What are the responsibilities and job description for the Hedge Fund Accountant position at Mindlance?
Title: Sr Fund Accounting Analyst
Duration: 6 months (possible extension/conversion)
Location: Jersey City, NJ (Hybrid)
Business description:
- The industry-leading alternative investments platform within Wealth Management has over $20 billion in AUM. The group identifies best-in-class underlying private equity, real estate, and hedge fund investment management firms and products. Client capital is invested either directly into the underlying fund products or via managed feeder and co-investment vehicles.
Responsibilities include, but are not limited to:
- Work with third party fund administrators, auditors.
- Review and sign off on capital calls/distributions, monthly/quarterly NAV packages, accrual/fee calculations, and annual financial statements, which are prepared by the fund administrators and audited by big 4 audit firms.
- Research and resolve fund accounting, financial, and other issues that may arise.
- Liaise with business partners including product management and client service groups and provide performance reports and answer questions as they arise.
- Analyze fund organization documents; understand revenue implications for Investment
- Manage cash across portfolios; prepare cash forecasting and budgeting reports.
- The individual will help to ensure financial reporting and Year End 2024 audits for all Feeder Funds on the platform are done in a timely, accurate and efficient manner.
Qualifications:
- 4 years of fund accounting or public accounting with a focus on Alternative investments (Private Equity or Hedge Funds). Experience with a big 4 audit firm, auditing Private Equity and Hedge Fund vehicles is a plus.
“Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of – Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.”
Salary : $55 - $60
