Associate, Financial Control & Reporting

Balyasny Asset Management L.P.; Chicago (IL); On-site; USD 80,000 - 110,000; Full time

Job summary

Balyasny Asset Management L.P. is seeking an Associate, Financial Control & Reporting in Chicago to support the month-end close, prepare journal entries, and maintain balance sheet accuracy.

You will research new accounting standards and help document accounting policies while collaborating with AP, Payroll, FP&A, Compliance, Tax and Legal teams. The role emphasizes improving processes and automation, and requires 2–3 years of accounting experience, CPA status, and familiarity with US GAAP and

Qualifications

• 2–3 years of accounting experience, public experience preferred.
• CPA certification required/preferred.
• Proficiency with MS Office; familiarity with AI tooling is a plus.
• US GAAP and IFRS experience preferred for hedge fund context.

Responsibilities

• Support month-end close processes and journal entries.
• Prepare balance sheet reconciliations and working papers.
• Research new accounting standards and document policies.
• Prepare monthly regulatory capital projections and filings.
• Review financial statements from third-party provider and ensure accuracy.
• Assist auditors and respond to questions/requests.
• Document accounting policies and procedures.
• Drive process improvements and automation efforts.
• Coordinate with AP, Payroll, FP&A, Compliance, Tax and Legal teams.

Skills

Problem solving

Process improvement

Attention to detail

Verbal & written communication

Team player

Education

CPA

Tools

MS Office

AI tooling

Job description

ROLE OVERVIEW In the role of Associate, Financial Control & Reporting, the employee will be responsible for the following:

• Assist with the month end close processes of management company entities, including preparing journal entries, supporting working papers, and balance sheet reconciliations.
• Research, document, and implement new technical accounting standards.
• Research and develop accounting policies for new transactions.
• Prepare monthly projections to actively monitor regulatory capital levels and prepare regulatory filings.
• First reviewer of financial statements from our third party provider including preparing financial statement tie-outs to ensure accuracy.
• Provide support to the auditors and be responsive to questions and requests.
• Documenting accounting policies and procedures.
• Key player in developing and driving process improvement and automation initiatives.
• Collaboration with Accounts Payable, Payroll, Financial Planning & Analysis, Compliance, Tax and Legal teams. QUALIFICATIONS &

REQUIREMENTS

In order to effectively represent the Company, the employee must be someone who has:

• Strong problem solving and critical thinking skills
• Process improvement orientated
• High degree of accuracy and attention to detail
• Strong verbal and written communication skills
• Energetic with team player mentality EDUCATION, TRAINING &

EXPERIENCE

• 2-3 years of accounting experience, public experience preferred
• Certified Public Accountant (CPA)
• Proficient with MS office & AI tooling preferred
• Hedge Fund and investment manager experience preferred
• US GAAP and IFRS experience