Dartmouth Partners
COMPANY OVERVIEW:
A small Private Credit Fund in New York City with $200M of AUM (the Company)
spread across multiple segments is rapidly growing and is looking to hire a Vice President of Finance. One segment of the company provides Merchant Cash Advances with AUM of $75M through two entities and has a credit facility in the amount of $20M which requires a weekly borrowing base. The second segment of the company provides Bridge Loans against Real Estate collateral with AUM of $125M through three entities and two separate credit facilities totaling
$125M with each facility requiring a monthly borrowing base. The third segment of the company is a Title Company where, currently, title work is only performed for related parties but this segment could grow in the near future. The fourth segment of the company provides loans to Private Companies who are looking to go public in the near future and are currently in the IPO stage. There are two additional credit facilities in the works for an additional $20M of leverage.
The segments are managed by one main management company, where operating expenses are processed and allocated out to the various affiliates and a second management company with very minimal activity.
JOB DESPCRIPTION:
The Company is looking for a Fund Accountant to oversee the accounting, finance, treasury and audit for all of its funds and management companies. The role will oversee an outsourced fund administrator who performs all the book keeping in QuickBooks and whose quality of work is excellent. This role will be the fourth member of the accounting and finance department. The role will report directly to the CFO who will provide valuable mentorship and experience in accounting and financial services. The role requires 5 days in the midtown NYC
office.
POSITION REQUIREMENTS:
Bachelor’s degree in accounting
Minimum 2 years experience, private or public, in the Financial Services industry
Strong Fund Accounting skills
Knowledge of Microsoft Office (PowerPoint, Word, Outlook, Excel)
Knowledge of QuickBooks
Very strong knowledge of Excel, including VLOOP, SUMIF, SUMIFS, COUNTIF,
COUNIFS and PIVOT TABLES
Professional level of communication and organizational skills
Self-starter with a roll-up-your-sleeves attitude
Private credit fund experience, a plus
Credit facility borrowing base experience, a plus
CPA, a plus
