[Remote] Fractional Chief Financial Officer — Credit Funds

Note: The job is a remote job and is open to candidates in USA. Arootah is a talent solutions firm focused on the alternative investment industry, seeking experienced Chief Financial Officers with a deep credit background to join their advisor network. The role involves providing strategic, project-based leadership across financial operations, reporting, controls, and business planning for credit-focused hedge funds and alternative managers.

Responsibilities

• Building and optimizing finance infrastructure across alternative investment firms, with the ability to scale a credit manager through a growth phase (e.g., from $1B toward $5B in AUM)
• Overseeing fund accounting, management company accounting, budgeting, forecasting, and cash management
• Auditing the finance and operations function and improving processes using reasonable tech tools and automation
• Reducing manual, spreadsheet-driven work and the associated key-person risk, while preserving the documentation and auditability required for investors and for the SEC
• Supporting accelerated and more frequent reporting cycles—for example, a seven-business-day close and weekly investor reporting driven by large institutional allocations
• Improving data integrity from the order management system into the fund administrator
• Enhancing financial reporting, internal controls, and operational transparency
• Managing audits, tax coordination, and external service provider relationships, including fund administrators
• Supporting institutional readiness, investor reporting, and financial governance initiatives
• Advising on systems, automation, and vendor selection with a pragmatic, appropriately skeptical view of AI—where it genuinely helps versus where it introduces risk, with governance, guardrails, and data security front of mind
• Partnering with founders, COOs, CIOs, and senior leadership on strategic planning and growth initiatives

Skills

• Deep credit background—a must-have—including restructurings, corporate actions, and special situations / distressed
• Intimate, hands-on knowledge of Bloomberg AIM as the order management system and book of record—often the single most critical technical requirement
• Understanding of the operational complexity when a security ticker or CUSIP attached to a bond goes into restructuring and turns into something else through a corporate action
• Very hands-on knowledge of derivative instruments, including swaps, forwards, cleared products, and credit derivatives (e.g., credit default swaps / CDX); derivatives are a primary source of operational pain
• Experience building and scaling finance and operations platforms through the kind of growth these firms are targeting
• Experience working with fund administrators on a complex, multi-asset credit strategy, and improving the firm-to-administrator data pipeline and reconciliation process
• Prior experience as a Chief Financial Officer, Head of Finance, Controller, or equivalent senior finance leadership role within a credit-focused hedge fund, private equity firm, or family office
• Deep understanding of fund structures, investment operations, and financial infrastructure
• Proven track record of building scalable finance functions and improving operational processes
• A senior, hands-on operator able to roll up sleeves at the spreadsheet and data level as well as advise on structure and strategy, and to have an intelligent, practical conversation about a firm's specific situation from day one
• Strong leadership, communication, and stakeholder management skills, with the judgment and humility not to oversell AI or any single tool as a magic fix
• Ability to operate both strategically and hands-on in dynamic environments
• Emerging markets experience (e.g., hard-currency EM debt) and comfort with a multi-asset, multi-strategy book
• Familiarity with bank loans within a credit portfolio
• Familiarity with portfolio reporting / reconciliation automation tools (e.g., Lightkeeper) and realistic expectations for implementation effort and benefit
• Practical experience using AI tools with appropriate caution

Benefits

• Alt-industry-only engagements with hedge funds, private equity firms, and family offices
• Project-based work that fits around existing commitments
• Client origination and engagement management handled by Arootah; advisors focus on delivery

Company Overview