Fund Accountant

Nextera Search; United States; On-site; USD 110,000 - 140,000; Full time

Job summary

A leading financial services firm in New York City is seeking an experienced Fund Accountant to join their team. The role includes calculating and preparing Net Asset Values, managing trades, and supporting various financial processes. Candidates should have a Bachelor's degree in Finance or related fields and at least 5 years of relevant experience. Proficiency in financial systems like OMS and Bloomberg is essential. This full-time position offers a competitive salary range of $110,000 - $140,000 per year, plus an annual bonus.

Qualifications

• At least 5 years of experience in fund accounting or financial operations.
• Solid understanding of equities, OTC derivatives, options, and FX trading/settlements.
• Experience with financial technology and project management required.

Responsibilities

• Calculate and prepare Net Asset Values (NAVs) and fund accounting reports.
• Support monthly NAV close processes and perform reconciliations.
• Manage trade processing and review corporate actions.

Skills

Financial analysis

Project management

Communication skills

Multitasking

Excel proficiency

Education

Bachelor’s degree in Finance, Economics, or Accounting

Tools

Order Management Systems (OMS)

Bloomberg

Job description

A Hedge Fund in New York City is seeking an experienced professional to join their team as a Fund Accountant.

Base pay range

$110,000.00/yr - $140,000.00/yr

Additional compensation types

Annual Bonus

Responsibilities

• Calculate and prepare accurate Net Asset Values (NAVs), yields, distributions, and fund accounting reports.
• Support monthly NAV close processes and perform daily cash, position, and settlement reconciliations.
• Review and execute corporate actions, fund wires, and related transactions.
• Manage trade processing, including middle office workflows, trade confirmations, and resolution of trade breaks.
• Contribute to projects focused on workflow enhancements and data integrity improvements.
• Prepare various reports, including regulatory filings, and assist with year-end audit processes.
• Collaborate cross-functionally with teams such as Trading, Risk, Legal, Tax, and Compliance.
• Utilize technology and automation tools to enhance operational efficiency.
• Serve as a key point of contact for brokers and custodians; develop and maintain strong relationships.
• Oversee P&L reporting and monitor relevant market developments and trends.

Qualifications

• Bachelor’s degree in Finance, Economics, or Accounting.
• At least 5 years of experience in fund accounting or financial operations, preferably within an alternative investment firm or fund administrator.
• Solid understanding of equities, OTC derivatives, options, and FX trading/settlements; familiarity with Asian and emerging markets is a plus.
• Experience in project management and financial technology; proficient in using Order Management Systems (OMS) and Bloomberg.
• Strong analytical and communication skills, with advanced proficiency in Microsoft Excel.
• Proven ability to multitask, meet tight deadlines, and adapt to flexible work hours.

Seniority level

Associate

Employment type

Full-time

Job function

Accounting/Auditing