Summary
A global alternative investment firm is seeking a highly motivated Assistant Controller to join its multi-strategy hedge fund team in New York City. This role provides hands-on exposure to complex investment products and fund operations, with opportunities to identify and drive process improvements in a fast-paced, dynamic environment.
Company Information:
A multi-strategy investment platform with a global presence, managing diversified absolute-return funds across arbitrage, systematic, and relative value strategies. The firm emphasizes disciplined investment processes, operational excellence, and a collaborative culture that values innovation and continuous improvement.
Job Description:
- Support the Controller and CFO in enhancing accounting processes and operational workflows
- Review and validate daily fund P&L reports; identify discrepancies and implement process improvements
- Assist with monthly NAV calculations and investor allocations in coordination with administrators
- Deep understanding of capital allocations, incentive calculations, and hurdle rates for multiple share classes
- Prepare and analyze weekly performance estimates for internal consistency
- Manage and support annual fund financial statement audits
- Assist with regulatory filings, including Form 13F, Form PF, and CPO-PQR
- Perform marketing calculations such as attribution, correlation, and other relevant metrics
- Lead process improvements and utilize technology tools to streamline workflows
Requirements / Qualifications:
- 4+ years of experience in fund accounting or alternative investment operations; mix of public and private accounting experience preferred
- CPA designation strongly preferred
- Strong understanding of NAV, month-end valuation, regulatory filings, and investor allocations
- Exposure to a range of investment products, including equities, fixed income, derivatives, and asset-backed securities
- Advanced Excel skills (macros, pivot tables, formulas) and familiarity with MS Office; experience with Python, Power BI, Power Automate, or generative AI tools a plus
- Experience documenting processes and implementing workflow improvements
- Highly organized, detail-oriented, self-motivated, and team-oriented
- 3–4 days per week in the office, with flexibility depending on business needs
