Hedge Fund Associate

Our world-class Net Promoter Score of 75 reflects our commitment to excellence and client satisfaction.

Our people-first approach has earned us the Great Place To Work Certification three times, and as a B Corp Certified company, we’re dedicated to making a positive impact not just in business, but in the communities we serve.

With a highly engaged and innovative team, we don’t just optimize processes, we also create meaningful change.

What is the role that we need?

Key Responsibilities:

Delivering Quality Service

o Prepare and maintain the accounting data for a portfolio of client

engagements

Ensure all client deliverables are prepared accurately and with a high

level of quality

Strive to perform high quality work and reduce the need for revisions.

Perform a self-review of every NAV closing before submitting to

supervisor for review

Strive to provide overall client satisfaction

Respond to all client queries promptly. When unsure of answers, seek

guidance from a supervisor and make sure that client queries are

solved in a satisfactory manner

Accountability

o Preparation of historical fund data, G/L entry, analysis of client accounts

and performance of account reconciliations

Reconcile cash account to statements identifying and resolving all

differences

Reconcile positions/securities to broker statements

Research and resolve any differences between the accounting and

broker reports

Price the portfolios in accordance with Firm and Fund pricing policies

Ensure consistency of all reports included in NAV pack and resolve

all differences

Prepare accounting entries and book to ledger

Perform month-end close processes/financial statement preparation

and ensure completion of all control checks per SOC checklist

Prepare fund expense and accrual reconciliations

Prepare investor allocations and ensure fee/allocations are booked

accurately

o Review all key legal fund offering documents and identify possible

accounting or administrative implementation issues

Develop a thorough technical knowledge of each fund overseen to

ensure high quality client service

o Assist Senior Fund Accountants and Account Managers with year-end

audit liaison

Prepare Year End supporting schedules for external auditors and

assist with preparation of draft financial statements

Ensure high touch communication with all audit/tax contacts and

verify accuracy of all internally prepared support provided to auditors

before it is submitted

Drive and Resilience

o Alert supervisors when down time is expected and volunteer to assist in

a new project or internal initiatives

o Keep an accurate time log and record all time spent on client

engagements

o Have a willingness to work extra hours as necessary to meet client

expectations and deadlines. Contribute to a team environment and

provide support to supervisor

Technical Expertise

o Develop a learning plan to gain an in-depth understanding of Fund

Accounting and Investment Management industries

Understand our clients and their strategies; Analyze your assigned

Gain knowledge (through on the job training and research) of various

financing and futures

o Develop knowledge of accounting standards relevant to Investment

Management

o Obtain or maintain a license or professional credential

Monitor continuing education requirements and develop a learning

plan to improve industry knowledge

Problem Solving

o Alert supervisors when unexpected issues come up

o Communicate new challenges faced and proactively work with

supervisors in developing solutions to overcome engagement issues

Requirements

Job Requirements and Credentials:

Essential (MUST HAVE)

• Educational background in Finance, Accounting, or related field of study
• 1-3 years of work experience; proper accounting experience and exposure to the alternative investment industry