Hedge Fund Accountant

  • location: New York, NY
  • type: Contract
  • salary: $65 - $73 per hour
easy apply

job description

Hedge Fund Accountant

job summary:
Hedge Fund Accountant - New York, NY

  • These are 2 contract positions expected to last four months.
  • Our long time client is a Fortune 500 American Financial Services and Banking Holding Company with offices in Kansas City, MO. With a focus on continuing to add bright talent into the organization, there are always opportunities to grow your career and learn new practices and technology from this global company.
  • Publicly traded with over 2 Trillion in assets under management, revenue over 10 Billion and 35,000 employees globally. Our client is one of the leading US Banks on the list of oldest banks in continuous operation.
Hedge Fund Accountant - Job Duties:

Candidate should have 5+ years of hedge fund and investor allocation experience. Ideal candidate will have at least one of the following:

  • Thorough knowledge of multi-class/series Master/Feeder investor allocations. Familiarity with allocating P&L on a general ledger account basis, validating various methodologies in management and incentive fee calculations. Ability to follow an Excel allocation schedule and trace formulas to understand how everything links together and ties out.
  • Experience preparing audit files from raw accounting reports from administrators systems (SOI, statement of changes, cash flows, level 3 roll forward, FiHi's). Experience updating Word documents for financial statements and inputting numbers from schedules into financials. Ensuring reports read well, tie out, and foot.
Depending on skill set of the candidate, responsibilities will include:

  • Working independently to read procedures and update the settings of an internal allocation system to utilize new functionality and perform testing to ensure that the new results match back to the Excel allocation file and P&L buckets are tied out to the Trail Balance. Reporting to the team's AVP and VP on progress and escalating issues.
  • Preparing audit schedules for a complex debt focused client. Audit schedules include, but not limited to SOI, FiHi's, cash flows, capital and share rolls, level 3 rolls. Schedules need to be compiled using Excel taking inputs from internal accounting records and enriching them. Preparing Word templates to input data from supporting schedules and updating formatting and footing. Reviewing work done by offshore locations for accuracy. Communicating with auditors and assisting with PBC items. Working within a larger team but also independently as the team will be focused on production and candidate will be responsible for audit only.
Compensation: $65-$73/hr

 
location: New York, New York
job type: Contract
salary: $65 - 73 per hour
work hours: 8 to 5
education: Bachelor's degree
experience: 5 Years
 
responsibilities:
Preparing audit schedules for a complex debt focused client. Audit schedules include, but not limited to SOI, FiHi's, cash flows, capital and share rolls, level 3 rolls. Schedules need to be compiled using Excel taking inputs from internal accounting records and enriching them. Preparing Word templates to input data from supporting schedules and updating formatting and footing. Reviewing work done by offshore locations for accuracy. Communicating with auditors and assisting with PBC items. Working within a larger team but also independently as the team will be focused on production and candidate will be responsible for audit only.

 
qualifications:
Candidate should have 5+ years of hedge fund and investor allocation experience. Ideal candidate will have at least one of the following:

1. Thorough knowledge of multi-class/series Master/Feeder investor allocations. Familiarity with allocating P&L on a general ledger account basis, validating various methodologies in management and incentive fee calculations. Ability to follow an Excel allocation schedule and trace formulas to understand how everything links together and ties out.

2. Experience preparing audit files from raw accounting reports from administrators systems (SOI, statement of changes, cash flows, level 3 roll forward, FiHi's). Experience updating Word documents for financial statements and inputting numbers from schedules into financials. Ensuring reports read well, tie out, and foot.

Depending on skill set of the candidate, responsibilities will include:

Working independently to read procedures and update the settings of an internal allocation system to utilize new functionality and perform testing to ensure that the new results match back to the Excel allocation file and P&L buckets are tied out to the Trail Balance. Reporting to the team's AVP and VP on progress and escalating issues.

Other project type work may include testing system developments, doing a first level review, assisting with KPI reporting, working on implantation

Category Name Required Experience

Areas of Expertise Audit Experience No Intermediate

Areas of Expertise Finance/Accounting No Expert

Areas of Expertise Financial No Expert

Technical Accounting skills No Expert

 
skills: Fund Accounting
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

easy apply

get jobs in your inbox.

sign up
{{returnMsg}}

related jobs