Senior Accountant - Retail Alts

Ultimus Fund Solutions; United States; Remote; USD 65,000 - 105,000; Full time

Job summary

Ultimus Fund Solutions seeks a qualified accountant with 3–5+ years in accounting or finance to support fund activity, performance reporting, and fee calculations. The role involves client interaction, onboarding, and contributing to audits.

The ideal candidate will hold a Bachelor’s in Accounting, with MBA/MSA preferred and CPA strongly preferred. Proficiency in Microsoft Office and HedgeTek/portfolio software is a plus, with a fast-paced environment and attention to detail.

Qualifications

• 3–5+ years’ experience in Accounting, Finance or related field.
• Bachelor’s Degree in Accounting or related field.
• MBA or MSA in Accounting strongly preferred.
• CPA license strongly preferred.
• Proficient in Microsoft Office; HedgeTek or other portfolio accounting software a plus.

Responsibilities

• 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 management.
• Review correspondence with clients to address inquiries.
• Maintain a controlled operating environment in line with internal controls.
• Indicate knowledge of investment vehicles commonly used by clients.
• Prepare/review incentive fee and management fee calculations.
• Participate in client audit engagements.
• Assist in development and training of new team members.
• Coordinate and complete special projects as directed by management.
• Assist with new client onboarding.
• Indicate understanding of fund documentation; review fund accountants’ funds and NAVs for accuracy.

Skills

Accounting experience

Multitasking

Detail-oriented

Client communication

Education

Bachelor's degree in Accounting

MBA/MSA in Accounting

CPA license

Tools

HedgeTek

HFPM

Portfolio accounting software

Job description

Responsibilities

• 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;
• Knowledge of Private and Registered fund structures 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.