Controller - hedge fund

Dagen; Dallas (TX); On-site; USD 120,000 - 180,000; Full time

Job summary

Dagen seeks a highly capable Controller to lead accounting, portfolio accounting, and operational finance functions in Dallas. This high-impact role involves fund operations, investor reporting, tax coordination, and management-company finance, with visibility into growth and potential for broader leadership including CFO prospects.

The successful candidate will oversee NAV validation, P&L, and allocations, coordinate with fund administrators and prime brokers, and drive month-end close,

Qualifications

• CPA strongly preferred.
• At least seven years of relevant experience in accounting, fund administration, asset management, or a related financial-services environment.
• Experience with hedge funds, private funds, SMAs, multi-prime-broker platforms, or investment managers preferred.
• Advanced Excel skills and strong proficiency in Word, PowerPoint, Outlook, and QuickBooks.
• Experience with Enfusion is a plus.
• Strong understanding of reconciliations, NAV processes, financial statements, cash management, and operational controls.
• Excellent organizational, analytical, and communication skills.
• Highly detail-oriented, resourceful, and capable of managing multiple priorities independently.
• Demonstrated ownership, sound judgment, and a willingness to work across functions.

Responsibilities

• Perform shadow accounting for funds and SMA, validating NAV calculations, P&L, fees, expenses, and allocations.
• Collaborate with fund administrators and prime brokers for accurate, timely transaction processing.
• Monitor portfolio positions, trade allocations, and resolve discrepancies promptly.
• Provide backup for daily trade, cash, and position reconciliations across prime brokers and custodians.
• Maintain the general ledger, balance sheet, and income statement in QuickBooks.
• Support month-end close, including accruals, allocations, reconciliations, and management reporting.
• Coordinate with tax advisors on K-1s, tax reporting, and related matters.
• Prepare cash forecasts and oversee cash activity reconciliation.

Skills

CPA certification

Advanced Excel

Communication skills

Attention to detail

Tools

QuickBooks

Enfusion

MS Office

Job description

The firm is seeking a highly capable and hands-on Controller to lead and strengthen the Firm’s accounting, portfolio accounting, and operational finance functions. This is a high-impact role with meaningful exposure to fund operations, accounting, prime brokerage relationships, investor reporting, tax coordination, and management-company finance.

The successful candidate will have significant responsibility and visibility within a growing investment firm, along with a clear path toward broader finance leadership and, potentially, a CFO role.

Key Responsibilities

• Perform shadow accounting for the funds and SMA, including validating monthly NAV calculations, P&L, fees, expenses, and allocations.
• Work closely with fund administrators and prime brokers to ensure accurate and timely transaction processing.
• Monitor portfolio positions, trade allocations, and operational control breaks; investigate and elevate discrepancies promptly.
• Provide backup support to the Operations team with daily trade, cash, and position reconciliations across prime brokers, custodians, administrators, and internal systems.
• Maintain the management company’s general ledger, balance sheet, and income statement in QuickBooks.
• Support the month-end close process, including accruals, expense allocations, reconciliations, and management reporting.
• Coordinate with the Firm’s tax advisors on K-1s, tax reporting, partner matters, and other tax-related requirements.
• Prepare cash forecasts and oversee the reconciliation and recording of cash activity.
• Review, approve, process, and record accounts payable, vendor invoices, and other Firm expenses.
• Prepare periodic investor reporting and support investor relations and marketing initiatives, including pitchbooks, due diligence materials, and client presentations.
• Help improve the Firm’s accounting, reporting, and operational processes as the business grows.
• Lead or support special projects involving finance, operations, technology, tax, vendors, and Firm infrastructure.

Qualifications

• CPA strongly preferred.
• At least seven years of relevant experience in accounting, fund administration, asset management, or a related financial-services environment.
• Experience with hedge funds, private funds, SMAs, multi-prime-broker platforms, or investment managers preferred.
• Advanced Excel skills and strong proficiency in Word, PowerPoint, Outlook, and QuickBooks.
• Experience with Enfusion is a plus.
• Strong understanding of reconciliations, NAV processes, financial statements, cash management, and operational controls.
• Excellent organizational, analytical, and communication skills.
• Highly detail-oriented, resourceful, and capable of managing multiple priorities independently.
• Demonstrated ownership, sound judgment, and a willingness to work across functions.
• Ability to handle confidential and sensitive information with discretion and professionalism.
• Must be willing to work full-time from the Firm’s Dallas office. This is not a remote position.