Fund Accounting Manager
- Department: Credit Division (Public & Private)
- Location: Batangas, Philippines (Remote)
- Min. Yrs. of Experience7+ years
- November 12, 2025
- Reports To: President – Piedmont Credit Services Division
- Employment Type: Full-Time
Ian Asvakovith
About Piedmont
Founded in 2005, Piedmont is an award-winning, global fund administrator providing customized solutions to private equity, venture capital, private credit, hedge fund, and institutional investors. Headquartered in the Washington, D.C. metro area with offices in Florida, Kuala Lumpur, and Manila, Piedmont is recognized for its innovation, precision, and commitment to redefining the standards of fund administration through technology and trusted partnership.
As a 100% employee-owned firm, Piedmont takes pride in building a culture of excellence, accountability, and continuous innovation. Our proprietary technology platform, Opera, powers our clients’ operational workflows – from digital onboarding to capital call automation – delivering a seamless and differentiated experience that elevates both fund managers and investors.
As a 100% employee-owned firm, Piedmont takes pride in building a culture of excellence, accountability, and continuous innovation. Our proprietary technology platform, Opera, powers our clients’ operational workflows – from digital onboarding to capital call automation – delivering a seamless and differentiated experience that elevates both fund managers and investors.
Job Description
We are expanding our alternative investment service platform with a new business unit dedicated to Credit Fund Administration, including public and private credit as well as off the run investments. We are seeking an experienced Fund Accounting Manager with strong knowledge of loan administration, credit investments, and fund operations to join our growing team.
This individual will be responsible for overseeing the daily accounting, reporting, and operational processes for private credit and direct lending funds. The role requires a hands-on leader with a deep understanding of investment structures, credit and distressed credit investments, loan servicing workflows, and valuation methodologies, as well as experience managing a team and interacting directly with clients.
This individual will be responsible for overseeing the daily accounting, reporting, and operational processes for private credit and direct lending funds. The role requires a hands-on leader with a deep understanding of investment structures, credit and distressed credit investments, loan servicing workflows, and valuation methodologies, as well as experience managing a team and interacting directly with clients.
Key Responsibilities
Fund & Loan Administration
- Oversee daily accounting operations for private credit and direct lending funds, including loan closing and loan administration (interest accruals, paydowns, and borrowings).
- Review and reconcile loan activity, cash transactions, and investment-level data across portfolio and accounting systems.
- Coordinate loan servicing functions, including borrower communications, payment tracking, covenant monitoring, and waterfall calculations.
- Support setup and maintenance of loan terms, borrower data, and payment schedules within the fund accounting and loan administration systems.
Financial Reporting
- Prepare and review quarterly and annual financial statements in accordance with U.S. GAAP (and IFRS where applicable).
- Manage capital account allocations, performance calculations, and partner-level reporting.
- Ensure timely delivery of NAV packages, management fee calculations, and investor statements.
- Collaborate with auditors, tax advisors, and internal compliance teams during audits and annual filings.
Client & Team Management
- Serve as primary contact for assigned clients—providing guidance, resolving inquiries, and ensuring service excellence.
- Supervise, train, and mentor fund accountants and analysts on private credit workflows and system usage.
- Partner with technology and operations teams to improve process automation, data integrity, and reporting efficiency.
Process Development
- Contribute to the design of scalable processes and controls to support a growing portfolio of credit funds.
- Assist in evaluating and implementing loan administration and fund accounting systems.
- Develop and maintain standard operating procedures (SOPs) and best practices for private credit administration.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field; CPA or CFA preferred.
- 7+ years of experience in fund accounting, loan administration, or credit fund operations—preferably within a fund administrator, asset manager, or accounting firm.
- Strong understanding of private credit instruments (senior loans, mezzanine debt, term loans, bank loans, etc.) and loan servicing mechanics.
- Familiarity with partnership accounting and fund structures (LP/GP, waterfall distribution models).
- Proficiency with accounting and loan systems.
- Exceptional attention to detail, analytical skills, and client-service mindset.
- Demonstrated leadership and mentoring abilities in a fast-paced, high-growth environment.
Why Join Us
- Be part of a new business unit built on the foundation of an award-winning fund administration firm with 20 years of excellence.
- Collaborate with a technology-driven, client-focused team redefining standards in private credit administration.
- Growth opportunity within an employee-owned firm that values innovation, integrity, and partnership.
- Be part of a start-up unit inside the organization and have the ability to work directly with a renowned industry veteran.
Compensation & Benefits
- At Piedmont, we recognize that our success begins with our people. Your well-being and development matter deeply to us, which is why we offer a range of benefits, learning opportunities, and flexible work arrangements to help you grow your career while maintaining personal balance.
- We take pride in fostering a diverse and inclusive workplace where individuals from all backgrounds are empowered to contribute their perspectives and ideas. Our culture of collaboration, respect, and continuous improvement drives our shared mission: To redefine excellence in fund administration through people, process, and technology.