Operations Associate

New York, New York • $90,000 – $120,000

About the Company:

Boutique Investment Manager in NYC with approximately $5Bn AUM and less than 50 employees total is seeking a Public/Private 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.

The Operations team is currently four people and is responsible for Operations, Fund Accounting & Investor Relations.  This is a great way for a Fund Accountant to get into an encompassing role!

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:

  • Minimum of 3 years’ accounting experience with a foundation in public accounting
  • Bachelor’s Degree in Accounting
  • CPA a Must
  • Strong knowledge of financial statistics, ratios, calculations and performance concepts
  • Strong Excel skills
  • Ability to communicate clearly, concisely and confidently in written and verbal communications

Compensation and Benefits:

  • $90,000 – $120,000 plus bonus
  • Competitive benefit program

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