What are the responsibilities and job description for the Fund Accountant position at Wall Street Careers®?
COMPANY:
A growing investment management firm with over $22 billion AUM focused on hedge fund and private equity strategies. 200 employees
Location: NYC | Hybrid | WFH 2 days.
Responsibilities:
- Daily fund accounting functions related to Separately Managed Accounts
- Prepare, review, and maintain accounting records, financial statements, and tax workpapers
- Reconcile month-end Net Asset Value (NAV) reports with the fund administrator and resolve any discrepancies to ensure accurate reporting.
- Work closely with the Trade Operations group to troubleshoot and resolve issues related to cash, position, and market value reconciliation breaks
- Assist in the fund expense accrual budgeting and payment processes, ensuring timely and accurate expense processing
- Knowledge and experience with various Management and Incentive Fee terms and calculations
- Basic understanding of stocks, bonds, foreign currencies, derivatives (exchange-traded and OTC), and other complex financial instruments
Requirements:
- Degree in Accounting or Finance
- 2 years of experience in alternative investment fund accounting and reporting (e.g., hedge funds, private equity)
- CPA a
- Experience with Advent Geneva, Arcesium platform, and Duco software a plus
Salary : $125,000 - $135,000