Senior Manager

 

Sycamore Tree Capital Partners, L.P. (STCP) is a value-oriented, active asset manager focused primarily on alternative credit, including bank loans, high yield credit, structured products, stressed, distressed and special situations investing.  STCP launched at the end of 2020 and currently manages $3B+ AUM.  The firm is committed to building and maintaining a strong culture that embodies the following key principles: client focus, excellence, integrity, humility, trust, and teamwork.

Based in Dallas, the Senior Manager will play a key role supporting the CFO.  This is an exciting opportunity for the right person to be responsible for all Fund Accounting processes and deliverables, and to be involved in firm-level accounting activities.  The right candidate will be comfortable with “being in the weeds” but also have a desire to be part of building a new team.  In this role, you will collaborate closely with internal teams—Finance, Operations, Investments, Compliance, and Investor Relations—and external partners including our Fund Administrator, Audit, and Middle Office teams to optimize fund and firm reporting.  As the team grows your area of focus and role will evolve.  You are expected to be proactive, driven and methodical, and reflect Sycamore Tree’s core values.


Essential Duties & Responsibilities

The Senior Manager will have the opportunity to be involved in several aspects of the Firm’s accounting functions, including but not limited to:

Fund Accounting:

 

  • Manage the firm’s outsourced middle office provider team
  • Liaise with Auditors and Tax Preparers for Funds
  • Monthly review of NAV calculations from Fund Administrator
  • Fund and investment performance calculations and reporting
  • Ad-hoc reporting to support fundraising and investment teams

 

Management Company Accounting:

 

  • Review and processing of bill payments
  • Tracking and calculating allocation of expenses to Funds
  • Analytical review of monthly and quarterly results

 

Education, Skills & Experience

  • Bachelor’s degree, preferably in an accounting or finance related field, from an accredited four-year university
  • Deep understanding of private investment fund structures, systems and processes
  • 8-12 years of relevant experience including Audit, Tax, Fund Administration
  • At least 5 years of experience directly working for an alternative asset investment manager highly preferred
  • At least 3 years of management experience, either direct reports or offshore resources
  • CPA (or working towards one) or master’s degree in accounting is a plus
  • Strong analytical abilities with attention to detail
  • Excellent written and oral communications skills, and ability to work with others at all levels of the organization with a professional business image

 

General Requirements

  • A self-directed individual with a can-do attitude, willing to work in an energetic, collaborative and fast-paced environment, proactive in nature, and a proven ability to learn quickly, display flexibility and adaptability while resolving issues with minimal supervision
  • Flexibility regarding role profile and willingness to take on new projects and learn new skills
  • Good judgment in terms of escalating issues vs. solving problems independently
  • Comfort in dealing with ambiguity and uncertainty in a dynamic and fast-paced environment
  • Strong learning agility. Enjoys and excels in environments where there is a need to tackle and solve new and complex strategic business challenges and issues—incorporating new ideas, technologies, and approaches to business.

 

Compensation & Benefits

Sycamore Tree offers a competitive base salary plus a discretionary bonus based on defined performance criteria, encouraging alignment of interests among the firm’s investors. We also provide an attractive employee benefits package. We are an Equal Opportunity Employer.