Senior Accountant - Hedge Funds

Ultimus Fund Solutions; Columbus (OH); On-site; USD 70,000 - 95,000; Full time

Job summary

Ultimus Fund Solutions in Columbus, OH, seeks a Senior Fund Accountant to join our finance team. This role handles portfolio activity, reconciliations, client communications, and regulatory reporting to support multiple funds.

Ideal candidates have 3–5+ years in accounting or finance, a Bachelor’s in accounting, and preferably an MBA/MSA and CPA. Proficiency with MS Office and HedgeTek/HFPM helps.

Qualifications

• 3–5+ years of experience in Accounting or Finance.
• Bachelor’s degree in Accounting or related field.
• MBA or MSA in Accounting preferred.
• CPA license strongly preferred.
• Proficient with Microsoft Office; HedgeTek or HFPM experience a plus.
• Strong multitasking, time management, and attention to detail.
• Excellent written and oral communication with clients.
• Ability to manage deadlines in a fast-paced environment.

Responsibilities

• Process portfolio activity and reconciliations to broker/custodian/client.
• Process account activity, performance, and trial balance reporting.
• Process investor allocations and fees per governing documents.
• Communicate with clients, custodians, third parties, and management.
• Review client correspondence and address inquiries as needed.
• Maintain internal controls and operating environment.
• Indicate knowledge of investment vehicles used by clients.
• Prepare and review incentive and management fee calculations.
• Participate in client audits.
• Assist in training of new team members.
• Coordinate special projects for clients or management.
• Assist with onboarding new clients.
• Demonstrate thorough understanding of fund documentation.
• Review fund accountants’ NAVs for accuracy.

Skills

Accounting

Finance

Communication skills

Multitasking

Time management

Attention to detail

Problem solving

Client interaction

Education

Bachelor's Degree in Accounting

MBA or MSA in Accounting

CPA license

Tools

Microsoft Office Suite

HedgeTek

HFPM

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.