Employer Summary:
Octagon Credit Investors, LLC is a $32 billion asset manager specializing in broadly syndicated loans and high yield bonds (i.e., liquid credit), structured credit (CLO debt and equity), multi-asset credit, and direct lending strategies. Over our 30+ year history, Octagon has developed a rigorous investment process based on fundamental credit analysis, relative value positioning, and active risk management to generate attractive risk-adjusted returns for investors. Octagon counts major financial institutions, insurance companies, and pension funds around the globe among our largest investors. Through our various investment platforms, we seek to provide investors with differentiated access to the US below investment grade corporate credit and private credit markets. Octagon is majority-owned by Conning, a leading global investment management firm with a long history of serving the insurance industry. Octagon and Conning are part of Generali Investments, an ecosystem of asset management firms operating in more than 20 countries, offering distinctive strategies and expert insights to help investors achieve long-term performance. Generali Investments is the asset management arm of the Generali Group, one of the world's largest insurance and asset management groups. Currently comprising approximately 100 employees, Octagon strives to foster a team-based culture built upon communication, trust, accountability, and dedication to client partnership. Octagon believes that providing a challenging and rewarding career, combined with a supportive work environment, incents employees to remain at the firm. We also embrace the principles of diversity, equity, and inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued.
Position Summary:
The Vice President of Accounting is responsible for all aspects of compliance, reporting, and monitoring for Octagon’s growing Investment Funds platform. We are looking for a professional with 10+ years of experience at an investment adviser or related financial services firm. Working knowledge and experience with Collateralized Loan Obligation (“CLO”) accounting is a plus. The position will work independently, and in conjunction, with members of the Accounting Team and report to a Managing Director while taking on an integral role in helping to manage and contribute to Octagon’s success.
Essential Duties and Responsibilities:- Analyze Fund/Separately Managed Accounts (“SMA”) governing documents and ensure proper set up of reporting and structures
- Work with custodians and administrators to reconcile data and investigate discrepancies
- Prepare and review management and incentive fee calculations for assigned Funds/SMAsReview and sign off on monthly NAVs for assigned FundsWork with Investor Relations department to prepare investor reporting packages (monthly/ quarterly)
- Manage and coordinate annual Financial Reporting and audits for assigned FundsManage, coordinate, and review annual Tax Reporting for assigned Funds, including investor K-1sAnswer questions pertaining to Fund information and performance to both internal and external stakeholders
- Support the development of technology-based solutions designed to improve internal recordkeeping, monitoring, and reporting capabilities
- Proactively take on ad hoc projects and provide support for new business initiatives, as needed
- Areas of Knowledge, Skills, and Abilities/Qualifications:
- Bachelor’s degree with 10+ years of relevant experience with Investment Funds Reporting
- Understanding of CLO mechanics and documentation a plus
- Working knowledge of WSO software platform a plus
- Strong proficiency in Microsoft Excel and Word
- Excellent written and oral communication skills, strong analytical skills, and exemplary attention to detail
- Ability to multi‐task, be proactive, work independently, and work effectively under pressure (often under deadlines and changing priorities)
- Comfortable interacting and building relationships with all teams (including senior management) across the firm and affiliated organizations
- Highly motivated, proactive team player with a positive attitude
- Outstanding reputation of professional integrity and maturity
- Ability to clearly articulate views and supporting data
Compensation and Benefits:- Competitive salary and eligibility for year-end performance-based bonus
- Medical, dental, vision, life, and disability insurance
- Commuter benefits 401(k) matching program
- Employee Assistance Program (“EAP”)Professional designation and licensure assistance
- Family support and leaves of absence
Note:
Please note that Octagon does not sponsor work visas or immigration-related employment benefits. We encourage all individual applications; please, no recruiters or agencies.
