Financial Analyst

Aquatic Capital Management•Chicago, IL

About The Position

Aquatic is hiring 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 Finance, the fund administrator, 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 faster and smarter. The position handles month-end close for management companies; annual budgeting, rolling forecasts, and variance analysis; review of fund administrator books and investor statements; investor reporting; invoice, credit card, and expense reimbursement processing through Ramp; and support for regulatory reporting, audits, financial statements, tax schedules, and tax filings. The analyst will also use AI tools to streamline workflows and reporting, help implement Finance tools including an AI-native accounting platform, and support ad hoc requests and projects. Working in the office five days a week is preferred. The anticipated base salary is $90,000–$120,000. The position may also be eligible for discretionary bonus compensation, which can be a significant portion of total compensation. Actual compensation depends on factors including skills, qualifications, and relevant experience.

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 financial planning and analysis (FP&A) processes.
Proficiency with AI tools to improve analysis, automate recurring work, and increase productivity.
Knowledge of management company accounting, management company taxes, fund accounting, and fund taxes.
Exposure to US and international tax or international offices.
Experience with investor reporting.
Experience auditing hedge funds, doing tax compliance for hedge funds, and/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 (Administrator) tools.

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, year-end fund audits, 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, while validating AI output with sound judgment.
Help implement new tools across Finance, 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 insurance for employees and dependents.
Competitive 401k 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.
Potential discretionary bonus; bonus can be a significant portion of total compensation.