Fund Accountant

Overview

• Manage accounting operations for fund-of-fund and limited-partner investment vehicles, ensuring accuracy and compliance.
• Collaborate with internal teams and external fund managers to resolve discrepancies and optimize processes.
• Prepare and review comprehensive financial statements and tax documentation to meet regulatory standards.
• Coordinate audits with external auditors and fund administrators, ensuring seamless execution.
• Develop and implement robust internal controls, policies, and procedures for operational efficiency.
• Participate in strategic projects, including system upgrades and process enhancements.
• Gain exposure to diverse finance responsibilities and cross-departmental collaboration opportunities.
• Contribute to the success of a forward-thinking investment organization committed to excellence.

Key Responsibilities & Duties

• Perform transaction booking and reconciliation across internal systems with precision.
• Coordinate with client service teams, custodians, and fund managers to resolve account discrepancies.
• Price underlying fund managers using month-end estimates and statements for accurate reporting.
• Reconcile month-end NAV reporting and address any discrepancies effectively.
• Prepare and review detailed financial statements and tax work papers for compliance.
• Coordinate year-end audit processes with external auditors and administrators.
• Enhance internal controls, policies, and procedures to drive operational improvements.
• Support special projects, including new product launches and system upgrades.

Job Requirements

• Bachelor’s degree in accounting or finance is required; CPA certification preferred.
• Minimum of 4 years’ experience in hedge fund accounting, with 6 years preferred.
• Proficiency in processing and reviewing general ledger transactions and reconciliations.
• Experience with management and incentive fee calculations is highly desirable.
• Extensive knowledge of audit processes and financial statement preparation.
• Understanding of stocks, bonds, derivatives, and private placements.
• Strong analytical and problem-solving skills in financial contexts.
• Ability to work on-site and collaborate effectively within cross-functional teams.