Fund Accountant
Job Type

Title Fund Accountant

Department(s) Finance

Reports to Assistant Controller

Job Summary:


The Fund Accountant will be primarily responsible for performing the day-to-day accounting functions for several of the Firm’s 20+ fund structures, which include closed-end private investment funds and business development companies (“BDCs”).   We are seeking a candidate to join our growing team with a proven ability to work collaboratively with groups across an organization and with outside service providers to direct appropriate information flow and effectively manage reporting deadlines. This position is hybrid in Chicago, IL.

Job Responsibilities:

  • Preparation of accounting support packages and coordination with the 3rd party fund administrator for multiple entities, including operating expenses and account reconciliations
  • Perform review of monthly/quarterly trial balances prepared by the 3rd party fund administrator and identify and resolve issues
  • Coordinate the preparation and review of quarterly financial reporting and investor capital statements for the private funds
  • Assist the Controller group with annual audit coordination and assistance in the review and preparation of audited financial statements 
  • Work closely with the loan operations team and understand the impact of loan transactions on financial reporting
  • Assist in the treasury function for several funds (cash forecasting, bill payment, borrowing requests, borrowing base preparation and other debt compliance functions)
  • Assist with investor reporting and coordinate the capital call and distribution process with the 3rd party fund administrator
  • Preparation of support schedules for tax reporting and compliance 
  • Increase efficiency with the current close the books process
  • Ad-hoc internal and external reporting
  • Minimum 2 years of experience
  • Bachelor degree in Accounting/Finance, CPA is a plus
  • Experience with financial services accounting and financial reporting preferred
  • Experience with fixed income products preferred
  • Strong ability / knowledge of Microsoft Excel features preferred
  • Public accounting experience is a plus
  • Previous exposure to Wall Street Office bank loan system is a plus
  • A detail oriented self-starter who enjoys a dynamic fast-pace work environment

*Title commensurate with experience level

Monroe Capital LLC

Monroe Capital is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides senior and junior debt financing to businesses, special situation borrowers, and private equity sponsors. Investment types include unitranche financings; cash flow, asset based and enterprise value based loans; and equity co-investments. Monroe is committed to being a value-added and user-friendly partner to business owners, senior management, and private equity and independent sponsors