Fortune 100 company seeks Senior Hedge Fund Accountant

Senior Hedge Fund Accountant




Major financial institution has a single opportunity for a Senior Hedge Fund Accountant position in Jersey City, NJ

This office is one of five global locations (others are Cayman Islands, Princeton, Hong Kong, & Dublin) the best candidate would be CPA or auditor with prior experience in public accounting and/or another fund administrator.

 

Role:

* maintain primary portfolio, accounting and taxation records for a variety of onshore and offshore hedge fund partnerships and corporations, trading in all types of investment securities and products

* calculate monthly Net Asset Valuations for the purpose of reporting to investors and processing of investor subscription and withdrawal activity

* allocate gains and losses amongst investors and calculate and accrue management and performance fees payable to hedge fund managers

* prepare tax lot accounting reports and schedules and assist in preparation of annual financial statements and taxation returns

* prepare fund performance reports including annual summaries and weekly return estimates

* prepare ad hoc portfolio, performance and fee reports as requested by hedge fund manager and investors

* co-ordinate payment of all fund fees and expenses

* daily liaison with hedge fund managers, prime brokers, custodians and investors

* maintain primary accounting records for hedge fund management companies

 

Preferred Skills & Experience

* posses a detailed understanding of how to account for, value and service all types of investment products including derivatives, swaps, options, futures and forwards

* hedge fund industry experience including familiarity with performance fee structures, tax allocation methodologies, hot issue allocations and management company record keeping

 


Educational Requirements:a recognized professional accounting qualificationBA - Finance or Economics

PCR can not answer every submission but be assured if your background matches this opportunity you will receive a phone call. http://www.pcrHire.com

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