Fund Accountant

Our client is seeking a Fund Accountant to join their Accounting team who will report to the Director of Accounting. This individual will be responsible for handling the following tasks for a designated set of private and/or hedge funds and related entities:

RESPONSIBILITIES:

• Regularly monitor cash reconciliations/breaks prepared by the third party middle office function, review portfolio activity and resolve breaks with fund expenses and capital activity for designated funds.
• Monitor, analyze, and reconcile accounting data produced by the third party administrator (i.e. monthly/quarterly/yearly/ad-hoc deliverables such as NAV packs, investor allocation, investor statements, financial statements, risk reporting, notices of capital activities, budgeting, etc.).
• Initial review of monthly/quarterly NAV packages (including management and incentive fees), which are finally approved by the Director of Accounting and CFO.
• Gather and reconcile accounting data for regulatory compliance filings to fund reporting records for designated funds (for example, Form PF, Form PQR, AIFMD – Annex 4, etc.).
• Support the Director of Accounting and Investor Relations teams by preparing regular performance reporting as well as ad-hoc investor requests including, but not limited to, investor performance summaries, capital activity summaries, etc.
• Support audit and tax reporting process for designated funds.
• Frequently communicate with various internal departments as well as the third party middle office and administrator, including but not limited to, various firm-wide reporting such as AUM aggregation, management fee collections, etc.

QUALIFICATIONS:

• High attention to detail and accuracy, with the ability to multi-task and work in a fast-paced environment is required
• Self-motivated with the ability to maintain an organized and appropriately prioritized workload, managing both recurring and ad hoc deadlines
• Superior analytical skills with the ability to engage in critical thought, continuously striving for process improvement and enhancement
• Outstanding communication skills – written and verbal
• Advanced computer MS Office skills, (in particular Excel)
• Industry experience in private equity funds, hedge funds, and familiarity with financial instruments preferred
• BS degree in finance or accounting is required; CPA is a plus
• 1-2 years of relevant accounting experience