Manager, Fund Administration (Private Credit)

Our mission is to unlock the full potential of private markets. Privately owned assets like commercial real estate, private equity, and venture capital make up half of our financial ecosystem yet remain inaccessible to most people. We are digitizing these markets, and as a result, bringing efficiency, transparency, and access to one of the most productive corners of our financial ecosystem. If you care about making the world a better place by making markets work better through technology – all while contributing as a member of a values-driven organization – we want to hear from you. 

Juniper Square offers employees a variety of ways to work, ranging from a fully remote experience to working full-time in one of our physical offices. We invest heavily in digital-first operations, allowing our teams to collaborate effectively across 27 U.S. states, 2 Canadian Provinces, India, Luxembourg, and England. We also have physical offices in San Francisco, New York City, Mumbai and Bangalore for employees who prefer to work in an office some or all of the time.

This is a great opportunity to join a growing initiative as we continue to evolve and scale Juniper Square’s fund administration service, filling a substantial market gap in the fund administration space. The service has had a huge impact across the business as it relates to workflow automation, leveraging technology to deliver up-to-par customer experience, and enabling GPs to strengthen relationships with LPs.

As a Manager, Fund Admin, you will oversee deliverables focusing on fund administration services, including fund accounting and reporting, to Juniper Square’s customers, with a specific focus on our Private Credit clients. This role will report to a Senior Director, Fund Administration and will manage a team of Fund Accountants at various levels. You will have a significant opportunity to help shape the trajectory of the function and in so doing help to deliver a best-in-class experience to our customers.

• Lead making strategic decisions regarding team buildout and operational policies and procedures

• Lead efforts in developing and improving fund administration workflows, applying best practices and process efficiencies

• Identify product development opportunities, routing technical, product feedback to the product development teams

• Hire, train and manage a team of fund accountants

• Interface directly with clients to deliver an outstanding client experience

• Serve as a technical accounting expert and key advisor on significant business/accounting decisions for the team

• Review and perform accounting, analytical, & financial reporting duties ensuring client and investor activity reporting is prepared and completed appropriately

• Oversee and review the accounting for complex credit fund transactions, including loan originations, paydowns, amendments, restructurings, and the calculation of interest income (e.g., cash and PIK).

• Review investor allocations used to generate investor statements, waterfall calculations (including preferred return and carry), management fee calculations, capital calls and distributions in accordance with clients’ Limited Partnership Agreements, asset and fund level performance metrics and external client and financial reporting

• Oversee annual audits including review of the initial draft of the annual audit report and related schedules and disclosures; assist with PBC(Prepared By Client) list and tax returns

• Research and provide guidance in interpreting the impact of recent accounting developments

• 7+ years of fund accounting and administration experience, with a significant focus on Private Credit / Debt funds, is required. (Experience with private equity, venture capital, and/or real estate funds is a plus).

• 3+ years of people management experience (hiring, building teams, performance management, coaching, career development)

• Bachelor’s degree in Accounting or a related field

• Comfortable with ambiguity within a hyper-growth, startup environment

• Experience with fund-level accounting and reporting including complex fund structures and consolidations

• Advanced understanding of complex accounting transactions, private equity investment structures, and reporting requirements for private equity funds

• Advanced knowledge of waterfall, performance metrics (IRRs), distributions and capital calls calculations

• Passion for technology and a desire to use technology to improve business operations

• Experience scoping out system requirements and implementing new systems

At Juniper Square, we believe building a diverse workforce and an inclusive culture makes us a better company. If you think this job sounds like a fit, we encourage you to apply even if you don’t meet all the qualifications.

Compensation for this position includes a base salary, equity, and a variety of benefits. The base salary for this role is $140,000-160,000 USD. Actual base salaries will be based on candidate-specific factors, including experience, skillset, and location, and local minimum pay requirements as applicable.

Benefits include:

• Health, dental, and vision care for you and your family

• Life insurance

• Mental wellness coverage

• Fertility and growing family support

• Unlimited vacation in addition to company paid holidays

• Paid family leave, medical leave, and bereavement leave policies

• Retirement saving plans

• Allowance to customize your work and technology setup at home

• Annual professional development stipend

Your recruiter can provide additional details about compensation and benefits.

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