Hedge Fund Accountant – NAV & Private Equity (Hybrid)

Springborn Staffing; Portland (ME); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Hybrid work flexibility

Professional development opportunities

Comprehensive benefits package

Retirement plan with employer contrib.

Job summary

Springborn Staffing is partnering with a growing financial services organization in the Greater Portland area, seeking an accounting professional with fund and investment accounting experience. The role offers exposure to private equity, hedge funds, and complex fund structures within a collaborative team.

The position is hybrid (2 days in-office per week) with potential remote flexibility for qualified candidates, and provides professional growth opportunities, CPA progression support, and a

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Economics, or related field.
• Experience in fund accounting, public accounting, investment accounting, financial services, or related field.
• Strong understanding of accounting principles and financial reporting.
• Advanced Microsoft Excel skills, including formulas, pivot tables, and data analysis functions.
• Strong analytical, organizational, and problem-solving abilities.
• Excellent written and verbal communication skills.
• Ability to learn complex financial structures and accounting concepts quickly.
• Ability to manage multiple priorities and deadlines in a fast-paced environment.

Responsibilities

• Prepare NAV calculations for private equity and hedge fund clients.
• Perform cash, portfolio, and investment reconciliations.
• Calculate and record income and expense accruals, and investment valuations.
• Prepare capital call, distribution, and investor notices.
• Calculate carried interest and support complex waterfall and preferred return structures.
• Allocate profits, losses, management fees, and performance fees to investors.
• Prepare financial statements and supporting schedules for fund clients.
• Review partnership agreements and investor documents for proper accounting treatment.
• Process fund expenses and cash movement transactions accurately and timely.
• Generate investor and client reports and recurring fund reporting packages.
• Support audit requests, regulatory examinations, and board reporting requirements.
• Communicate with clients, auditors, attorneys, and internal stakeholders on fund accounting matters.
• Assist with process improvements and contribute to team success.

Skills

Advanced Excel

Financial analysis

Attention to detail

Communication skills

Problem solving

Time management

Education

Bachelor's degree in Accounting/Finance

CPA candidate or progress toward CPA

Tools

Investor accounting platforms

Portfolio accounting platforms

Job description

Springborn Staffing is partnering with a growing financial services organization in the Greater Portland area, seeking an accounting professional with fund and investment accounting experience. The role offers exposure to private equity, hedge funds, and complex fund structures within a collaborative team.

The position is hybrid (2 days in-office per week) with potential remote flexibility for qualified candidates, and provides professional growth opportunities, CPA progression support, and a