Basic information
Job Name:
Manager, Geneva Investment Accounting
Location:
New York/340
Line of Business:
Finance
Job Function:
Investor Services
Date:
Tuesday, February 18, 2025
Manager, Geneva Investment Accounting
The Carlyle Group
Accounting & Finance
New York, NY, USA
USD 125k-155k / year
Posted on Feb 20, 2025
Position Summary
The Credit Investment Accounting Manager will be responsible for ownership of daily operations of Global Credit portfolio accounting in newly implemented Geneva accounting system. This is a key role for us to develop our internal book of accounting data, and develop organization capabilities to improve data management, develop fund administrator controls, enhance NAV delivery, client service with reporting, and oversight of our managed services relationships responsible for day to day booking. This role will help develop a new function for the organization in a high impact role as part of our overall operating model investment. Under this role’s supervision, investment accounting organization will become business owners of our Geneva accounting platform and help develop process and automation roadmaps working with various stakeholder teams.
Responsibilities
Education & Certificates
- Bachelors degree, required.
- Bachelor's degree in Accounting/Finance, preferred.
Professional Experience
- Minimum 5+ years of overall relevant experience, required.
- Fund Accounting experience, preferred.
- Majority experience in alt. asset and credit funds preferred.
- Geneva accounting system experience, required.
- Geneva Investor Accounting experience, desired.
- Considered to be an SME who can investigate and resolve accounting issues and anomalies, provide thought leadership on complex structures and securities, and can provide guidance and support to team.
- Experience at a fund administrator servicing credit clients is a strong skill set to support this role.
- Excellent knowledge of credit funds including but not limited to products, fees, fund structures, allocations.
- Good excel knowledge, preferred.
Competencies & Attributes
- Strong critical thinking, problem solving and decision making.
- Strong managerial skills and experience managing external resources – e.g. managed services
- Excellent written and verbal communication skills.
Qualifications
Key responsibilities will include:
- Working with the VP of Investment Accounting to build out investment accounting team
- Ensuring all day to day investment accounting is performed within Geneva accounting system – bookings, reconciliations, reporting, etc.
- Working with internal stakeholders to book activity and resolve breaks
- Assisting with researching internal differences between the accounting and trade entry systems
- Performing month-end close processes and establish best practices for closed and effective accounting
- Posting and maintenance of accounting entries to ledger, working with internal stakeholders to produce internal NAV in Geneva
- Working with various products in a global credit portfolio that will scale in position size and complexity – including bank loans, private credit instruments, structured credit products
- Support any new technology rollouts that are related to the investment accounting function
Benefits/Compensation
The compensation range for this role is specific to New York City and takes into account a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications.
The anticipated base salary range for this role is $125,000 to $155,000.
In addition to the base salary, the hired professional will enjoy a comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance.
Company Information
The Carlyle Group (NASDAQ: CG) is a global investment firm with $441 billion of assets under management and more than half of the AUM managed by women, across 636 investment vehicles as of December 31, 2024. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world's largest and most successful investment firms, with more than 2,300 professionals operating in 29 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 believe that a wide spectrum of experiences and viewpoints drives performance and success. Our CEO, Harvey Schwartz, has stated that, "To build better businesses and create value for all of our stakeholders, we are focused on assembling leadership teams with the strongest insights from a range of perspectives." We strive to foster an environment where ideas are openly shared and valued. By bringing together teams with varied expertise and approaches, we enjoy a competitive advantage and create a stronger foundation for long-term success.