Sr./ Associate - Fund Accounting - Private Wealth, Credit

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

Position Overview:

We are seeking a highly skilled and detail-oriented Private Credit Accountant to join out Private Wealth team. This role is critical in managing and overseeing accounting functions, valuation processes, and regulatory compliance for StepStone Private Wealth’s private credit portfolio. The ideal candidate will possess deep expertise in credit operations, financial reporting, and regulatory requirements while demonstrating exceptional organizational, analytical skills and ability to work closely with our finance and investment teams.

Essential Functions:

This hands-on, detail-oriented position will:

• Oversee valuation processes, ensuring accuracy and consistency in financial reporting.
• Conduct and oversee valuation methodology calculations for 10-Q filings and ensure alignment with regulatory requirements.
• Prepare and file 8-K and N-CSR reports, ensuring disclosure accuracy and consistency.
• Review NAV components, financial statements, close checklists, and provide oversight for Fact Card reviews.
• Manage tax accruals, dividend calculations, and compliance with regulatory requirements.
• Coordinate audit processes, board materials preparation, and operational presentations.
• Provide accounting oversight for transactions, interest, fees, and gains/losses.
• Conduct borrowing base reviews and prepare quarterly managerial assistance letters.
• Calculate and review dividends, including yield analysis, QII preparation, and 19A disclosures.
• Conduct SOX control reviews and engage in audit discussions with external advisors.
• Oversee subscription and share issuance processes to ensure compliance and accuracy.

Education and Experience Requirements:

• Must possess a four-year college degree with a major in Accounting
• CPA or CFA designation preferred
• 5+ years of experience in accounting, preferably within private credit, asset management, or financial services
• Previous experience with Investment Company Accounting and ASC 820 (FAS 157) preferred
• Previous experience with private credit investments preferred

Knowledge, Skills, and Ability Requirements:

• Strong verbal and written communication skills
• Strong Microsoft Excel experience
• Ability to multi-task and manage priorities against key deadlines

Salary Range - $100,000 - $130,000

The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint. As people are our biggest asset, we offer resources to help our employees reach their full potential. Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

*At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion. *

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

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