At a Glance
- Tasks: Review and calculate NAVs for hedge and private equity funds while collaborating across time zones.
- Company: Dynamic financial firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, flexible hours, and opportunities for professional growth.
- Other info: Great opportunity for career advancement in a supportive team setting.
- Why this job: Join a fast-paced environment and make a real impact in fund accounting.
- Qualifications: 8+ years of fund accounting experience and strong analytical skills required.
The predicted salary is between 40500 - 49500 £ per year.
Position Overview: The candidate must be comfortable working in a rapidly changing environment with an ability to deliver high quality work in collaboration with colleagues in different offices and service providers in different time zones.
- Review calculation of estimated and final NAVs for a group of hedge funds and private equity funds, including FX classes of investors, side pockets and SMAs.
- Ensure management fees, performance fees, distribution waterfalls, and allocations are calculated in accordance with PPMs, IMAs, LPAs and side letters.
- Review investor subscription, redemption and capital call and distribution documents processed/prepared by fund administrator(s).
- Shadow allocations for certain funds and maintain database with investor information.
- Review fund operating expenses prepared by fund administrator and provide comments/changes.
- Process expense payments related to the funds and review allocations based on the expense allocation policy.
- Review of fund administrator-prepared annual financial statements, and liaise with external auditors and fund administrator(s) regarding financial reporting and timely issuance of financial statements.
- Compile information for due diligence requests from investors and counterparties, assist with other ad hoc.
- Prepare monthly reporting files for management and other interested parties.
- Implement systems, processes, and procedures to improve efficiency while maintaining adequate internal control environment.
Required Qualifications:
- Must have fund hedge fund accounting experience.
- Accounting experience on Private Equity, Venture Capital, and CLO entities a plus.
- Public or a mixture of Big 4 & private accounting experience; 8+ yrs. of fund accounting experience including.
- Experience with investor and partnership allocations and related software (i.e. Backstop, Hedgetek, Investran, etc.).
- Exceptional analytical skills.
- Strong attention to detail.
- Team player with excellent communication skills.
- Ability to multitask.
- Highly organized.
Assistant Controller - Fund Accounting employer: Squarepoint Capital
Squarepoint is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation among elite professionals in the trading industry. Located in New York, employees benefit from competitive compensation packages, including discretionary bonuses and comprehensive health and wellness plans, while also having ample opportunities for professional growth and development through mentorship and training programs. Join us to be part of a forward-thinking team that values your contributions and supports your career aspirations.
