Fractional Fund/Portfolio Accountant (Advisor Network)

Arootah; United States; On-site; USD 138,000 - 241,000; Full time

Job summary

Arootah is seeking experienced Portfolio and Fund Accountants to advise our prestigious hedge fund and family office clients. As a consultant, you will apply hands-on accounting expertise to ongoing needs, focusing on portfolios, reconciliations, and financial reporting.

Ideal candidates have four or more years in fund accounting, with strong Excel skills and a deep understanding of multi-asset accounting. This role offers engagement with top clients and exposure to complex wealth management

Qualifications

• Bachelor’s degree in Business, Accounting, Finance, Economics, or related field.
• At least four years of professional experience in Portfolio or Fund Accounting or middle office operations (hedge fund, family office, alternative investment manager).
• Experience with portfolio and fund accounting software such as Eze, Advent, Aladdin, Portia, etc.

Responsibilities

• Price fund portfolios and process all accounting entries including corporate actions, contributions, withdrawals, and other activity to produce P&L and performance reports.
• Prepare daily/monthly/quarterly reconciliations of trifurcated positions, cash, and accruals with the administrator and prime broker(s).
• Assist liaising with fund administrators, auditors, and tax preparers to maintain fund accruals, expenses, and allocations.

Skills

Financial analysis

Attention to detail

Multi-tasking

Excel

Problem-solving

Team collaboration

Communication

Education

Bachelor's degree in Business/Accounting/Finance/Economics

4+ years portfolio/fund accounting experience

Tools

Eze

Advent

Aladdin

Portia

Job description

About Arootah

Arootah is a talent solutions firm purpose-built for the alternative investment industry. We advise and we execute, covering the full talent spectrum from entry to exit across five services: Talent Acquisition, Fractional Leadership, Talent Development, Retention & Compensation, and Transition.

Mosttalentfirms solve one problem. Because we cover the full spectrum, we can help clientsidentifyand solve the right one. We start with diagnosis, then deliver.

Our team has run alternative investment firms at the highestlevelsas COOs, CFOs, and CCOs. That operator experience, combined with 15+ years ofalternatives-specific recruiting and a network of 700+ vetted advisors across 18 functional disciplines, is what makes the advice credible and the execution reliable. We also draw on a network of 600+ coaches, deploying those with specific experience guiding senior executives in thealternativesindustry.

One industry. Onetalentpartner. Entry to exit.

Learn more: https://arootah.com/

Who We’re Looking For

Arootahis searching for experienced Portfolio and Fund Accountants toconsult toour highly prestigious client base. As a consultant, you will work with our Hedge Fund and Family Office clients toprovideexpert advice. Having previously served in this senior role, you have specific, hands-on experience performing the ongoing accounting needs for a leading Hedge Fund or Family Office.

Core Areas of Expertise

• Best practice reviews.
• Developing realistic and effective action plans.
• Breaking apart goals into actionable steps.
• Advising onvendor selection and oversight.
• Creating and implementing policies, procedures, and control measures.
• Evaluating each client’s advancement toward goal actualization through key performance indicators (KPIs) and scoring matrices.
• Special projects or other areas of need.
• Working under the Director of Operations or Director of Fund Accounting, price the fund portfolio(s), process all accounting entries including corporate actions, contributions, withdrawals, and other fund and partner activityin order toproduce P&L and performance reports.
• Prepare daily/monthly/quarterly tri-party position, cash, market value and accrual reconciliations with the Administrator and Prime Broker(s).
• Work with Administrators, Prime Broker(s) and executing parties ontimelyandaccurateaccounting and trade break resolutions including all cash and fund positions/securities.
• Review daily/monthly/quarterly Administrator NAV Packages and make updates to the portfolio accounting system if necessary.
• Liaise with fund administrator, auditors, and tax preparers to process andmaintainfund accruals, expenses, management fees, and incentiveallocationcalculations and schedules.
• Prepare books and records as well as monthly/quarterly and annual financial statements, partner allocations and capital statements for partners and investment vehicles.
• Assistin the preparation of investor requests and reports.
• Prepare internal financial analysis,holdingsand performance reports for internal stakeholders and investment personnel.
• Perform all accounting functions related to fund requirements including wire transactions, client reporting deliverables and ad hoc requests for partners, their constituents, and internal parties.

What You Bring

• ABachelor’s Degree in Business, Accounting, Finance, Economics, ora related field.
• A minimum of four years of professional experience in Portfolio or Fund Accounting or middle office operations with a Hedge Fund, Family Office, Alternative Investment Management firm or Hedge Fund Administration firm.
• Previousexperience with portfolio and fund accounting software or applications (Eze, Advent, Aladdin, Portia, etc.).
• Knowledge of multi-asset sectors and investment types, including, but not limited to public equity (long/short), private equity, fixed income, and absolutereturn orientedmulti-strategy.
• Highly proficient with Microsoft Office, advanced Excel skills
• Excellent analytical and problem-solving skills withabilityto multi-task.
• Attention to detail and capable of taking initiative.
• Strong teamplayer with an entrepreneurial predisposition and strong interpersonal skills to effectively work across all levels of the firm.

$100 - $175 an hour