Senior Fund Accountant / Manager, Private Credit

Imagine if you had the skills, knowledge, and teammates to both understand the root of the world’s most pressing problems and build the technologies and companies best positioned to solve them. RA Capital has done exactly that for more than two decades, backing bold ideas in medicines to further human health and now expanding into Planetary Health to improve how efficiently we utilize the world’s precious resources.

RA Capital is among the leading providers of capital and services to the most promising innovators in the world.  We invest flexibly—seed to IPO and beyond, anywhere in the world—with $10 B+ under management and a culture that prizes curiosity, rigor, and collaborative debate. We are investors who not only fund companies but get elbow deep in building them. From helping them recruit talent to helping them recruit patients for their studies to helping match them to strategic partners and even going to Washington to win reforms, RA Capital’s large team has people with nearly every relevant expertise one might need to turn an idea into a cure that actually helps people. 

If you live for first-principles problem-solving with great colleagues, thrive on complexity, and want to do meaningful work that ripples across industries and ecosystems, you’ll feel at home at RA Capital. Here, questions are welcomed, ideas are tested, and victories are shared. Even our lawyers are creative and engaging. And don’t get us started on our compliance team’s wicked sense of humor; nothing about what we do is boring. 

Are you ready to bring your creativity, discipline and collaborative spirit to help us invent the future? Join us and you’ll collaborate daily with investors, founders, physicians, biologists, engineers, economists, and reform advocates who think in systems and act with urgency.  

Join us to invent a happier, healthier, more productive future - and have fun doing it.

 

As we expand our equity investment expertise into private credit, we are launching our first commitment-based private credit strategy fund in 2025. We are seeking a Senior Fund Accountant / Manager to join our private credit finance team, reporting directly to the Controller. This role combines dual responsibilities: supporting our commitment-based funds while taking the lead on critical financial reporting initiatives.   About the role:

• Manage month-end/quarter-end/year-end process with fund admin including fund NAV cals, PCAPs generation.
• Maintain full internal shadow coverage on JE (Enfusion), NAV & allocations (carried interests, management fee, waterfall. Calculate and verify interest and dividend income accruals, payment in kind (PIK) interests, fee interests and other investment-related income
• Coordinate investor capital account activities with admin/service providers: planning of capital calls, distributions, managing transfers
• Collaborate with IR team on investor communications & fundraising activities as needed
• Monitor loan covenant compliance; maintain documentations for loan restructuring and amendments
• Perform cash control procedures and assist in managing banking relationships
• Assist in credit-specific valuations, including valuations in complex bilateral loans & illiquid equity instruments
• Assist in regulatory reporting /SEC filings (Form PF, Form ADV, 13F, 13D/G, etc.)
• Support year-end audit effort with external auditors across interim and year-end periods; assist in tax filings (K-1 review)
• Maintain detailed tracking of portfolio performance metrics and assist in analysis and ad hoc reporting
• Participate in team projects as needed
• Candidates must be AI-forward thinkers and demonstrate a willingness to creatively experiment with ways to incorporate AI into their work to be more efficient and effective. RA Capital is looking for people who are proactive about using AI where possible, even creating concepts and tools to be more efficient and effective.

  Key Requirements:

• Bachelor’s degree required; MS education preferred; CPA a plus
• 4+ years of progressive accounting experience, with significant exposure to private credit & closed-ended funds. Big 4 experience preferred but not required. Experience at credit funds strongly preferred.
• Deep understanding of bilateral loan structures, credit documentation, and fund waterfall calculations
• Strong knowledge of fair value measurements and financial reporting for credit & illiquid investments
• Advanced Excel modeling skills, particularly in developing waterfall models and loan tracking systems
• Proficiency in major fund accounting, loan admin, investor reporting systems; experience with Enfusion, Geneva, Partners (Global Wealth Investors), Precision LMS is a plus
• Must have experie