Fund Accountant | Hedge Fund

TN United Kingdom; Greater London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player in the hedge fund sector is seeking a skilled Fund Accountant to join its dynamic team. This role involves overseeing daily accounting operations, preparing financial reports, and ensuring compliance with regulatory standards. The ideal candidate will have a strong background in fund accounting, excellent analytical skills, and the ability to implement process improvements. Join a forward-thinking firm that values integrity and professionalism, and contribute to delivering superior returns to investors while enhancing operational efficiency.

Qualifications

• 3-5 years of experience in fund accounting within hedge funds.
• Strong understanding of financial instruments and accounting standards.

Responsibilities

• Oversee daily accounting activities for multiple hedge funds.
• Prepare financial statements and liaise with external auditors.
• Ensure compliance with accounting standards and regulatory requirements.

Skills

Fund Accounting

Financial Reporting

Trade Processing

Regulatory Compliance

MS Excel

Education

Bachelor's degree in Accounting

CPA or CFA certification

Tools

Accounting Software

Job description

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A leading hedge fund known for its innovative investment strategies and exceptional performance. Our firm is dedicated to delivering superior returns to our investors while maintaining the highest standards of integrity and professionalism. We are seeking a skilled and motivated Fund Accountant to join our dynamic team and contribute to our continued success.

About

A leading hedge fund known for its innovative investment strategies and exceptional performance. Our firm is dedicated to delivering superior returns to our investors while maintaining the highest standards of integrity and professionalism. We are seeking a skilled and motivated Fund Accountant to join our dynamic team and contribute to our continued success.

Key Responsibilities

1. Daily Accounting Operations: Oversee daily accounting activities for multiple hedge funds, ensuring accuracy and compliance with internal policies and regulatory requirements. Prepare and review daily, weekly, and monthly NAV calculations. Reconcile cash, positions, and market values between fund managers, custodians, and prime brokers.
2. Financial Reporting: Prepare and review financial statements, investor reports, and performance metrics. Assist in the preparation of annual audits and liaise with external auditors.
3. Trade Processing and Reconciliation: Ensure timely and accurate trade capture, confirmation, and settlement. Perform position and trade reconciliations across multiple systems.
4. Regulatory Compliance: Ensure compliance with relevant accounting standards (GAAP, IFRS) and regulatory requirements (SEC, CFTC). Assist in the preparation of regulatory filings and reports.
5. Process Improvement: Identify and implement process improvements to enhance operational efficiency and accuracy. Collaborate with IT and operations teams to develop and maintain accounting systems and software.

Qualifications

1. Education: Bachelor's degree in Accounting, Finance, or a related field. CPA, CFA, or equivalent professional certification preferred.
2. Experience: Minimum of 3-5 years of experience in fund accounting, preferably within a hedge fund or asset management firm. Strong understanding of financial instruments, including equities, derivatives, fixed income, and alternative investments.
3. Skills: Proficiency in accounting software and advanced MS Excel skills. Excellent analytical, organizational, and problem-solving abilities. Strong attention to detail and the ability to manage multiple tasks under tight deadlines. Effective communication skills and the ability to work collaboratively in a team environment.