Financial Analyst

Aquatic Capital Management • Chicago, IL

7d • $90,000 - $120,000

About The Position

Aquatic is recruiting a Financial Analyst to join its Finance team in Chicago. The role supports accounting for the management company, general partner entities, and managed funds, including tax, investor reporting, and budgeting and forecasting. The analyst will work closely with internal Finance colleagues and external fund administrators, auditors, and tax advisors. The work is hands-on, detail-oriented, and visible, providing leadership with accurate books and clear analysis as the firm grows. The Finance team is building a modern function and expects employees to use AI to work more efficiently and effectively.

Requirements

• Bachelor's degree in Accounting.
• 1–3 years of experience working in finance or accounting for a financial services or audit firm.
• Excellent written and verbal communication skills.
• Excellent organizational and time-management skills.
• Strong bias for action, accountability, and urgency.
• Curiosity and eagerness to adopt new technology, including AI, to continuously improve how work gets done.
• Collaborative approach and focus on delivering results as a team.

Nice To Haves

• Certified Public Accountant (CPA) designation.
• Experience with budgeting, forecasting, financial modeling, and FP&A processes.
• Proficiency with AI tools to improve analysis, automate recurring work, and increase productivity.
• Knowledge of management company accounting and taxes, fund accounting, and fund taxes.
• Exposure to US and international tax or international offices.
• Experience with investor reporting.
• Experience auditing hedge funds, performing hedge fund tax compliance, or working directly in a hedge fund.
• Experience with cloud-based accounting or ERP systems.
• Proficiency with Microsoft Office, Ramp, and Northern Trust Hedge Fund Services tools.
• Willingness to work in the office five days a week is preferred.

Responsibilities

• Perform month-end close for the management companies.
• Build and maintain the management company's annual budget and rolling forecasts, and prepare budget-to-actual and variance analyses.
• Review fund administrator books and investor statements, and assist with investor reporting for the funds.
• Process invoices, credit cards, and expense reimbursements through Ramp.
• Assist with regulatory reporting, the year-end fund audit, financial statements, K-1s and K-3s, 1099s, and tax filings for the funds and management company.
• Use AI tools to streamline recurring workflows, analysis, and reporting, and validate AI output using sound judgment.
• Help implement new Finance tools, including the transition to an AI-native accounting platform.
• Collaborate with Finance and Operations on ad hoc requests and projects.
• Perform other related duties as necessary or assigned.

Benefits

• Fully paid medical, dental, and vision coverage for full-time employees and dependents.
• Competitive 401(k) plan.
• Employer-paid life and disability insurance.
• Wellness programs.
• Casual dress.
• Snacks and lunch.
• Game room.
• Team and company events.
• Open environment to maximize learning and knowledge sharing.
• Generous PTO.
• Paid holidays.
• Competitive paid caregiver leaves.
• The position may be eligible for additional compensation, such as a discretionary bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level