Position Summary:
Vista Credit Partners (VCP), the credit investment platform of Vista Equity Partners, is seeking to hire a finance professional to assist in the day-to-day management and oversight of related accounting and financial reporting requirements pertaining to VCPs Private Funds. This role will be part of the VCP Finance team, reporting directly to the Finance Director of VCP.
In order to be successful in Vistas dynamic and fast paced environment, the right candidate is an individual with a deep understanding of fund accounting, investment operations, and financial systems. Given the growth stage of the credit product line, this is a unique opportunity to learn all facets of the credit business and grow with the firm. Additionally, the role will have exposure to other areas of a growing private equity firm through frequent interaction with investment professionals, the compliance and investor relation teams.
This role is based in San Francisco, CA, New York, NY or Austin, TX and is for an immediate start.
Responsibilities:
- Lead the continuous development of processes and procedures related to accounting, financial reporting, and operational analysis for the credit funds, aiming to enhance effectiveness, efficiency, and accuracy.
- Manage the build out of monitoring controls over accounting & operational deliverables, including the review of all monthly, quarterly and annual fund accounting packages, including annual GAAP financial statements and footnote disclosures across multiple fund structures as well as ad-hoc and recurring investment team requests.
- Take charge of relationships and processes with third-party partners such as auditors, fund administrators, and custodian banks.
- Oversee the accurate calculation and tracking of limited partner capital balance reporting, including management fees, performance fees, capital contributions, and distributions.
- Manage the quarterly expense process and review of partnership expenses in-line with the governing documents.
- Maintain a comprehensive understanding of funding sources to determine liquidity needs for pipeline and deal flow requirements.
- Spearhead new fund and product launches, including thorough understanding of fund structures and jurisdictions, and coordination with internal and external stakeholders.
- Responsible for the initial setup & ongoing monitoring and review of the portfolio of investments asset attributes. Work with operations team and counterparties to confirm asset transactions & updates to portfolio data.
- Liaise with the investor relations team to complete requests for existing and prospective investors, including ad-hoc reporting in coherence with side letter requirements, detailed performance calculations, and operational due diligence walkthroughs.
- Review and completion of various regulatory deliverables including Form PF and Form ADV.
Qualifications:
- BS/BA degree in business or related field.
- Big 4 experience is a plus.
- 7+ years of relevant professional experience including public accounting, fund accounting, and investment operations experience in the fixed income or alternative asset management space, including closed-end and/or open-ended structures. Credit, Venture Debt, or Private Equity experience is preferred.
- Strong finance, accounting, and investment operations skills, including system/technology skills and proficient to excellent in Microsoft Office Suite (Outlook, Word, Excel, and PowerPoint) experience. Experience in data aggregation and presentation applications is a plus (Snowflake, PowerBI).
- Experience in working with Fund Administrators and Bank Loan Administrators is preferred.
- Detail oriented, and a self-starter able to work in a fast-paced environment.
- Strong interpersonal, written, and verbal communication skills.
- Excellent organizational skills and ability to multi-task
- Strong problem-solving and analytical skills
- Strong teamwork skills and able to coordinate across multiple business functions.
The annualized base pay range for this role is expected to be between $200,000-$250,000. Actual base pay could vary based on factors including but not limited to experience, subject matter expertise, geographic location where work will be performed and the applicant's skill set. The base pay is just one component of the total compensation package for employees. Other reward may include an annual cash bonus and a comprehensive benefits package.
Company Overview:
Vista is a leading global investment firm that exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vistas investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. Vista believes the transformative power of technology is the key to an even better future a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity. Further information is available at vistaequitypartners.com. Follow Vista on LinkedIn, @Vista Equity Partners, and on X, @Vista_Equity.