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Consultant - Fund/Portfolio Accountant

Remote:

Full Remote

Contract:

Freelance

Work from:

New York (USA)

Offer summary

Qualifications:

Bachelor's Degree in related field, Minimum 4 years experience in Portfolio or Fund Accounting.

Key responsabilities:

Perform accounting entries for fund activities
Prepare reconciliations, financial statements, reports
Liaise with stakeholders for accounting and reporting
Execute portfolio pricing and trade break resolutions

Arootah LLC Professional Training & Coaching Small startup https://www.arootah.com/

2 - 10 Employees

See more Arootah LLC offers

Job description

Join our experienced roster of consultants that support Hedge Funds and Family Offices. Arootah is a personal and professional development leader in the Investment and Financial Services industry. Our mission is to provide top business advisory services to our hedge fund client base. We focus our Business Consulting on the multi-faceted needs of Hedge Funds and Family Offices. Arootah was founded by Rich Bello, the Co-Founder and COO of the industry-leading $10 billion hedge fund, Blue Ridge Capital. Rich brings more than 30 years of experience, including leadership positions at Morgan Stanley, Tiger Management, and Ernst & Young. 

Visit us at https://arootah.com/hedge-fund-advisory/ for more information.

WHO WE NEED:

Arootah is searching for experienced Portfolio and Fund Accountants to consult to our highly prestigious client base.  As a consultant, you will work with our Hedge Fund and Family Office clients to provide expert advice. Having previously served in this senior role, you have specific, hands-on experience performing the ongoing accounting needs for a leading Hedge Fund or Family Office. 

What You'll Do

Best practice reviews. 

Developing realistic and effective action plans.

Breaking apart goals into actionable steps. 

Advising on vendor selection and oversight.

Creating and implementing policies, procedures, and control measures. 

Evaluating each client’s advancement toward goal actualization through key performance indicators (KPIs) and scoring matrices. 

Special projects or other areas of need.

Who You Are

Working under the Director of Operations or Director of Fund Accounting, price the fund portfolio(s), process all accounting entries including corporate actions, contributions, withdrawals, and other fund and partner activity in order to produce P&L and performance reports.

Prepare daily/monthly/quarterly tri-party position, cash, market value and accrual reconciliations with the Administrator and Prime Broker(s).

Work with Administrators, Prime Broker(s) and executing parties on timely and accurate accounting and trade break resolutions including all cash and fund positions/securities.

Review daily/monthly/quarterly Administrator NAV Packages and make updates to the portfolio accounting system if necessary.

Liaise with fund administrator, auditors, and tax preparers to process and maintain fund accruals, expenses, management fees, and incentive allocation calculations and schedules.

Prepare books and records as well as monthly/quarterly and annual financial statements, partner allocations and capital statements for partners and investment vehicles.

Assist in the preparation of investor requests and reports.

Prepare internal financial analysis, holdings and performance reports for internal stakeholders and investment personnel.

Perform all accounting functions related to fund requirements including wire transactions, client reporting deliverables and ad hoc requests for partners, their constituents, and internal parties.

Qualifications

A Bachelor’s Degree in Business, Accounting, Finance, Economics, or a related field. 

A minimum of four years of professional experience in Portfolio or Fund Accounting or middle office operations with a Hedge Fund, Family Office, Alternative Investment Management firm or Hedge Fund Administration firm.

Previous experience with portfolio and fund accounting software or applications (Eze, Advent, Aladdin, Portia, etc.).

Knowledge of multi-asset sectors and investment types, including, but not limited to public equity (long/short), private equity, fixed income, and absolute return oriented multi-strategy.

Highly proficient with Microsoft Office, advanced Excel skills

Excellent analytical and problem-solving skills with ability to multi-task.

Attention to detail and capable of taking initiative.

Strong team player with an entrepreneurial predisposition and strong interpersonal skills to effectively work across all levels of the firm.

Become part of a well-funded disruptor in the finance and technology space. 

The ability to work remotely.

Flexible hours and the ability to choose your assignments.

The hourly consulting rate of pay is expected to be a minimum of $100 and a maximum of $175, per hour. The hourly rate will be determined by several factors which may include, but are not limited to, the length of the individual engagement, level of difficulty, level of specialization required, professional designations, skills, and years of experience.