Fund Accounting Account Manager 12–8 p.m. EST / Part-Time Option

Stone Coast Fund Services•Portland, ME

3d•Remote

About The Position

As a member of the Fund Accounting team, the Fund Accounting Account Manager handles accounting and reporting for assigned hedge fund clients. The role records and reconciles portfolio and fund activity, calculates fund NAV and investor allocations, processes expenses and cash wire requests, and delivers reports and supporting materials to fund managers, investors, boards, auditors, and regulators. The position also reviews work prepared by fund accountants and mentors, trains, and supports them. The role may be structured as full-time, working approximately 12:00 p.m.–8:00 p.m. EST, or as a part-time opportunity for candidates based in Maine. Fully remote full-time work is considered for residents of specified states. The expected salary range is $70,000–$105,000, with eligibility for a discretionary bonus based on individual and company performance.

Requirements

Three or more years of experience in fund accounting for hedge funds.
Comfort and proficiency acting as a primary liaison with fund managers and other fund service providers.
Ability to learn complicated concepts quickly.
Proficiency with Microsoft Office.
Advanced Excel skills, including formulas, pivot tables, and filtering.
Four-year college degree, preferably in Accounting, Finance, Business Management, or Economics.

Nice To Haves

Familiarity with the types of investments held by hedge funds.
Experience with portfolio and investor accounting systems, particularly Advent Geneva World Investor.
Experience working 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 portfolio and fund activity for assigned clients.
Calculate fund net asset value (NAV) according to industry standards and internal procedures.
Allocate profit and loss to investors, including calculating management and performance fees.
Process and record fund expense payments and ensure cash wire requests are completed accurately and on time.
Generate and deliver fund and investor reports to fund managers and investors of assigned clients.
Prepare and deliver supporting materials for board meetings, financial statements, audits, and regulatory requests related to assigned clients.
Communicate with internal and external entities to support high service levels and build cooperative relationships.
Review fund NAV, investor statements, and other work prepared by accountants for completeness and accuracy against industry standards and internal procedures.
Mentor, train, and support fund accountants.
Ensure fund accounting tasks are completed accurately and on time.

Benefits

Medical coverage, including HSA options.
Dental and vision plans.
Company-paid life insurance and AD&D, with additional voluntary coverage options including short- and long-term disability.
401(k) with employer match and immediate vesting.
Student loan repayment support.
HSA and flexible spending accounts for medical and dependent care.
Paid time off and holidays aligned with the NYSE market calendar.
Employee assistance program (EAP).
Commuter benefits with employer contribution.
Employee referral program.
Optional critical illness, accident, and hospital insurance coverage.
Dedicated paid time to support causes and organizations meaningful to employees.
Remote work flexibility.
Discretionary bonus based on individual and company performance.