Operations Associate
New York, New York • $90,000 – $120,000
About the Company:
Our client is a boutique investment manager in NYC with approximately $5 billion in AUM is hiring a Fund Accountant to sit on the operations team. The firm has been around for over fifteen years and has built/managed global, multi-strategy hedge-fund portfolios and related vehicles.
Responsibilities:
- Maintain internal books and records for the funds of hedge funds, managed account platform, and direct trading vehicles
- Review the fund administrator’s monthly net asset value calculations by reconciling cash balances, investment positions, payables and receivables, and capital activity
- Monitor daily trading and margin reporting provided by the fund administrator, prime brokers, and trading counterparties
- Assist with various operations and treasury processes, including daily cash management and FX hedging
- Prepare various weekly, monthly, and quarterly investor reports
- Respond to ad hoc investor data requests and day-to-day investor inquiries
- Assist with preparing fund audited financial statements and annual tax filings
- Represent operations to other groups throughout the firm, such as the Investment Committee and Compliance, on topics ranging from liquidity to fund formation to regulatory filings
Requirements:
- Bachelor’s degree in accounting
- 3 years accounting experience with a foundation in public accounting
- CPA required
- Strong knowledge of financial statistics, ratios, calculations, and performance concepts
- Strong Excel skills
Salary Range:
$90,000 – $120,000
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