Financial Accountant, BDC Fund Accounting

Position Information

Hiring Manager:

Senior Manager

Department:

BDC Fund Accounting

Department Overview

The BDC Fund Accounting Department is responsible for the financial and investor reporting associated with Golub Capital’s Business Development Companies (“BDCs”) which includes Golub Capital BDC, Inc. (NASDAQ: GBDC), Golub Capital BDC 3, Inc., Golub Capital Direct Lending Corporation, Golub Capital Direct Lending Unlevered Corporation, and Golub Capital BDC 4, Inc. The team provides accounting and SEC reporting for the BDCs and their subsidiaries pursuant to the governing operating and investment management agreements and in accordance with United States Generally Accepted Accounting Principles. BDC Fund Accounting also provides Golub Capital’s management companies and leadership with reporting and analysis in support of existing business and new initiatives. Key responsibilities within the group include monthly closes and ongoing maintenance of each BDC’s general ledger; preparation of monthly internal management reports, preparation of quarterly financial statements on Form 10-Q or 10-K, production of quarterly investor reporting; support of annual external audits; forecasting fund performance; setup and ongoing maintenance of investor capital accounts for Golub Capital BDC 3, Inc., Golub Capital Direct Lending Corporation, Golub Capital Direct Lending Unlevered Corporation, and Golub Capital BDC 4, Inc., and coordinating I.T. system implementations while focusing on process automation. The BDC Fund Accounting Department interacts extensively with Golub Capital’s Operations, Treasury, Tax, Investor Relations, Business Development, Compliance, Technology Solutions and Valuation Teams.

Position Responsibilities 
The candidate will join the BDC Fund Accounting Team’s mission to support a growing firm, build a best-in-class, customer focused finance team and drive operational excellence. The Financial Accountant will have primary responsibility for the accounting and reporting for one or more funds and assist in the support of various other funds, new initiatives and ad-hoc requests. 

Primary duties and responsibilities include:

- Assisting in the accounting and financial reporting for the BDCs:

• Maintaining the general ledger and working with the Operations Team to optimize automated entries as well as controlling and minimizing manual entries
• Preparing the monthly and quarterly close package that is reviewed and distributed to senior management
• Preparing quarterly and annual forecasts
• Assisting the Investor Communications Team with the preparation of periodic capital calls, distributions and IRR statements
• Understanding the structure of the BDC including its subsidiaries and debt facilities
• Quarterly and annual debt compliance
• Completing SOX controls associated with month end close process and quarterly reporting
• Understanding private credit environment, trends and portfolio metrics

- Supporting BDC Financial Reporting Team in providing information and support for the Firm’s independent auditors
- Supporting BDC Financial Reporting Team in preparing quarterly reporting materials including the quarterly investor presentations
- Supporting the launch of potential new BDCs by collaborating with team members to implement and perform the close process, preparing early reporting for upper management and document execution of controls in accordance with existing framework
- Working closely with other Golub Capital Shared Services functions (Treasury, Operations, Tax, Portfolio Monitoring) as it relates to the ongoing operational and reporting needs of the BDC Fund Accounting Group
- Assisting in various ad-hoc projects and requests
 

Candidate Requirements

Qualifications & Experience:

- Bachelor’s degree or equivalent education required (Accounting or Finance preferred), CPA strongly encouraged
- 1 to 3 years of relevant experience preferably in a similar business or industry (private  equity / leveraged finance / hedge fund or similar)
- Public accounting is strongly desired and SEC experience is a plus
- Proficiency in Excel required, proficiency in PowerPoint, Wall Street Office, Workday or other general ledger packages is a strong plus
- Strong accounting skills and instincts
- Comfortable working in a fluid environment under the direction of various managers depending on the task at hand
- Strong analytical skills and ability to operationalize complex agreements and account for investments, incentive fee arrangements and partner allocations
- Ability to learn new concepts and technology quickly while seeking assistance from a strong and committed peer group
- Strong verbal and written communication skills