Fund Accounting Account Manager (Pacific/Mountain Time)
About The Position
As a member of the Fund Accounting team, this position is responsible for the following: Record and reconcile all portfolio and fund activity for assigned clients. Calculate the fund’s NAV adhering to industry standards and internal procedures. Allocate profit and loss to investors including the calculation of management and performance fees. Process and record fund expense payments and ensure cash wire requests are completed accurately and timely. Generate and deliver fund and investor reports to fund managers and investors of assigned clients. Prepare and deliver supporting materials as necessary for board meetings, financial statements and audit and regulatory requests related to assigned clients. Communication with internal and external entities to ensure best in class service levels; build relationships of cooperation. Review fund’s net asset value (NAV), investor statements and other work prepared by accountants for completeness and accuracy measuring against industry standards and internal procedures. Mentor, train, and support fund accountants. Assure fund accounting tasks are completed accurately and timely. To support close collaboration with distributed teams and clients across the U.S., this role operates primarily within Mountain and Pacific Time business hours. We are particularly interested in candidates based in those regions or with experience working across distributed teams in these time zones.
Requirements
- Three or more years of experience in fund accounting for hedge funds
- Comfortable and proficient acting as a primary liaison with fund managers and other fund service providers
- Must be able to learn complicated concepts quickly
- Proficiency with Microsoft Office is essential, advanced Excel (formulas, pivot tables, and filtering) are a must.
Nice To Haves
- Familiarity with the types of investments held by hedge funds
- Experience working with portfolio and investor accounting systems, in particular Advent Geneva World Investor
- Experience working in an environment with internal control procedures, operating procedures, workflows, control checklists, and other elements of an internal control system
- Experience with financial reporting, information security and client, vendor, and risk management
Responsibilities
- Record and reconcile all portfolio and fund activity for assigned clients
- Calculate the fund’s NAV adhering to industry standards and internal procedures
- Allocate profit and loss to investors including the calculation of management and performance fees
- Process and record fund expense payments and ensure cash wire requests are completed accurately and timely
- Generate and deliver fund and investor reports to fund managers and investors of assigned clients
- Prepare and deliver supporting materials as necessary for board meetings, financial statements and audit and regulatory requests related to assigned clients
- Communication with internal and external entities to ensure best in class service levels; build relationships of cooperation
- Review fund’s net asset value (NAV), investor statements and other work prepared by accountants for completeness and accuracy measuring against industry standards and internal procedures
- Mentor, train, and support fund accountants
- Assure fund accounting tasks are completed accurately and timely
Benefits
- Remote work flexibility
- Competitive pay and benefits
- Opportunity for promotion
- Fully paid community service days
- Health & coverage: medical (including HSA options), dental, and vision plans
- Financial protection: company-paid life insurance and AD&D, with additional voluntary coverage options including short- and long-term disability
- Retirement & financial support: 401(k) with employer match and immediate vesting
- Student loan repayment support
- Tax-advantaged accounts: HSA and flexible spending accounts (medical and dependent care)
- Time off & flexibility: paid time off and holidays aligned with the NYSE market calendar
- Additional programs: EAP, commuter benefits with employer contribution, employee referral program, and optional insurance coverage (critical illness, accident, hospital)
- Community engagement: dedicated paid time to support causes and organizations meaningful to you
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
