Accounting & Operations Specialist

WhiteCap Search; New York (NY); On-site; USD 90,000 - 140,000; Full time

Job summary

WhiteCap Search is seeking a skilled professional to manage the comprehensive lifecycle of equity trades, with a balanced focus on fund accounting and operations.

The role ensures seamless trade operations and accurate fund accounting, supporting month-end closes, and collaborating with auditors, prime brokers, and the trading desk to resolve issues and optimize settlements.

Qualifications

• Bachelor's degree in Finance, Economics, Accounting, or related field.
• 2-4 years of experience in trade operations, middle office, or fund accounting.
• Strong understanding of Equity products (common stock, ETFs).
• Familiarity with equity swaps, options, or credit instruments is a plus.
• Deep understanding of the trade lifecycle from execution to settlement and NAV impact.

Responsibilities

• Prepare and review fund NAV calculations, ensuring accuracy and compliance with accounting standards.
• Support month-end close by reconciling accounts and preparing fund financial statements.
• Collaborate with auditors during fund audits and provide documentation.
• Oversee lifecycle of equity trades from capture to affirmation and settlement.
• Act as primary contact for trading desk to resolve execution issues and booking errors.
• Perform daily cash and position reconciliations with internal systems, prime brokers, and fund administrators.
• Monitor corporate actions and dividends related to long and short equity positions.
• Liaise with prime brokers and executing brokers to manage settlements and mitigate fail risk.
• Identify bottlenecks in front-to-back flow and suggest automated solutions.

Skills

Trade operations

Fund accounting

Equity product knowledge

Attention to detail

Education

Bachelor's degree in Finance/Economics/Accounting

Tools

Bloomberg

Omgeo CTM/OASYS

Advent

Enfusion

Excel (VLOOKUPs, macros)

Job description

We are seeking a skilled professional to manage the comprehensive lifecycle of equity trades, with a balanced focus on fund accounting and operations. The ideal candidate will ensure seamless trade operations and accurate fund accounting processes.

Key Responsibilities

• Prepare and review fund NAV calculations, ensuring accuracy and compliance with accounting standards.
• Support the month-end close process by reconciling accounts and preparing financial statements for funds.
• Collaborate with auditors during fund audits and provide necessary documentation and explanations.
• Oversee the entire lifecycle of equity trades, including capture, enrichment, and affirmation.
• Act as the primary point of contact for the trading desk to resolve execution issues, broken trades, or booking errors.
• Perform daily cash and position reconciliations between internal systems, prime brokers, and fund administrators to ensure 100% accuracy.
• Monitor and process corporate actions and dividends specifically related to long and short equity positions.
• Liaise daily with prime brokers and executing brokers to manage settlements and mitigate fail risk.
• Identify bottlenecks in the "front-to-back" flow and suggest automated solutions to scale the operations.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting, or a related quantitative field.
• 2-4 years of experience in trade operations, middle office, or fund accounting.
• A robust understanding of Equity products (common stock, ETFs) is mandatory.
• Familiarity with other products such as equity swaps, options, or credit instruments is a significant advantage.
• Deep understanding of the trade lifecycle, from execution through to settlement and NAV impact.
• Exceptional interpersonal skills with the ability to communicate confidently with senior Traders and PMs in a high-pressure environment.
• Proficiency in Excel (v-lookups, macros) is required; experience with Bloomberg, Omgeo (CTM/OASYS), or portfolio accounting systems (Advent, Enfusion, etc.) is highly preferred.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.