Associate, Alternative Investments

CI Financial•Houston, TX

19h•Onsite

About The Position

At Corient, we help high- and ultra-high-net-worth individuals and families to enjoy a full life, while enabling them to preserve their wealth for future generations, and provide for the people, causes and communities they care about. We focus on exceeding expectations, simplifying lives, and establishing legacies that last for generations. We are always looking for talented and motivated individuals to join our team. If you want to work for a company that values your contributions and supports your growth, we would like to meet you. Job Summary: The Associate supports core fund accounting and partnership tax functions for private equity funds and Hedge funds. The responsibilities include maintaining accurate and GAAP‑compliant fund accounting records, coordinating and supporting annual fund audits, and assisting in the preparation of federal and state partnership tax workpapers and investor reporting packages. This position will contribute to the scalability and efficiency of fund accounting operations across regions. The Associate will collaborate closely with cross-functional teams and be actively involved in process improvement initiatives. This position reports directly to the Director of Alternative Investments.

Requirements

Bachelor’s degree in Accounting or Finance.
Minimum 4 years of hands‑on experience in fund accounting, partnership tax, or a hybrid accounting/tax role within hedge funds or private equity.
Strong understanding of fair value financial statements, private equity/hedge fund structures, and partnership allocations.
Exceptional attention to detail and ability to manage multiple priorities in a fast-paced environment.
Strong problem-solving skills and self-motivation.
Proficiency in Excel, strong written and verbal communication abilities.
Must be 18 years of age or older.
Must have unrestricted work authorization to work in the United States.
For U.S. employment opportunities, Corient hires U.S. citizens or permanent residents.
Must be willing to execute Corient’s Employee Agreement or Confidentiality and Non-Disclosure Agreement, which require, among other things, post-employment obligations relating to non-solicitation, confidentiality, and non-disclosure.

Nice To Haves

CPA or progress toward CPA.
Prior experience in public accounting, Private Equity firm, or a tax firm.

Responsibilities

Lead month‑end and quarter‑end close processes for alternative investment entities, ensuring accurate and timely preparation of fund financial statements.
Coordinate and reconcile fund and client transactions, including capital movements, trading activity, line of credit usage, and expense allocations.
Support year-end audit procedures by preparing documentation and liaising with auditors and fund administrators.
Coordinate year‑end tax processes with external tax advisors, including preparation and review of Schedule K‑1s and state/federal partnership filings.
Support annual ADV filings and regulatory reporting by providing financial data and reviewing disclosures related to alternative investment funds.
Serve as a resource to Client Advisor teams by addressing fund accounting and tax inquiries related to client investments.
Interpret and extract key information from legal documents and audited financials.
Contribute to team-wide projects aimed at improving operational efficiency and scalability.