Summary
Top Performing Quant Hedge Fund in NYC is hiring a Fully Remote Accounts Payable Professional!!
Company Information:
$5B AUM Quant Hedge Fund
Fully Remote Opportunity if the employee would like
Fully Paid Benefits
Job Description:
Job Summary:
The Accounts Payable (AP) Specialist will be responsible for leading the Accounts Payable function for a global hedge fund, including both running existing processes and exploring ways to improve efficiencies and quality of processes. The AP Specialist will join a small and agile Finance team and report directly to the Firm’s Chief Financial Officer. We are looking for a smart and motivated team player who is articulate, willing to learn and excited to work collaboratively with all departments across the firm including the Operations, Risk, Legal/Compliance, Human Resources, and IT teams. This job can be done mostly remotely with attendance in office on an as needed basis.
Responsibilities:
- Responsible for Expense Allocation System and Accounts Payable function.
- Collaborate with Operations and Finance team to determine PM-Team expense allocations on a monthly, quarterly and annual basis.
- Help manage ongoing vendor relationships, onboarding new vendors and annual vendor due diligence.
- Process month-end accrual entries and expense reimbursements.
- Respond to queries from vendors, staff and any other external parties.
- Coordinate and/or prepare workpapers and supporting documentation for external auditors or other regulatory organizations.
- Understanding of various Stock Market Exchanges, dataset products and services and their utilization across multiple investment teams.
Requirements / Qualifications:
- Bachelor’s degree in Accounting, Finance, Business Administration or a related field.
- Previous experience in accounts payable, accounts receivable or general accounting is preferred.
- Experience at a multi-manager fund or a fund with a pass-through expense structure is a strong plus.
- Strong accounting background – solid understanding of debits and credits.
- Familiarity with financial software and systems used in accounts payable processes, such as accounting software (e.g., Bill, Intacct), and expense management tools is preferred.
