Summary
A highly regarded alternative investment firm is seeking an Operations & Fund Accounting Associate to join its growing team. This is a rare opportunity to gain hands-on exposure across fund accounting, investment operations, financing activities, and investor relations while working closely with senior investment professionals in a collaborative environment.
Company Information:
A leading alternative investment manager focused on credit and structured finance strategies, offering employees broad exposure across investment operations, accounting, and investor relations within a dynamic and entrepreneurial environment.
Job Description:
- Own the month-end close and NAV process in coordination with the fund administrator and review NAV packages
- Manage the monthly security valuation process, including pricing reviews and resolution of valuation discrepancies
- Investigate and resolve cash, position, and P&L breaks between internal records and third-party administrators
- Maintain expense accruals, management fee calculations, incentive fee calculations, and allocation schedules
- Process and confirm trades across fixed income and structured credit products while overseeing settlement activity
- Support financing and collateral operations, including margin calls, collateral movements, and counterparty interactions
- Reconcile collateral and counterparty statements and resolve valuation or margin disputes
- Maintain account documentation and assist with service provider and counterparty relationships
- Prepare investor reporting materials, including performance updates, investor letters, and marketing tear sheets
- Respond to investor due diligence requests, questionnaires, and ad hoc information requests
- Maintain investor records, capital activity tracking, and supporting fundraising initiatives
Requirements / Qualifications:
- 2+ years of experience in Big 4 audit supporting investment fund clients, fund accounting, fund operations, or fund administration
- Strong knowledge of fund accounting, reconciliations, valuation processes, and investment operations
- Ability to manage recurring workflows independently with exceptional attention to detail
- Strong organizational and problem-solving skills
- Excellent communication skills and professionalism when interacting with internal and external stakeholders
- Interest in gaining exposure across accounting, operations, financing, and investor-facing functions
- Ability to work onsite in New York City four days per week
- Strong academic background and polished professional presentation
