Fund Accounting & Operations Manager

Irenic Capital Management LP; Columbus (OH); On-site; USD 90,000 - 130,000; Full time

Job summary

Irenic Capital Management is an investment firm in Columbus, Ohio, hiring a Fund Accounting & Operations Manager to support the back office and partner with the CFO/CCO. The role provides exposure across funds and room to grow as the firm scales.

Responsibilities include NAV reconciliation, financial statement preparation with external auditors, tax process coordination, and treasury functions related to capital calls.

Qualifications

• Bachelor’s degree with strong academic performance.
• 5–10 years of experience in fund accounting, investor reporting, or trade operations.
• Experience with fund accounting, hedge funds, or fund administrators.
• Advanced Microsoft Excel skills and working knowledge of Enfusion.
• Detail oriented, flexible, and able to work in a team as well as independently.
• Experience with financial statements / audit process.
• Aptitude for process improvements and efficiency enhancements.

Responsibilities

• Assist with NAV reconciliation, investor allocations, statements, and fee calculations.
• Support preparing and reviewing financial statements with auditors and fund administrator.
• Assist with annual tax return process across all fund entities and K-1 coordination.
• Oversee trade allocation, PnL, exposure reporting, and treasury related to capital calls.
• Collaborate with outsourced providers for cash/position reconciliation and trade affirmations.
• Liaise with counterparties and fund administrator on portfolio/trade issues.
• Support spend management, budgeting, and invoicing across entities; coordinate approvals.
• Assist with regulatory filings (13F, Form PF, Form ADV).
• Participate in launching new funds and SPVs, including document reviews and account openings.
• Prepare ad hoc requests from management and investment teams.
• Support investor relations with capital account statements and periodic reporting.
• Assist with management company financials, budgeting, and expense allocations.

Skills

Advanced Excel

Multitasking

Team collaboration

Education

Bachelor’s degree

Tools

Enfusion

Job description

Irenic Capital Management is an investment firm with ~$2.8B of assets under management. The firm invests in event driven situations with an activist overlay.

Irenic is hiring a Fund Accounting & Operations Manager to support and partner with our existing Assistant Controller and our CFO / CCO in building out our back-office infrastructure. The position is located in Columbus, Ohio.

The Irenic team comprises 22 people consisting of 16 investment, and 6 non-investment professionals. We have a collaborative, team-based culture that puts a high priority on intellectual honesty, candid debate, and excellence across all tasks. This role is an opportunity to get in on the ground floor of a growing firm, provides a wide range of exposure to different parts of the business, and can take on larger responsibilities as we scale.

Key Responsibilities:

• Assist with the review of month/quarter-end NAV reconciliation process, including investor allocations and statements, management / incentive fee calculations and expense accruals
• Support the preparation and review of financial statements in coordination with the fund administrator and external auditors
• Assist with oversight of the annual tax return process across all fund entities, including coordination of K-1 preparation and delivery to investors in partnership with external tax accountants
• Assist with all aspects of trade allocation and settlement, PnL and exposure reporting, and treasury functions related to capital calls and distributions
• Collaborate closely with outsourced service providers to manage cash and position reconciliation and trade affirmations
• Liaise with counterparties, fund administrator, executing brokers, OMS/PMS vendor, relating to all portfolio and trade issues
• Support business spend management and expense allocation software for tracking of vendors, budgeting, and invoices across management company and funds; coordinate on expense approvals, payments, reporting, and reconciliation
• Assist with required regulatory filings, 13F, Form PF, Form ADV
• Participate in the launch of new funds and special purpose vehicles alongside the back-office team, including reviewing legal documents, coordinating account openings, completing required forms, and following up with internal and external contacts
• Prepare ad hoc requests from management and investment team members
• Support investor relations functions including responding to ad hoc investor inquiries related to capital account statements, tax documents, and periodic reporting
• Assist with management company financials, including vendor relationships, budgeting, and expense allocation across entities
• Partner with the team to identify and implement process improvements to enhance operational and accounting efficiency as the firm scales

Requirements:

• Bachelor’s degree with strong academic performance
• 5-10 years of experience; mix of public/private or fund administrator/private is preferred
• Experience with fund accounting, investor reporting, or trade operations at a hedge fund, fund administrator, or public accounting firm
• Advanced Microsoft Excel skills and working knowledge of Portfolio Accounting system (Enfusion) a plus
• Must be highly detail oriented, flexible, and able to work within a team-orientated environment as well as independently
• Proven ability to multi-task and wear several hats in a fast-paced environment
• Self-drive to consistently learn new skills and methodologies
• Experience working on Financial Statements / audit process
• Deep intellectual curiosity and with an aptitude for process improvements and efficiency enhancements

*Irenic is an Equal Opportunity Employer. Irenic is committed to the principles of equal employment opportunities for all employees and applicants for employment.