Director of Investment Accounting - Chicago, United States - Adams Street Partners

Description

Adams Street Partners ("Adams Street") is a global private markets investment manager that has $58 billion in assets under management. The firm is 100% employee-owned, which fosters a positive and unique culture of collaboration, intellectual rigor, integrity, and a commitment to professional development. For the sixth year in a row, Adams Street was named one of Pension & Investments' Best Places to Work in Money Management in 2023.

Employees operate as a single global team, integrating the expertise of the firm's investment professionals across five strategies: primary investments, secondary investments, growth equity, private credit, and co-investments. Adams Street is considered a private markets pioneer and was inducted into the Private Equity Hall of Fame in 2000.

The firm was founded more than 50 years ago, and clients include leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide.

Adams Street has offices in Austin, Beijing, Boston, Chicago, London, Munich, Menlo Park, New York, Seoul, Singapore, Sydney and Tokyo.

Adams Street Partners is seeking a Head of Investment Accounting - Private Credit to join the Client Operations Team. This role will report into the Head of Client Operations and will manage the Private Credit Investment Accounting Team.

Responsibilities:

• Manage the overall investment accounting and financial statement reporting process for the Adams Street private credit business
• Coordinate with third party administrators and manage the overall administrator relationship as it relates to investment accounting and financial reporting
• Manage the day to day activities and overall performance of the Private Credit Investment Accounting team
• Collaborate with various other groups throughout the organization including Middle Office, Performance Reporting and the Private Credit Investment Team to help manage the overall operational aspects of the Adams Street private credit business
• Serve as a member of the Private Credit Investment Valuation Committee and manage the overall relationship with our third party external valuation firm
• Work closely across the organization to consult on various aspects of new product and new fund launches related to the Adams Street private credit business
• Interact directly with clients to complete due diligence requests and respond to other ongoing inquiries

Requirements:

• Undergraduate degree in Finance, Accounting, or related discipline
• 15+ years of experience including significant experience in a leadership role within the finance department at a private credit manager
• Strong Microsoft Excel and PowerPoint Skills
• Experience with private credit accounting and data systems including Investran and Allvue
• Experience working with various types of private credit funds including closed end funds, CLOs and BDCs
• Experience working with private credit data maintenance and calculating performance metrics for private credit investments
• Detail oriented self-starter with the ability to work alone and in a team environment
• Strong work ethic and strong interpersonal and communication skills.