About The Role
AlphaQuest is seeking a Controller to join our Finance team. Reporting to the CFO, you will be a key member of the finance team and will play a pivotal role in overseeing both fund and management company accounting functions. The ideal candidate will possess a strong background in both quantitative finance and accounting, with the ability to navigate the complexities of a dynamic hedge fund environment.
Duties And Responsibilities
- Serve as trusted advisor to the CFO and other senior leaders across the company on accounting and financial reporting matters, including implications of new products and other strategic initiatives
- Responsible for all aspect of fund accounting and tax – monthly closes, NAV approvals, custom fee calculations, audits, investor/regulatory reporting, K1s, tax returns, etc., for all of Quest’s funds and managed accounts
- Oversee cash and treasury management for Quest’s fund vehicles
- Work hand in hand with the Operations team to ensure smooth handoffs
- Collaborate with the Director of Finance on various aspects of management company accounting and tax with a focus on streamlining financial reporting, budgeting/forecasting, complex partner income allocations, cap table management and tax reporting
- Drive implementation of new processes and systems to automate manual activities and increase operational efficiencies for the accounting organization – significant opportunities for automation exist today
- Provide insights into financial trends and variances, supporting strategic decision-making.
- Develop and maintain management reporting tools to provide insights into operational efficiency and cost management
- Play a key role in the implementation/usage of a new accounts payable/expense allocation system
- Manage third-party tax providers and ensure accurate and timely tax filings and payments to all tax agencies
Experience
- Proven experience in the hedge fund industry with experience on both the fund and management accounting sides
- Transformational mindset and seek to turn complexity into simplicity through the implementation of more efficient and technology-enabled processes
- Experience with VBA and/or SQL is highly preferred
- Experience with QuickBooks Online is highly preferred
- Bachelor's degree in Finance, Accounting, or a related field; advanced degree (MBA, CPA, CFA) is preferred
- Demonstrated ability to think critically with a passion for continuous learning and development
- Knowledge of relevant accounting standards and regulatory requirements
- Excellent communication and collaboration skills
The base range for this role is expected to be between $150,000 and $225,000. This does not include other aspects of compensation such as discretionary bonus and a competitive comprehensive benefits package. Actual compensation offered to a candidate will vary within the range above depending on factors such as qualifications, education, and skill level.
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About The Firm
AlphaQuest is a research-driven, alternative asset management firm headquartered in New York City with $2.3 billion in assets under management, focused on delivering truly uncorrelated investment strategies at the intersection of mathematics, data science and investing. Founded in 2001 by chief investment officer Nigol Koulajian, the firm manages assets on behalf of some of the world’s largest institutional investors. Through our collaborative approach to research, our team combines our values – intellectual humility, transparent collaboration, rapid prototyping and knowledge continuity – to improve our understanding of Alpha and tail risk, in an effort to develop quantitative investment strategies that benefit from short-term expansions in volatility and crowding, as well as longer-term shifts in the market regime. We continue to research and further broaden the application of our 25+ years of experience in measuring and capturing breakouts and breakdowns across global markets – to other asset classes, factors, investment strategies, and time frames. This includes novel ways to source convexity within futures and FX, individual equities, alternative markets, and other well-established systematic investment strategies. This research evolution has taken place while remaining faithful to one of our founding principles of delivering strong absolute returns that exhibit positive skew (right-tails).
