Fund Accountant

Overview

• Join a leading financial services firm as a Fund Accountant, contributing to the administration and accounting of investment vehicles.
• Participate in special projects, including new product launches, system upgrades, and process improvements, enhancing operational efficiency.
• Collaborate with cross-functional teams to troubleshoot reconciliation issues and ensure accurate financial reporting.
• Develop and implement internal controls, policies, and procedures to maintain compliance and operational excellence.
• Gain exposure to diverse financial instruments and investment strategies, including hedge funds and private equity.
• Work in a hybrid environment, combining remote flexibility with on-site collaboration for optimal productivity.
• Contribute to a values-driven organization committed to attracting and retaining exceptional talent.

Key Responsibilities & Duties

• Manage accounting and administration for Separately Managed Account (SMA) vehicles, ensuring accurate financial records.
• Prepare and review accounting records, financial statements, and tax work papers to ensure compliance.
• Reconcile month-end NAV reporting from fund administrators, addressing discrepancies effectively.
• Coordinate with Trade Operations to resolve cash, position, and market value reconciliation breaks.
• Assist in fund expense accrual budgeting and payment processes, maintaining financial accuracy.
• Develop and enhance internal controls, policies, and procedures to optimize operational efficiency.
• Collaborate with internal and external stakeholders to ensure seamless financial operations.

Job Requirements

• Bachelor’s degree in accounting or finance is required; CPA certification is preferred.
• 1-4 years of experience in alternative investment fund accounting, particularly within hedge funds or fund administration.
• Proficiency in general ledger entries, transaction processing, and audit preparation.
• Familiarity with stocks, bonds, derivatives, and other complex financial instruments.
• Experience with accounting systems like Advent Geneva, Arcesium, and Duco is advantageous.
• Strong communication, interpersonal, and time management skills with attention to detail.
• Technical proficiency in Excel and adeptness in various accounting systems.