The Company: Growing NYC based Multi-strategy Hedge fund with over $5B of AUM
Job Title: Assistant Controller
Responsibilities:
- Maintain fund accounting records across capital activity, credit facilities, and investment transactions.
- Research and apply appropriate accounting treatment; oversee reconciliations and shadow books.
- Review monthly NAVs, investor statements, capital calls/distributions, expense allocations, and K-1s.
- Support investment monitoring, performance analysis, and fund-level financial modeling (fees, allocations, IRR).
- Manage year-end audits and review fund financial statements.
- Coordinate with tax advisors and support the launch of new funds and SPVs.
- Assist with monthly investment valuations alongside the investment team and third-party specialists.
- Support the management company's accounting, budgeting, audits, and tax compliance.
- Respond to investor, counterparty, and internal inquiries, including due diligence requests.
- Provide senior management with performance updates, projections, and key fund insights.
- Drive process improvements, technology adoption, and ad-hoc strategic initiatives.
Requirements:
- Bachelor’s or advanced degree in accounting or related field.
- 3–5+ years of experience in alternative investments (credit, special situations) or public accounting.
- Strong knowledge of investment company accounting, financial reporting, and credit products.
- Advanced Excel skills; experience with automation tools (VBA, Python, SQL, AI) a plus.
- CPA preferred
- Highly analytical, detail-oriented, and organized with strong problem-solving skills.
