Fund Accountant

Parallax Volatility Advisers, LP•San Francisco, CA

5h•$100,000 - $120,000•Hybrid

About The Position

We are seeking a detail-oriented and motivated Fund Accountant to join our growing hedge fund team. The ideal candidate should have a strong interest in data automation, tax, or partnership accounting. Specific Responsibilities include: • Review fund administrator work, including NAV packages, investor allocations, and supporting schedules, and investigate/resolve discrepancies • Reconcile cash, positions, P&L and broker statements • Assist with management company accounting, including expense allocations and intercompany transactions • Support year-end audit review processes • Process, review, and reconcile vendor wire payments, ensuring proper authorization and documentation • Identify opportunities to improve processes and implement automation solutions where applicable • Support tax reporting processes, including K-1 review and coordination with external tax preparers

Requirements

Bachelor’s degree
2–5 years of experience in fund accounting, public accounting, tax, data analyst or a similar role
Experience with hedge funds, private equity, or partnership structures is a plus
Familiarity with tax or partnership accounting concepts preferred
Experience with data automation tools (e.g., VBA, Python, SQL or similar) is preferred
Strong analytical, organizational, and problem-solving skills
High attention to detail and ability to manage multiple priorities in a fast-paced environment
Must be a U.S citizen or authorized to work in the U.S on a permanent basis
Willingness to work market hours (~7:00am-3:00pm)
High proficiency in Excel
Familiarity with Bloomberg

Nice To Haves

Knowledge of hedge fund and hedge fund trading products (options, futures, stocks, swaps) preferred
Demonstrated interest in improving workflows through technology and automation
Experience with partnership tax matters
Experience working with large datasets
Familiarity with GAAP, journal entries principles and FASB
Familiarity with OTC trading and settlement is a plus
Ability to quickly learn and apply new software
High attention to detail
Strong analytical and problem-solving skills
Highly organized and good at time management and prioritization in order to excel in a fast- paced environment with multiple deadlines
Strong communication skills

Responsibilities

Review fund administrator work, including NAV packages, investor allocations, and supporting schedules, and investigate/resolve discrepancies
Reconcile cash, positions, P&L and broker statements
Assist with management company accounting, including expense allocations and intercompany transactions
Support year-end audit review processes
Process, review, and reconcile vendor wire payments, ensuring proper authorization and documentation
Identify opportunities to improve processes and implement automation solutions where applicable
Support tax reporting processes, including K-1 review and coordination with external tax preparers