organization. Our commitment extends beyond advancing markets, and we strive to make a meaningful difference in our communities and for our clients. Our people are industry leaders, driven by a passion for client service, complex problem solving, and innovation. We foster professional and personal growth in a collaborative, inclusive environment, and are proud to build upon a legacy of excellence anchored in deep expertise and client service across the asset management landscape.

Position Overview

Our Fund Accounting team is a core part of the firm's Finance organization and is responsible for the accounting, financial reporting, and operational oversight of the firm's private credit funds and related investment vehicles.

The Associate will support the day-to-day accounting and reporting activities for multiple funds while partnering with third-party administrators, investment professionals, and other finance teams. This role requires strong analytical skills, attention to detail, and the ability to identify process improvements in a dynamic, fast-paced environment. The ideal candidate is intellectually curious, takes ownership of their work, and is looking to develop into a well-rounded finance professional within alternative asset management.

Primary Responsibilities

• Support the monthly, quarterly, and annual close process for multiple private credit funds.
• Prepare and review NAV packages and supporting schedules prepared internally and by third-party fund administrators.
• Analyze portfolio activity, including investment purchases and sales, financing transactions, interest income, fund expenses, and partner capital activity.
• Assist in the preparation and review of quarterly and annual financial statements, including supporting disclosures.
• Support the annual audit process and coordinate with external auditors and tax advisors.
• Review capital activity, including subscriptions, redemptions, capital calls, and distributions.
• Prepare and analyze management fee calculations, expense allocations, carried interest, and other fund-level allocations.
• Monitor and reconcile daily cash activity, portfolio positions, and other key fund metrics.
• Prepare recurring management reporting, liquidity analyses, and investment performance reporting.
• Identify opportunities to improve accounting processes, controls, and reporting efficiencies.
• Partner with investment, operations, treasury, tax, and other finance teams to resolve accounting and operational matters.
• Support special projects and strategic initiatives as needed.

Qualification and Experience

• Bachelor's degree in accounting or finance required
• CPA designation or progress toward CPA preferred.
• 2–5 years of relevant experience in fund accounting, public accounting, fund administration, or financial services.
• Experience with private credit, private equity, hedge funds, or alternative investment structures preferred.
• Strong understanding of partnership accounting and U.S. GAAP.
• Experience working with or reviewing third-party fund administrator deliverables is a plus.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Excellent written and verbal communication skills with the ability to interact effectively across departments.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Advanced Microsoft Excel skills; experience with fund accounting systems is preferred.

Base Salary Range

$100,000 - $130,000

The base salary range for this position is listed above. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the amounts listed here.


ATLAS SP is an equal opportunity employer. The firm and its affiliates do not discriminate in employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or because of any other criteria prohibited under controlling federal, state or local law.

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