Private Fund Accountant at Global Investment Management Firm

Accounting
Midtown, NYC
May 13, 2025
$75,000 - $95,000
Full Time
Apply Now

Apply for this job

Upload CV (doc, docx, pdf)

  • Job Description

Global, solidly established, investment manager looking for an experienced, finance and/or accounting professional to join its Private Fund Accounting Department as a Private Fund Accountant. This crucial department oversees a wide range of hedge funds structured in various legal entity types such as master/feeder and stand-alone funds. Our team is responsible for ensuring the accuracy of NAV reporting by the third-party administrator, annual audited financial statements, performance and expense figures, and various periodic reporting.

In this role, you will collaborate with portfolio managers, operations, fund administrators, and auditors to support accounting and reporting functions with exposure to global fund structures.

Hybrid role with Three (3) Days in the Office and Two (2) Days Remote/Virtual.

REQUIREMENTS AND SKILLS

  • Bachelor’s Degree in Accounting or Finance preferred; or Another Related Field required
  • Two to Five (2-5) years of Experience in Hedge Fund Accounting or Related Fund Accounting required
  • Strong understanding of Accounting Theory, Fund Accounting, and Financial Reporting required
  • Strong proficiency in MS Excel required
  • Effectively prioritize and manage workload in a fast-paced environment, ensuring timely completion of tasks and maintaining accuracy under tight deadlines
  • Excellent written and oral communication skills
  • Proven ability to work collaboratively in a team, with confidence, as well as independently with a strong attention to detail

RESPONSIBILITIES AND DUTIES

  • Review of the administrators’ monthly hedge fund NAV packages to ensure accuracy and compliance
  • Review annual audited financial statements and financial highlights including all related footnotes and disclosures for compliance with accounting standards and regulatory requirements
  • Provide support to independent audit firms during audit and tax annual cycles
  • Assist with regulatory reporting and filings (e.g. Forms N-PORT, PF, AIFMD, and CPO) and overseeing tax reporting items
  • Analyze/review monthly capital activity including fees (performance, incentive, and management), expense rebates, and rates of return
  • Processing and tracking fund expenses for payment and reviewing expense accruals
  • Respond to ad hoc requests from Portfolio Management, Finance, Investor Relations, and other teams
  • Manage cross-functional relationships between internal and external stakeholders including portfolio managers, operations, fund administrators, tax preparers and auditors
  • Identify and present opportunities for process improvement and enhanced controls to leadership

Related Jobs