SPV Fund Controllership

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COMPANY OVERVIEW

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.

KKR's Dublin office provides best in class services and solutions to our internal stakeholders and clients, drive organization wide process efficiency and transformation, and reflect KKR's global culture and values of teamwork and innovation. The office contains multifunctional business capabilities and will be integral in furthering the growth and transformation of KKR.

TEAM OVERVIEW

KKR’s Finance, Tax, and Accounting team oversees the firm’s tax compliance, credit and accounting, and reporting matters to produce analytical insights that drive business decisions and long-term success. The team is responsible for designing efficient frameworks through internal and external data and reports to understand the market environment and business dynamics and implement best practices. The team also collaborates closely with KKR’s Legal and Compliance team to ensure compliance and accurate reporting and performance of our corporate tax entities related to our investment funds. The Finance, Tax, and Accounting team also functions as a support for clients, from onboarding to investor communications and overall relationship management across all asset classes, as well as responding to any ad-hoc tax-related requests.

POSITION SUMMARY

Assistant Vice President (AVP) role within SPV Controllership responsible for supporting end-to-end financial oversight of SPVs and Aggregators associated with Americas deals. The role is heavily focused on oversight of third-party administrators and works in partnership with the global SPV Controllership team to support monthly financial closes, review administrator-prepared US GAAP trial balances, and assist on debt service and distribution oversight.

ROLES & RESPONSIBILITIES

Administrator Oversight & Monthly Close

• Assist with the ongoing onboarding of SPV entities in the Americas to a Third Party Fund Administrator
• Act as a primary point of oversight for third-party administrators across Americas-based SPVs and Aggregators
• Coordinate and support monthly close processes, ensuring administrators deliver accurate and timely financial information, to support the valuation process.
• Ensure administrator data flows accurately and completely into Snowflake, including validation of mappings, completeness, and consistency with administrator-prepared trial balances and supporting schedules, to support monthly close, reporting, and control requirements
• Review administrator-prepared trial balances and supporting schedules under US GAAP, escalating issues and judgement areas as required
• Review SPV NAVs via tools such as Sigma and FloQast to review and sign-off on summarized administrator-prepared outputs
• Review impairment assessments and going concern memos prepared by administrators as part of administrator oversight, in line with relevant accounting standards, and escalate concerns as appropriate
• Review quarterly administrator KPIs and performance metrics, and hold administrators accountable to agreed service levels and deliverables in accordance with Master Services Agreements (MSAs)

Financial Control, Budgets & Cash

• Review and approve budgets at deal close to ensure SPVs are adequately funded for post-close and ongoing operating expenses
• Monitor budgets versus actuals and investigate and escalate material variances outside approved budgets
• Coordinate periodic cleardown of intercompany payables and receivables between SPVs and other KKR group entities, where applicable

Aggregators, Distributions & Holding Stack Oversight

• Support financial oversight across the full investment holding stack, including Ontario and Delaware aggregator entities
• Review and challenge distribution calculations and distribution lead sheets, ensuring consistency across the structure and alignment between Finance, Tax, and Accounting
• Liaise with KKR Deal Teams as required to support financial control matters relating to deal SPVs and aggregator entities
• Responsible for the preparation/review of certain Aggregators quarterly and annual work papers, financial statements, investor allocations, investor capital account statements

Credit Agreement Reporting Service

• Prepare/Review debt service calendars on a monthly basis, including validation of interest and principal calculations and payments
• Prepare/Review notices and payment or payment-related documents and instructions
• Prepare/Review interest election, borrowing request and account withdrawal or transfer forms
• Prepare/Review monthly/quarterly interest payment calculations in respect of interest owed by the Partnership under credit agreements
• Prepare/Review monthly/quarterly credit facility commitment fee calculations in respect of commitment fees owed by the Partnership under credit agreements
• Prepare/Review covenant calculations required under credit agreements

Governance, Audit & Compliance

• Support annual external audits and tax compliance processes by coordinating with administrators, auditors, and internal Tax teams
• Ensure audit and administrator billings are in line with agreed Engagement Letters and contractual arrangements
• Initiate and coordinate invoices with KKR Accounts Payable and review submissions prior to approval in Concur

Ad-hoc, Process Improvement & Team Collaboration

• Collaborate closely with members of the SPV Controllership team to gather, review, and validate data used for internal reporting, oversight, and control activities
• Partner with Tax, Legal, and Treasury teams to support SPV-related processes, including fundings, distributions, audits, compliance requirements, and cash movements
• Assist with ad-hoc requests and process-driven initiatives, including standardisation, efficiency improvements, and enhancement of administrator oversight processes
• Support the development and maintenance of policies and procedures relating to SPV controllership and third-party administrators

QUALIFICATIONS

• Graduate with 8+ years of experience
• ACA/ACCA/CIMA/CA qualification required
• Prior Private Equity Fund Administration or Audit experience is required
• Experience working within a financial services environment or comparable corporate environment
• Ability to establish priorities and meet deadlines in a fast-paced, high growth environment
• Team player with the ability to collaborate across Finance, IT, Operations, Tax, Legal, and Treasury
• AI-minded individual with an interest in leveraging automation, data analytics, and emerging technologies to enhance controllership and oversight processes
• Excellent Excel skills
• Proven strong system skills/ability to quickly retrieve data from various systems and combine into KPIs for management
• Ability to handle complex datasets, strong financial/analytical and problem-solving skills
• Detailed oriented with a proven track record for accuracy
• Professional demeanor and highly ethical
• A risk mind-set with the ability to identify, solve, and mitigate perceived risks
• Ability to work autonomously and as part of a team
• Experience with SAP, Power BI, and SQL is a plus
• Prior Big 4 audit experience, a plus

#LI-ONSITE

KKR is an equal opportunity employer.  Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.

KKR will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email Benefits@kkr.com. Emails sent for unrelated issues, such as following up on an application, will not receive a response.

If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access https://www.kkr.com/careers because of your disability. You can request reasonable accommodations by sending an email to Benefits@kkr.com. Only emails left for this purpose will be returned.

Massachusetts Applicants: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. This notice applies only to applicants and employees who work or will work in Massachusetts, in accordance with applicable state law.