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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