Fund Accountant

Wall Street Careers • Full-time • New York, New York, United States • 4w ago

COMPANY:

A growing investment management firm with over $22 billion+ AUM focused on hedge fund and private equity strategies. 200+ employees

Location: NYC | Hybrid |WFH 3 days.

Title: Fund Accountant

Responsibilities:

Daily accounting functions related to SMA accounts (Separately Managed Accounts), ensuring accurate financial reporting and compliance
Prepare, review, and maintain accounting records, financial statements, and tax workpapers
Reconcile month-end Net Asset Value (NAV) reports with the fund administrator and resolve any discrepancies to ensure accurate reporting.
Upload and reconcile transactions across various systems, ensuring data consistency and accuracy
Work closely with the Trade Operations group to troubleshoot and resolve issues related to cash, position, and market value reconciliation breaks
Assist in the fund expense accrual budgeting and payment processes, ensuring timely and accurate expense processin
Develop, monitor, and improve internal controls, policies, and procedures to ensure operational efficiency, compliance, and best practices
Knowledge and experience with various Management and Incentive Fee terms and calculations
Basic understanding of stocks, bonds, foreign currencies, derivatives (exchange-traded and OTC), and other complex financial instruments

Requirements:

Degree in Accounting or Finance
2+ years of experience in alternative investment fund accounting and reporting (e.g., hedge funds, private equity)
CPA a +
Experience with Advent Geneva, Arcesium platform, and Duco software a plus