OPEN POSITIONS
Controller/CFO
$1 billion hedge fund, Greenwich, CT
Responsibilities include:
Manage and oversee all fund accounting and operational responsibilities, reporting directly to COO.
Requirements:
7-12 years hedge fund experience, fixed income experience required
Fund Accountant
$15 billion hedge fund, NYC
Responsibilities include:
• Perform daily cash reconciliations for all accounts at custodians and prime brokers.
• Work closely with custodian banks and prime brokers to resolve breaks and follow up on investment wires.
• Update daily cash management spreadsheet.
• Liaison with operations to confirm and settle trades with counterparties, including FX transactions spot and forward contracts.
• Monitor daily collateral requirements with prime brokers, counterparties including forward foreign currency contracts.
• Perform monthly position reconciliation between prime brokers, custodians and internal accounting systems.
• Maintain various tracking spreadsheets for private equity investments, cash receipts, audited financial statements and Schedule K-1s.
• Assist with the preparation of various asset management reports.
• Assist in quarterly fund reporting.
• Will be involved in the annual audit, preparing confirmations, answering auditors questions.
Requirements:
1-3 years experience either from public accounting, a fund or a fund administrator
Senior Private Equity Fund Accountant
$3 billion private equity fund, NYC
Responsibilities include:
Operations:
• Coordinate wire transfers and follow up on transaction status.
• Prepare allocations across funds for payments.
• Coordinate payment and tracking of intercompany transactions across management companies.
• Manage subscription line requests for drawdown of funds from the Fund's subscription line of credit upon authorization from Controller; prepare quarterly covenant calculations
• Prepare capital calls and distribution notices to investors
• Calculate quarterly management fees.
• Tracking and maintenance of hedge positions; mark-to-market of positions for financial statement reporting.
• Reconciliation of Fund, middle tier, JV and SPE investment and equity accounts; includes interaction with the Brazil finance team
Financial Statements:
• Prepare monthly and quarterly workpapers to support Fund activity
• Prepare quarterly financial statements, including footnotes, in accordance with US GAAP, in particular, Investment Company accounting
• Address audit inquiries
• Prepare quarterly investor statements
Tax
• Assist in the review of K-1 workpapers and Fund and subsidiary tax returns
Appraisal/Performance
• Assist with coordination of information for quarterly asset appraisals, Prepare and maintain promote waterfalls for various real estate investments
Requirements:
4-7 years private equity experience either from public accounting or a private equity fund
Controller
$5 billion private equity/hedge fund, NYC
Responsibilities include:
The position will be based in New York and will report to the firm's Senior Fund Controller. The Controller will work closely with senior personnel of the firm and will have the primary responsibility for all of the funds' accounting and reporting activities with regard to a large separately managed account.
• Oversee the preparation of financial statements of the fund, working with the Fund Administrator.
• Work with the Fund Administrator to monitor fund distributable proceeds and facilitate distributions/redemption in accordance with waterfall provision under the accounts' governing documents.
• Ensure timely distribution of investor deliverables.
• Work with the Investor Relations to address investor queries/requests.
• Ensure all statutory filing deadlines are met.
• Coordinate valuation process for fund investments with third party valuation agents, external fund auditors, and investment managers.
• Work with the Director of Operations to ensure the timely and accurate booking of fund investments to general ledger and other key systems.
• Maintain procedures for funds' finance operations, such as payables.
• Manage and monitor the fund's liabilities associated with its investments, including borrowings and issuances of letters of credit under credit facilities and the provision of guaranties and other forms of "recourse to the fund". Manage and monitor the "non-investment" assets of the fund.
• Establish banking relationships as necessary.
• Work with the CFO, Senior Controller and the Tax Director to provide accurate, timely, and informative reporting, as necessary to meet investors' accounting, management, tax, and fiduciary obligations, and ad hoc reporting requests.
Requirements:
7-12 years private equity experience either from public accounting or a private equity fund, credit experience+, CPA+
Structured Finance Specialist
$8 billion hedge fund, Greenwich, CT
Responsibilities include:
• Preparation of monthly performance reports as well as quarterly distribution reports to investors for multiple investment vehicles (CLOs/CDOs).
• Prepare reconciliations comparing key portfolio information and statistics between the manager and the trustee- Resolve differences in a timely manner.
• Assist with daily reporting to portfolio managers and CFO on investment compliance criteria and objectives.
• Perform periodic equity requirement calculations.
• Monitor Collateral Quality Matrix tests on a daily basis.
• Prepare responses to periodic requests from portfolio managers.
• Maintain various projection models.
• Coordination with legal and audit advisors.
• Understanding and interpreting requirements outlined in legal documents governing operating and reporting requirements to ensure compliance with such documents.
• Review daily cash flows and reconciliations to ensure proper allocation of payments.
• Monitor and invest daily cash balances.
• Working with information technology to develop and implement new reporting tools and enhance reporting transparency.
Requirements:
3-6yrs CDO/CLO experience
Accounting Manager/VP of Accounting
$8 billion private equity fund, NYC
Responsibilities include:
• Oversight of daily cash movements and reconciliations for mezzanine funds and affiliated entities.
• Calculation of capital calls, distributions, unfunded commitments, interest accruals, discount amortization, foreign currency gain/loss, hypothetical carry, performance returns.
• Obtaining a thorough working knowledge of and updating fund level and general partnership level waterfalls.
• Real time, detailed updates to Investran, the private equity accounting software and monthly updates to SAP, the corporate accounting software.
• Quarterly preparation of unaudited financials including detailed footnotes, as well as, act as liaison with external auditors during the annual audit process.
• Participation in the review of quarterly valuations of mezzanine portfolio companies.
• Preparation of quarterly tax estimates and assistance in working with tax preparer to complete required tax returns.
• Preparation of various financial reporting, portfolio analytics, investor, deal team, and marketing requests primarily by utilizing Investran's reporting capabilities.
• Ad hoc projects to enhance efficiency and the quality of the product.
Requirements:
8-12 years private equity experience either from public accounting or a private equity fund, waterfall experience++
Senior Hedge Fund Accountant
$17 billion hedge fund, NYC
Responsibilities include:
• Responsible for the accounting close and financial reporting of several multi-strategy investment funds each month.
• Prepare and reconcile daily investment performance.
• Calculate the partnership management fees and incentive fees.
• Preparation of partnership capital and income allocation schedules.
• Liaise with various other departments including Operations, Risk Management, Tax and Client Services.
• Assist in the preparation of client reporting.
• Prepare the annual financial statements and interact with the external auditors.
• Assist in various projects, including IT system conversion, internal controls reporting adoption of new accounting policies
Requirements:
3-5 years hedge fund experience either from public accounting or a hedge fund, CPA, credit/distressed debt experience, MBS++
Senior Private Equity Fund Accountant
$9 billion private equity fund, NYC
Responsibilities include:
• Managing capital calls and distributions to Partners.
• Reconciling capital accounts on a quarterly basis.
• Reconciliation of cash accounts monthly.
• Preparation of unaudited quarterly financial statements.
• Preparation of annual reporting package and coordination of annual independent audit of financial statements.
• Responding to Partner inquiries.
• Preparation of tax compliance filings (ie. Form 1065s and related state returns).
• Tax research experience and ability to understand and comply with state withholding requirements as it relates to acquisition structures resulting in a partnership operating a trade or business.
• Working with Deal Teams to understand deal structures and assist with execution activities relating to acquisition and disposition transactions.
• Involvement in special reporting and/or IT implementation projects.
Requirements:
4-7 years private equity experience either from public accounting or a private equity fund, tax experience highly preferred