Summary
Our client is seeking a Fund Accounting Manager/ Assistant Controller to join their team!
Company Information:
Great opportunity with a multi-billion-dollar global macro / strategy Hedge Fund!
Job Description:
Oversee the monthly NAV closing process produced by the fund administrator, including but not limited to:
- Review of reconciliation of cash, trades, positions, and etc.
- Review of portfolio valuations of various investment strategies across all asset classes (Equity, Rates, FX, Credit)
- Produce and review fund level investment and non-invest accruals including passthrough expenses
- Understanding of complex special allocations and calculations
- Produce shadow investor allocations, ensure accuracy of allocations produced by fund administrator (Capital activity, various fee calculations in accordance with fee terms, trading pnl allocations, trader payout arrangements, and etc.) and ensuring timely release of investor statements.
- Review of financial statements prepared by the fund administrator, ensuring the financial statements preparation and audit process is timely and in accordance with U.S. GAAP
- Collaborate with various departments regarding tax compliance, legal documents review, establishing and sign-off of investor reports for Marketing & Investor Services, and etc.
- Enforcement of existing controls and collaborate on various projects that drives efficiency/enhancements of existing processes
Support business reporting and analytics such as:
- Financial planning and revenue modeling of various business scenarios
- Hypothetical performance modeling
- Marketing reporting requests and capital raising initiatives
Requirements / Qualifications:
• Undergraduate degree in accounting
• 7+ years of fund accounting experience
• Prior experience working at big 4 firms, auditing funds
• CPA is required
• Strong attention to detail and analytical skills
• Control mindset
