Commodities Finance Manager

Millennium•New York, NY

11d•$160,000 - $250,000

About The Position

Millennium Management, a leading global multi-strategy hedge fund, is seeking a highly skilled and detail-oriented Commodities Manager to join our Fund Accounting team. This role is integral to ensuring the accurate accounting, reporting, and operational oversight of commodities-related investments within the firm’s diverse portfolio. The ideal candidate will possess deep expertise in commodities markets, fund accounting principles, and operational processes within a hedge fund environment.

Requirements

10+ years of experience in fund accounting, with a focus on commodities markets.
Strong understanding of commodities markets, including derivatives and physical assets.
Exceptional analytical and problem-solving abilities.
Strong communication and interpersonal skills to collaborate across teams.
Ability to work in a fast-paced, high-pressure environment with a focus on accuracy and attention to detail.
Proficiency in fund accounting systems (e.g., Geneva).
Advanced Excel skills; familiarity with data visualization tools and programming languages (e.g., Python, SQL) is a plus.

Nice To Haves

Previous experience in a hedge fund, asset management firm, or commodities trading environment is highly desirable.
CPA, CFA, or equivalent certification preferred.
Familiarity with regulatory requirements impacting hedge funds and commodities trading.

Responsibilities

Oversee the accounting and reconciliation of commodities-related transactions, including futures, options, swaps, and physical commodities.
Ensure timely and accurate preparation of monthly, and quarterly NAV calculations for commodities entities.
Collaborate with the broader accounting team to ensure compliance with internal policies and external regulatory requirements.
Work closely with trading desks, operations, and counterparties to resolve discrepancies and ensure accurate reporting.
Provide insights into market trends and their impact on portfolio valuation and risk metrics.
Identify and implement process improvements to enhance the efficiency and accuracy of commodities accounting workflows.
Leverage technology and automation tools to streamline reporting and reconciliation processes.
Ensure adherence to relevant regulatory frameworks, including GAAP, IFRS, and other applicable standards.
Prepare audit documentation and liaise with external auditors as needed.
Partner with portfolio managers, risk teams, middle office, compensation, legal and operations to provide accounting insights and support decision-making.
Act as a subject matter expert on commodities accounting within the firm.