Fund Accountant - Hedge Fund NAV & Reconciliation

Arrow Search Partners; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Arrow Search Partners seeks a Hedge Fund Accountant for a NY-based role with our investment-management client. You will perform daily/monthly reconciliations of trades, cash, and positions, and support NAV review and fund activity governance.

Requirements include a bachelor’s in accounting or finance, 3–6 years hedge fund accounting or fund administration, CPA preferred, and advanced Excel with accounting systems experience.

Qualifications

• Bachelor’s degree in accounting or finance.
• 3–6 years hedge fund accounting or fund administration experience.
• CPA preferred.
• Strong knowledge of long/short equity strategies, fund structures, and partnership accounting.
• Experience with a fund administrator.
• Advanced Excel skills and comfort with accounting/reporting systems.

Responsibilities

• Perform daily and monthly reconciliations of trades, cash balances, and investment positions, investigating and resolving discrepancies across internal records and external counterparties.
• Review NAV packages, investor allocations, management and performance fee calculations, and capital activity to ensure accuracy and consistency with fund records and governing documents.
• Support month-end fund accounting close including preparation of monthly trial balances, review of general ledger activity, and calculation of investor allocations.
• Assist with trade booking and settlement processes, monitoring outstanding trades, investigating settlement discrepancies, and following up on failed trades to ensure timely resolution.
• Maintain accurate fund accounting records and supporting documentation while assisting with ongoing operational controls and reporting requirements.

Skills

Hedge fund accounting

Fund accounting

Advanced Excel

Education

Bachelor’s degree in accounting or finance

CPA preferred

Tools

Accounting/reporting systems

Excel

Job description

Arrow Search Partners seeks a Hedge Fund Accountant for a NY-based role with our investment-management client. You will perform daily/monthly reconciliations of trades, cash, and positions, and support NAV review and fund activity governance.

Requirements include a bachelor’s in accounting or finance, 3–6 years hedge fund accounting or fund administration, CPA preferred, and advanced Excel with accounting systems experience.