Senior Accountant - Hedge Funds

Ultimus Fund Solutions; Columbus (OH); On-site; USD 65,000 - 90,000; Full time

Job summary

Ultimus Leverpoint is seeking an experienced accounting/finance professional in Columbus to manage portfolio activity, reconciliations, and client reporting. You will participate in incentive and management fee calculations and support client audits while maintaining strict internal controls.

The role requires a Bachelor’s in Accounting (MBA/MSA preferred) and CPA is advantageous. Strong Excel skills and attention to detail are essential in a fast-paced environment with multiple priorities.

Qualifications

• Bachelor’s degree in Accounting or related field required.
• MBA/MSA strongly preferred.
• CPA license strongly preferred.
• Proficient in MS Office; HedgeTek or HFPM experience is a plus.
• Ability to multitask and meet deadlines in a fast-paced environment.

Responsibilities

• Process portfolio activity and reconciliations with brokers, custodians, and clients.
• Prepare client reporting on accounts, performance, and trial balances.
• Calculate incentive and management fees.
• Support client audits and respond to inquiries.
• Assist in onboarding new clients.
• Maintain internal controls and documentation.

Skills

Attention to detail

Multitasking

Communication skills

MS Excel

Time management

Education

Bachelor’s Degree in Accounting or related field

MBA/MSA preferred

CPA preferred

Tools

HedgeTek or similar

HFPM or portfolio accounting software

Microsoft Office Suite

Job description

Responsibilities

• Process portfolio activity and perform reconciliations to broker/custodian/counterpart and/or client;
• Process account activity, performance, and trial balance reporting for clients’ funds/accounts;
• Process investor allocations and fees according to fund governing documents;
• Communicate with clients, custodians, third parties, and various levels of management;
• Review of correspondence with client to address inquiries as needed;
• Maintain a controlled operating environment in conjunction with company’s internal controls;
• Indicate knowledge of investment vehicles commonly used by clients;
• Prepare/review moderate to complex incentive fee calculations and management fee calculations;
• Participates in client audit engagement;
• Assist in the development and training of new team members as required;
• Coordination and completion of special projects as directed by the client or as directed by management as assigned;
• Assist with new client onboarding;
• Indicate thorough comprehension of relevant fund documentation; and
• Review fund accountants’ funds and NAVs for accuracy and appropriate documentations.

Qualifications

• 3 – 5+ years’ (relevant) experience in Accounting, Finance or related field preferred;
• Minimum of a Bachelor’s Degree in Accounting or related field;
• Advanced degree (MBA or MSA) in Accounting or related field strongly preferred;
• Certified Public Accountant (CPA) license is strongly preferred.
• Proficient in Microsoft Office Suite with knowledge of HedgeTek or other partnership accounting software and HFPM or other portfolio accounting software a plus;
• Ability to multitask, time management, attention to detail, planning and problem-solving skills required;
• Ability to communicate and interact professionally and effectively through written and oral communication with current and potential clients;
• Ability to work in a fast-paced environment and handle/manage multiple team and individual priorities and deadlines.

Ultimus Leverpoint is an equal opportunity employer and does not discriminate on the basis of the applicant’s or employee’s race, color, religion, national origin, ancestry, gender, sexual orientation, age, disability, veteran or military status, genetic information, citizenship or any other status entitled to protection under federal, state or local anti-discrimination laws. No questions on our employment application are intended to secure information that is to be used for impermissible purposes.