Hedge Fund Controller

Jobtailor; New York (NY); On-site; USD 150,000 - 210,000; Full time

Job summary

Jobtailor seeks a seasoned Fund Controller to lead monthly, quarterly, and annual close for a multi-billion hedge fund in Midtown Manhattan. You will prepare financial statements, manage investor activity, and coordinate with auditors and service providers while upholding strict internal controls and regulatory compliance.

The role requires advanced Excel skills, experience with Enfusion by Clearwater, and the ability to communicate with executives and external partners.

Qualifications

• Significant fund accounting experience as a Fund Controller within a hedge fund.
• Experience supporting a hedge fund with more than $3 billion in assets under management.
• Strong knowledge of hedge fund accounting, financial reporting, performance reporting, and investment-related accounting.
• Demonstrated experience managing monthly close and financial statement preparation.
• Experience working with Enfusion by Clearwater or another fund accounting platform.
• Strong reconciliation, analytical, and problem-solving skills.
• Advanced proficiency with Microsoft Excel.
• Ability to communicate effectively with executive leadership, auditors, administrators, and other external partners.
• Ability to work on-site in Midtown Manhattan every Tuesday, Wednesday, and Thursday.

Responsibilities

• Manage monthly, quarterly, and annual close processes for the fund and related entities.
• Prepare and review financial statements, management reports, and supporting schedules.
• Prepare and analyze fund-level profit and loss, performance, and variance reporting.
• Oversee fund accounting activities, including portfolio transactions, investment activity, income, expenses, accruals, and allocations.
• Review reconciliations between internal accounting records, the fund administrator, prime brokers, custodians, and other counterparties.
• Monitor the accuracy and integrity of the fund's books and records.
• Review investor capital activity, including subscriptions, redemptions, transfers, and capital allocations.
• Coordinate with the fund administrator and other third-party service providers to resolve accounting and reporting discrepancies.
• Support valuation processes and ensure investments are recorded in accordance with applicable accounting policies.
• Manage the annual audit process and serve as a primary point of contact for external auditors.
• Support tax reporting and coordinate with external tax professionals as needed.
• Maintain and strengthen internal controls, accounting procedures, and financial reporting processes.
• Produce timely financial and operational reporting for the CEO and senior leadership.
• Identify opportunities to improve reporting, automate processes, and increase operational efficiency.
• Ensure compliance with applicable accounting standards, regulatory requirements, and internal policies.

Skills

Fund accounting

Financial reporting

Hedge fund accounting

Microsoft Excel

Enfusion by Clearwater

Tools

Enfusion by Clearwater

Microsoft Excel

Job description

• Manage the monthly, quarterly, and annual close processes for the fund and related entities
• Prepare and review financial statements, management reports, and supporting schedules
• Prepare and analyze fund-level profit and loss, performance, and variance reporting
• Oversee fund accounting activities, including portfolio transactions, investment activity, income, expenses, accruals, and allocations
• Review reconciliations between internal accounting records, the fund administrator, prime brokers, custodians, and other counterparties
• Monitor the accuracy and integrity of the fund's books and records
• Review investor capital activity, including subscriptions, redemptions, transfers, and capital allocations
• Coordinate with the fund administrator and other third-party service providers to resolve accounting and reporting discrepancies
• Support valuation processes and ensure investments are recorded in accordance with applicable accounting policies
• Manage the annual audit process and serve as a primary point of contact for external auditors
• Support tax reporting and coordinate with external tax professionals as needed
• Maintain and strengthen internal controls, accounting procedures, and financial reporting processes
• Produce timely financial and operational reporting for the CEO and senior leadership
• Identify opportunities to improve reporting, automate processes, and increase operational efficiency
• Ensure compliance with applicable accounting standards, regulatory requirements, and internal policies

Requirements

• Significant fund accounting experience as a Fund Controller within a hedge fund
• Experience supporting a hedge fund with more than $3 billion in assets under management
• Strong knowledge of hedge fund accounting, financial reporting, performance reporting, and investment-related accounting
• Demonstrated experience managing monthly close and financial statement preparation
• Experience working with Enfusion by Clearwater or another fund accounting platform
• Strong reconciliation, analytical, and problem-solving skills
• Advanced proficiency with Microsoft Excel
• Ability to communicate effectively with executive leadership, auditors, administrators, and other external partners
• Ability to work on-site in Midtown Manhattan every Tuesday, Wednesday, and Thursday

Core Competencies

Demonstrates extensive fund accounting expertise, particularly in hedge fund environments, with a strong focus on financial reporting, compliance, and operational efficiency. Proficient in managing close processes, investor capital activities, and coordinating with external auditors and service providers.

Highest-signal resume keywords

• Fund Accounting Experience
• Financial Reporting
• Hedge Fund Accounting
• Enfusion by Clearwater
• Microsoft Excel Proficiency

Hard Skills

• Fund Accounting
• Financial Statement Preparation
• Performance Reporting
• Variance Reporting
• Reconciliation
• Analytical Skills
• Problem-Solving Skills
• Monthly Close Management
• Internal Controls
• Tax Reporting

Soft Skills

• Effective Communication
• Collaboration with Leadership
• Interpersonal Skills

Industry Keywords

• Hedge Fund
• Assets Under Management
• Investment Accounting
• Regulatory Compliance
• Operational Efficiency

Tools & Technologies

• Enfusion by Clearwater
• Microsoft Excel