The Role

About Lord Abbett:

Founded in 1929, Lord Abbett is an independent firm with a singular focus on the management of money. Over the course of our history, we’ve earned a sterling reputation for our leadership, influence, and innovation in the asset management industry. Today, our independent perspective, our commitment to active management, and our intelligent product design continue to make us relevant to individual and institutional investors.

From the very beginning, we’ve recognized that our people are our greatest asset. As an investment-led, investor-focused firm, we value intellectual curiosity, teamwork, and collaboration across the organization.

We’re looking for people with a keen interest in working for a trusted leader in the asset management industry, a desire to expand their knowledge, and a passion for delivering a client experience that exceeds expectations.

Now that you know our history, are you ready to be part of our future?

Job Overview:

We are looking for a Financial Controller to support our newly established Private Credit Business.

We’ll trust you to:

• Work with the Head of Global Fund Finance to design and implement financial and operational best practices for private credit funds and business development companies (BDCs) in order to support the growth and evolution of the platform
• Own and coordinate the financial reporting production calendar to meet corporate and investor deadlines and identify ways to further streamline the third party accounting agents
• Oversee the preparation of the private credit fund and BDC financial statements, including quarterly financial statements (10-Ks, 10-Qs, 8-Ks), capital account statements, marketing letters, performance reporting, capital calls, and distribution notices
• Perform management and incentive calculations, expense accruals, budgeting and forecasting
• Work closely with our private credit team to develop new investment products with a particular focus on the firm’s operating platform to support these investments
• Work closely with private credit teams to understand new and complex investments
• Work closely with third party vendor partners including accounting agents and pricing vendors, facility providers, etc.
• Assist with the fair valuation process working closely with private credit teams to develop fair value pricing models and ensure proper model calibrations
• Effectively liaise with other investment professionals, legal and compliance, business development, and operations to ensure proper controls are in place to support current and future business
• Serves as the key point of contact for auditors and tax accountants
• Assist to generate and coordinate other corporate deliverables such as forecasts and management reporting
• Present to the firm’s Pricing & Valuation Council, Audit Committees and Boards of Directors on accounting and/or valuation matters

You'll need to have:

• BDC accounting experience essential
• 8-15+ years of Private Credit or Private Equity experience
• Bachelor's degree
• CPA required
• Big 4 accounting firm experience preferred

• Ability to multitask
• Excellent communication skills
• Strong interpersonal skills
• Highly organized

Why Lord Abbett?

Lord Abbett is a leading global independent, privately held investment management company. We are active managers and invest where we believe we have a repeatable edge and can deliver alpha for our clients. Our vision is to be the most respected asset manager in the world, admired for our people, our performance, our relationships, and our organizational agility. This inspires the three pillars of our culture.

• Principles-Led : We empower our leaders to create an environment of trust.
• Performance-Oriented: We inspire our people to embody our values, excellence, responsibility, transparency & collaboration.
• Purpose-Driven: We embrace our mission, securing a sustainable future for our clients, our people, and our world.

We are honored to have earned recognition as one of the Best Places to Work in Money Management by Pensions & Investments and scored 100% on the Human Rights Campaign’s Corporate Equality Index, a measure of LGBTQ+ workplace equality.

Compensation Information: Annual base salary for this role is $200,000 - $250,000. Salary is estimated for this role. Actual pay may be different.

Discretionary Bonus: Role may be eligible to receive an annual discretionary bonus. Discretionary bonuses are determined by several factors including, but not limited to, firm, team, and individual performance.

Benefits: Lord Abbett is committed to offering a competitive total rewards package to all eligible employees. Offerings include competitive total compensation, retirement plans, competitive health and well-being plans. To learn more about what we offer, please visit Careers | Lord Abbett

Lord Abbett is an equal employment opportunity employer. We are committed to providing equal employment opportunities to all qualified individuals without regard to the following legally protected characteristics: race, color, religion, sex, pregnancy, national origin, age, physical or mental disability, marital status, sexual orientation, sexual identity, caregiver status, military/veteran status, or any other characteristic protected by local, state or federal law. All employment decisions at Lord Abbett are based solely on the applicant’s relevant experience, skills and qualifications.