Fund Accountant
New York, New York • $90,000-$145,000
About the Company:
Our client is an investment management firm specializing in global equity investments and event-driven investment strategies. The firm focuses primarily on the healthcare and consumer sectors, utilizing a long/short investment approach to identify opportunities across public markets.
Responsibilities:
- Perform daily and monthly reconciliations of trades, cash balances, and investment positions, investigating and resolving discrepancies across internal records and external counterparties
- Review NAV packages, investor allocations, management and performance fee calculations, and capital activity to ensure accuracy and consistency with fund records and governing documents.
- Support month-end fund accounting close including preparation of monthly trial balances, review of general ledger activity, and calculation of investor allocations
- Assist with trade booking and settlement processes, monitoring outstanding trades, investigating settlement discrepancies, and following up on failed trades to ensure timely resolution
- Maintain accurate fund accounting records and supporting documentation while assisting with ongoing operational controls and reporting requirements
Requirements:
- Bachelor’s degree in accounting or finance
- 3-6 years of relevant experience in hedge fund accounting or fund administration
- CPA preferred
- Strong technical knowledge of long/short equity strategies, fund structures, and partnership accounting
- Prior experience working with a fund administrator
- Advanced Excel skills and comfort with accounting/reporting systems
Salary Range:
$90,000-$145,000
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