Job Opportunity
Sr. Fund Accountant
Confidential | Chicago, IL
Job Summary
Prestigious hedge fund firm. Focus on daily and monthly accounting and reporting for the hedge fund and provide assistance in the support of various other funds, new initiatives and ad hoc requests as capacity and needs warrant. Undergraduate degree in accounting. Meaningful relevant experience working on hedge funds.
Details
Our client a prestigious hedge fund firm is entering a rapid growth cycle. Dynamic, entrepreneurial environment that offers incredible opportunities for upward mobility. Incredible benefits include tuition reimbursement and generous year end bonuses.
Job Description:
The Hedge Fund Senior Fund Accountant is a new position within the Fund Accounting department and will focus on daily and monthly accounting and reporting for the hedge fund and provide assistance in the support of various other funds, new initiatives and ad hoc requests as capacity and needs warrant.
Primary duties and responsibilities include:
- Assist in the accounting and reporting for firm’s credit opportunity hedge fund, ensure processes are consistent with specific partnership agreements.
- Collaborate with hedge fund administrator to ensure accuracy of daily and monthly accounting and reporting.
- Maintain full shadow accounting books and records through the use of the general ledger and collaboration with the operations group for automated entries as well as posting of manual entries.
- Prepare and maintain supporting schedules for partners’ capital allocations including complex incentive fee reallocations.
- Support the Hedge Fund Traders with daily information to execute trades and ensure settlement of trades.
- Assist in providing timely, accurate and meaningful fund and risk reporting and analysis to Hedge Fund and leadership.
- Assist with the preparation of the year-end financial statements and provide information and support for the Firm’s independent auditors and assisting in the analysis and implementation of new accounting pronouncements, as needed.
- Assist in various ad hoc projects and requests arising from the CIO, Traders and Controller.
- Help the Fund Accounting team drive operational efficiencies and strong ownership of internal controls throughout all processes.
Qualifications:
The successful candidate will possess the following:
- Undergraduate degree in accounting.
- CPA strongly encouraged.
- Meaningful relevant experience working on hedge funds; public accounting background in financial services is helpful but not required.
- High skill level in Excel a must, proficiency in Solomon, FRX, Wall Street Office or similar packages is a strong plus.
Click here for details on this job
- Job Reference #: US_EN_8_22812_37174772
- Min Education: BA/BS