Lead Fund Valuation & Controls — Credit Hedge Funds

WhiteCap Search; New York (NY); On-site; USD 150,000 - 190,000; Full time

Job summary

WhiteCap Search is assisting a premier investment firm in New York to recruit an experienced Fund Accounting professional who will oversee valuation and financial control for credit-focused hedge fund strategies. The role demands a self-starter who can manage valuation processes independently and collaborate with PMs, risk, operations, and external counterparties.

You will lead valuation review, develop automated P&L explain and attribution reporting, challenge pricing variances, and support new

Qualifications

• 8–10 years of fund control, valuations, or fund accounting experience.
• Strong understanding of credit products and hedge fund structures.
• Ability to challenge pricing and valuation assumptions constructively.

Responsibilities

• Own and manage fund control processes for hedge fund strategies focused on credit.
• Lead independent valuation review, including pricing sources and model inputs.
• Develop automated P&L explain and attribution reporting.
• Investigate valuation variances, stale pricing, and liquidity considerations.
• Support new product launches and lifecycle events with finance and controls.
• Maintain strong control standards across reconciliations, NAV, and month-end closes.

Skills

Valuation governance

Independent valuation

Hedge fund knowledge

Advanced Excel

Stakeholder management

Education

Professional accounting qualification

Tools

Fund accounting systems

Valuation platforms

Job description

WhiteCap Search is assisting a premier investment firm in New York to recruit an experienced Fund Accounting professional who will oversee valuation and financial control for credit-focused hedge fund strategies. The role demands a self-starter who can manage valuation processes independently and collaborate with PMs, risk, operations, and external counterparties.

You will lead valuation review, develop automated P&L explain and attribution reporting, challenge pricing variances, and support new