mutual funds accountant

Randstad • Hackensack, NJ

402d • $90,376 - $90,397

About The Position

Randstad is seeking a Mutual Funds Accountant to support a financial client in Hackensack, New Jersey. This role involves providing accounting, administration, and investor servicing for hedge funds, private equity funds, and closed-end registered products. The ideal candidate should have 2-5 years of accounting experience and be proficient in mutual fund accounting practices.

Requirements

• Bachelor's degree in Accounting or related field.
• 2-5 years of experience as an Accountant, specifically in mutual fund accounting.

Nice To Haves

• Experience with cash management and reporting.
• Strong analytical thinking skills.

Responsibilities

• Calculate net asset value(s) and disseminate financial and performance information to the investment advisor and their investors.
• Act as primary fund accountant on multiple relationships, ensuring all fund accounting functions are completed in accordance with Generally Accepted Accounting Principles (GAAP).
• Record trade information, income/expense activity, and apply valuation of securities in the portfolio accounting system.
• Enter and reconcile all investor contributions and withdrawals in the partnership accounting system.
• Allocate fund level profits to individual investors for preparation and distribution of investor statements.
• Review and coordinate fund expense analysis and expense processing.
• Prepare fund financial statements, audit, and tax schedules.
• Conduct daily cash and position reconciliation as well as daily P&L/NAV deliverables.

Benefits

• Health insurance coverage
• 401K contribution
• Incentive and recognition program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Administrative and Support Services
• Education Level: Bachelor's degree