Summary
$150,000 Base Salary + Bonus – Top Performing Hedge Fund in NYC is seeking an FP&A / Expense Management Professional!
Company Information:
$40B AUM Hedge Fund
3 Days in / 2 Remote
Fully Paid Benefits
Excellent PTO
Job Description:
The successful candidate will be responsible for accurately and efficiently managing/tracking expenses recorded in our expense management systems, as well as ensuring the firm’s expense budget is effectively managed in conjunction with our management company finance team. From analyzing expense trends to identifying cost-saving opportunities, your skills will contribute to financial transparency and improve our bottom line. You will possess strong organizational skills, attention to detail, and analytical skills to spur innovation.
In this role, you will:
• Manage and track the vendor and contract creation/maintenance process to ensure all data points are accurate, follow our best practice standards, and reflect the current terms.
• Manage and track that all expenses are recorded promptly, ensuring accuracy and adherence to company policies and procedures.
• Ensure expense records are up-to-date and accurate, including invoices and supporting documentation.
• Monitor budgeting activities and provide regular updates on expenses to management.
• Generate comprehensive reports on expenses and budgeting, providing insights and recommendations.
• Analyze existing expense policies and procedures, identifying improvements and suggesting changes.
• Stay updated on industry best practices and research emerging trends in expense management.
• Collaborate with other departments and vendors to ensure accurate and timely payment processing.
• Provide support and guidance to other departments on expense management-related matters.
• Identify areas of potential cost savings and propose strategies to optimize expense management.
• Develop and maintain strong relationships with vendors, negotiating favorable terms and resolving issues.
• Ensure all contract renewals are either completed or cancelled within the prescribed deadline dates ensuring nothing is lapsed.
Requirements / Qualifications:
- Bachelor’s degree in accounting or a related field, preferably for an Asset Manager or Hedge Fund.
- Minimum of 3 years of experience in expense management or a similar role.
- Excellent organizational and time management skills, with the ability to handle multiple tasks and meet deadlines.
- Strong analytical skills to identify improvement opportunities and to design innovative solutions.
- Proficiency in Microsoft Office Suite, particularly Excel, for tracking and analyzing expenses.
- Ability to work both independently and collaboratively as part of a team.
- Excellent written and verbal communication skills, with the ability to effectively convey complex information.
