Senior Fund Accountant – NAV & Digital Assets

DRW; Chicago (IL); On-site; USD 120,000 - 150,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k with match

Disability insurance

Health savings account

Flexible spending accounts

Job summary

DRW is seeking a Senior Accountant to join our accounting team supporting a growing investment platform. This role will own day‑to‑day fund accounting and NAV oversight for a portfolio of US and UK‑domiciled vehicles, working with Finance, Treasury, Back‑Office and Business Management teams across multiple currencies and instruments.

You will review NAV packages, investor reporting, and annual financial statements under US GAAP and IFRS, while coordinating with external auditors.

Qualifications

• Bachelor's degree in accounting
• CPA preferred, not required.
• 4–6 years of hedge fund accounting experience gained at a fund administrator, investment manager, or fund.
• Hands-on NAV preparation and review experience across a book of funds, including reconciliations, fee calculations, capital allocations, and investor reporting.
• Experience accounting for digital assets is a strong plus — particularly derivatives (perpetuals, listed and OTC options), on‑chain reconciliation, staking, and digital asset valuation considerations.
• Practical experience accounting for derivatives, including margin, collateral, and settlement.
• Exposure to alternative investment strategies is a plus.
• Working knowledge of fund structures: master‑feeder, standalone, parallel funds, and management company entities, across both US and offshore/UK vehicles.
• Strong command of US GAAP and IFRS as applied to investment companies (ASC 946 or equivalent).
• Multi‑currency accounting and FX translation experience.
• Advanced Excel skills and comfort working with large data sets across multiple source systems.
• Strong attention to detail, a high degree of ownership over your work, and the ability to manage competing deadlines in a fast‑moving environment.

Responsibilities

• Review and validate monthly and quarterly NAV packages prepared by third-party fund administrators; investigate and resolve breaks ahead of sign-off.
• Prepare monthly and quarterly investor reporting, performance figures, and management reporting packages, and ad-hoc reporting as needed.
• Support preparation of annual financial statements and footnotes under US GAAP and/or IFRS, and act as a day-to-day contact for external auditors through the year-end audit.
• Prepare and review journal entries, accruals, expense allocations, and management/performance fee calculations, including equalization, series accounting, and crystallization mechanics where applicable.
• Review investor-level allocations, capital activity (subscriptions, redemptions, transfers), and partner capital statements.
• Support valuation and accounting for less liquid and Level 3 positions, including pricing evidence, documentation, and fair value hierarchy classification.
• Contribute to process documentation and identify opportunities to improve and automate the accounting close as the platform scales.
• Serve as a day-to-day point of contact for administrators and auditors – Partner with Back-office, Treasury, Investor Relations, Legal, Business Management and the investment team to support the growth of the business and ad hoc analysis.

Skills

NAV preparation

US GAAP/IFRS

Multi-currency accounting

Derivatives accounting

Digital assets

Excel

Attention to detail

Deadline management

Fund structures

US/UK funds experience

Education

Bachelor's degree in accounting

CPA preferred

Tools

Excel

Job description

DRW is seeking a Senior Accountant to join our accounting team supporting a growing investment platform. This role will own day‑to‑day fund accounting and NAV oversight for a portfolio of US and UK‑domiciled vehicles, working with Finance, Treasury, Back‑Office and Business Management teams across multiple currencies and instruments.

You will review NAV packages, investor reporting, and annual financial statements under US GAAP and IFRS, while coordinating with external auditors.