COMPANY:
A growing investment management firm with over $25 billion+ AUM focused on hedge fund and private equity strategies. 200+ employees
Location: NYC | Hybrid |WFH 3 days.
Title: Hedge Fund Accountant
Responsibilities:
- Daily Hedge Fund accounting functions 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 processing
- 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
- 1+ years of experience in alternative investment fund accounting and reporting (e.g., hedge funds)
- Experience with Advent Geneva, Arcesium platform, and Duco software a plus
