Job Title: Fund Accountant
Job Description:
Overview: We are seeking a highly motivated and detail-oriented individual to join a dynamic team as a Fund Accountant for our client. The ideal candidate will have a strong background in accounting, finance, and a deep understanding of hedge fund operations. This role offers an exciting opportunity to contribute to the financial success of the fund while working in a collaborative and fast-paced environment.
Responsibilities:

1. Net Asset Value (NAV) Calculation:
   
   • Calculate daily, weekly, and monthly Net Asset Values for assigned hedge funds.
   • Ensure accuracy and completeness in the valuation process, considering all relevant factors such as securities pricing, corporate actions, and accruals.
2. Financial Reporting:
   
   • Prepare and review financial statements, including balance sheets, income statements, and cash flow statements, in compliance with regulatory and accounting standards.
   • Generate investor reports and other ad-hoc financial reports as needed.
3. Reconciliation:
   
   • Perform daily reconciliations of cash, positions, and trades to ensure accuracy and identify and resolve any discrepancies promptly.
   • Investigate and resolve variances between internal records and external sources.
4. Fund Administration:
   
   • Collaborate with various internal teams, including portfolio management, legal, and compliance, to ensure seamless fund operations.
   • Assist in the onboarding of new funds, including setting up accounting systems and processes.
5. Compliance and Regulatory Reporting:
   
   • Stay current with industry regulations and ensure all fund activities adhere to relevant compliance standards.
   • Prepare and submit regulatory reports in accordance with applicable requirements.
6. Audit Support:
   
   • Support external audits by providing necessary documentation and responding to auditor inquiries.
   • Coordinate and facilitate internal and external audit processes.
7. Process Improvement:
   
   • Identify opportunities for process improvements to enhance efficiency and accuracy in fund accounting operations.
   • Implement best practices and contribute to the continuous improvement of the accounting function.
8. Ad-hoc Projects:
   
   • Participate in special projects and initiatives as assigned by management.
   • Contribute to the development and enhancement of financial systems and tools.

Qualifications:

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional qualification such as CPA or CFA is preferred.
• Previous experience in hedge fund accounting or fund administration is highly desirable.
• Strong understanding of financial instruments, investment strategies, and fund structures.
• Proficiency in accounting software and Microsoft Excel.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and collaboratively in a fast-paced, deadline-driven environment.

If you are a detail-oriented individual with a passion for finance and a desire to excel in the hedge fund industry, we invite you to apply for this exciting opportunity.