Credit Accountant

Petra Funds Group is a single source provider for the fund administration and fund infrastructure needs of Private Equity and Debt Funds. At Petra, we enable fund managers to focus on the tasks that add the most value to their businesses and leave the rest to us.

Petra is made up of highly experienced professionals across the US and Europe. In a business where accuracy and timeliness are paramount, having a deep bench who have spent years working inside of asset managers is what truly differentiates us.

Our foundation is built on trust, experience, and uncompromising accuracy. Our people are experts. We work collaboratively. We are relentless in our process and put attention to detail first.

About The Role:

Our Client is seeking a Credit Accountant to play a key role in the day-to-day accounting, quarterly close, and investor reporting processes for the firm’s rapidly expanding credit platform. This role offers meaningful exposure to fund performance and portfolio activity, including how underlying investment activity and portfolio company performance drive fund-level results, and will interface regularly with the Investment, Investor Relations, Legal, Tax, Treasury and Operations teams. This position also provides the opportunity to lead process improvements and implement workflow automation using enterprise AI tools to enhance efficiency and scalability across the platform.

What You Will Do:

• Support and execute the quarterly close and investor reporting cycle, including preparation of gross and net return metrics
• Prepare allocation files and notices for capital calls and distributions
• Validate expense allocation to the funds and reimbursements to the management company
• Review quarterly management fee files, capital account and financial statements, as prepared by TPA
• Support TPA with requests for settlement info, agent bank notices, etc.
• Coordinate with loan administrator for missing support
• Assist with and respond to ad hoc requests from LPs, IR and investment team
• Own the request list for external fund audits
• Coordinate completion of LP auditor audit confirmations with TPA
• Post all applicable reporting to the investor portal
• Track investor transfers and maintain contact information in the investor portal
• Drive continuous improvement initiatives across reporting, reconciliation, and data management processes using enterprise-licensed AI tools (e.g., ChatGPT, Claude, Copilot)
• Work directly with the Investment, Operations, Legal, Management Company, Tax, and Treasury teams

What You’ll Need:

• Bachelor's degree in Accounting, Finance, Economics, or related field
• 2-4 years of relevant experience with a leading public accounting firm, fund administrator or investment advisor, preferably with exposure to private credit, private equity, or closed-end fund structures
• CPA strongly preferred
• Demonstrated interest in leveraging technology and AI tools (e.g., ChatGPT, Claude, Copilot) to improve workflows
• Knowledge of credit products, closed-end funds, subscription facilities and asset-backed leverage preferred
• Advanced knowledge of Microsoft Excel and other Microsoft Office products
• Strong analytical and problem-solving abilities, attention to detail, and ability to work with complex financial data
• Excellent written and verbal communication skills
• Self-starter that is motivated to succeed and eager to learn
• Strong commitment to maintaining confidentiality and ethical standards.

Salary Range

At Petra Funds Group, we are committed to transparency and equity in our hiring practices. The compensation range for this position is $82,000 - $123,000 per year. This range represents the base salary only. Actual pay will depend on factors such as qualifications, experience, and skills.

How We Care 

We believe people do their best work when they feel supported — personally and professionally. That’s why we offer a comprehensive benefits package that reflects our commitment to your well-being. Our perks include: 

• 90% covered medical, dental, and vision insurance premiums to help you stay healthy without financial strain.
• Fully funded Health Savings Account (HSA) employer contributions up to the IRS maximum — available to employees enrolled in our high-deductible health plan. *
• 401(k) employer match at 100% of your contributions up to 5% of compensation, with immediate vesting, so you start building long-term savings right away.
• Flexible paid time off to recharge, travel, or take care of what matters most.
• Generous holiday calendar to ensure you have time to rest, reflect, and celebrate throughout the year.  
• Hybrid work environment that offers flexibility and supports work-life balance. 

*Funded amount is prorated for new hires. 

What We’re Proud Of 

We’re proud of many milestones, but we’re especially honored by the recognition we’ve received for our workplace experience: 

• Certified Great Place to Work®, based on direct feedback from our employees about trust and overall culture. 
• Fortune Best Medium Workplaces™ and Best Financial Services & Insurance Workplaces™, highlighting our commitment to building an environment where people thrive.