Job Opportunity

Specialist – Financial Reporting

Bracebridge Capital | Boston, MA

Job Summary

$10B+ leading hedge fund. Prepare annual, quarterly and interim financial statements and footnotes in accordance with US generally accepted accounting principals. Undergraduate or post-graduate degree in Accounting. 1+ years of related experience within financial services.

Details

We are currently looking to hire a Financial Reporting and Valuation Specialist to join our Financial Reporting team. In this role, you will work closely with other team members, third-party administrators, and outside auditors to ensure the accuracy and timely delivery of audited and unaudited financial statements for the Bracebridge funds, including both domestic and offshore master-feeder fund structures.

Primary Responsibilities may include:

• Prepare annual, quarterly and interim financial statements and footnotes in accordance with U.S. generally accepted accounting principals.
• Prepare and/or review in-house and third-party administrator monthly/quarterly accounting reconciliations and perform analysis to verify the accuracy of the accounting records.
• Prepare annual audit deliverables and review required formal communications.
• Incorporate consolidation accounting into certain reporting deliverables.
• Research new accounting guidance and incorporate qualitative and quantitative disclosures into financial stmts.
• Assist in preparation/review of various other sets of financial statements, including management company entities, Luxembourg SarLs, and defined contribution benefit plan(s).
• Prepare regulatory reporting for SEC, CFTC/NFA and CIMA.
• Assist in the monthly valuation processing (including ASC 820), such as.
• organize pricing data and other inputs to in-house valuation systems.
• coordinate pricing correspondence with third-party administrator and external counterparties, reconcile pricing deliverables from third-party administrator to in-house results, and assist with vendor price challenges.
• review and analyze customized reports from valuation data tables, to be used by the Valuation Committee.
• Prepare and review reports for investors and respond to investor audit inquiries.
• Assess and evaluate reporting processes and systems to ensure they are efficient and effective. Work with internal technical resources to enhance existing processes and develop new systems as required.
• Additional responsibilities may include researching and implementing operational improvements, ad-hoc analysis and special project work.

Desired Skills and Experience

Requirements:

• Undergraduate or post-graduate degree in Accounting.
• 1-2 years of related experience within financial services; hedge funds or private equity experience a plus.
• CPA or working towards CPA certification.
• Knowledge of fixed income securities (including bond amortization), derivatives and complex financial instruments.
• Highly proficient in Microsoft Excel; knowledge of Total Return and/or Geneva accounting systems is a plus.
• Strong analytical and organizational skills.
• Strong communication and interpersonal skills in order to work with a diverse group of internal and external resources, in a challenging, fast-paced setting.

About this company

Bracebridge Capital, LLC is a leading hedge fund managing over $10 billion in net assets. The firm pursues an investment strategy primarily within the global fixed income markets with the objectives of capital preservation and absolute return without significant correlation to equity, interest rate and foreign exchange markets. Bracebridge trades a wide range of securities and derivatives. Established in 1994, Bracebridge has a record of strong growth and solid investment performance. Approximately 100 employees operate from our office located in Boston’s historic Back Bay. The entrepreneurial culture and small-firm environment at Bracebridge rewards and supports motivated, collaborative, enthusiastic and results-oriented individuals. We believe our firm’s greatest asset is the people who work here.

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• Job Reference #: 76645424
• Min Education: BA/BS
• Min Experience: 1 years