Private Credit Controller
The Role
We are looking for a Financial Controller to support our Private Credit Business and broader Alternatives strategy.
We’ll trust you to:
- Work with the Head of Global Fund Finance to design and implement financial and operational best practices for private credit funds and business development companies (BDCs) in order to support the growth and evolution of the platform
- Oversee the preparation of the private credit fund and BDC financial statements, including quarterly financial statements (10-Ks, 10-Qs, 8-Ks), capital account statements, marketing letters, performance reporting, capital calls, and distribution notices
- Perform management and incentive calculations, expense accruals, budgeting and forecasting
- Review partnership fund accounting reconciliations, capital account statements, financial statements, etc. for separate accounts and esoteric strategies
- Work closely with private credit teams to understand new and complex investments
- Work closely with third party vendor partners including accounting agents and pricing vendors, facility providers, etc.
- Effectively liaise with other investment professionals, legal and compliance, business development, and operations to ensure proper controls are in place to support current and future business
- Serves as the key point of contact for auditors and tax accountants
- Assist to generate and coordinate other corporate deliverables such as forecasts and management reporting
You'll need to have:
- Bachelor’s degree
- BDC accounting experience preferred
- 8-15+ years of Private Credit or Private Equity experience
- CPA required
- Big 4 accounting firm experience preferred
Why Lord Abbett?
Lord Abbett is a leading global independent, privately held investment management company. We are active managers and invest where we believe we have a repeatable edge and can deliver alpha for our clients. Our vision is to be the most respected asset manager in the world, admired for our people, our performance, our relationships, and our organizational agility. This inspires the three pillars of our culture.
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- Principles-Based - We empower our leaders to create an environment of trust.
- Performance-Oriented - We inspire our people to embody our values, excellence, responsibility, transparency & collaboration.
- Purpose-Driven - We instill a passion for always putting our clients' interests first.
We have been ranked #1 in Barron’s Best Fund Families for 2024 and have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments for five consecutive years.
Compensation Information: Annual base salary for this role is $210,000 - $220,000. Salary is estimated for this role. Actual pay may be different.
Discretionary Bonus: Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance.
Benefits: Lord Abbett is committed to offering a competitive total rewards package to all eligible employees. Offerings include competitive total compensation, retirement plans, competitive health and well-being plans. To learn more about what we offer, please visit Careers | Lord Abbett
Lord Abbett is an equal employment opportunity employer. We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law. All employment decisions at Lord Abbett are based solely on the applicant’s relevant experience, skills and qualifications.
Important notice to Search Firms - Please Read Carefully
Without prior written agreement, Lord Abbett does not accept unsolicited submissions from employment agencies, search firms, placement services, or any similar provider (“Search Firms”) for employment opportunities. All candidates submitted by Search Firms to any employee or partner at our company without a written Search Firm agreement in place will be deemed the sole property of our company. In such circumstances, no fee, commission, or other compensation will be paid to such Search Firm in the event a candidate is hired by our company. To the extent a Search Firm has a written agreement in place, all introductions are position specific and should be directed to HR or the hiring manager, so we kindly request no unsolicited phone calls or emails.
Perks and Benefits
Health and Wellness
Parental Benefits
Work Flexibility
Office Life and Perks
Vacation and Time Off
Financial and Retirement
Professional Development
Diversity and Inclusion