Senior Portfolio Accountant

Vaco by Highspring; Boston (MA); On-site; USD 120,000 - 140,000; Full time

Job summary

Vaco by Highspring is seeking a Sr. Portfolio Accountant for a reputable hedge fund in Boston. This role involves managing accounting processes, including trade capture and P&L reporting, providing a dynamic workplace for those with experience in investment management.

Benefits

Discretionary bonuses

Medical benefits

401(k) retirement plan

Qualifications

• 5-8 years in fund accounting, hedge funds preferred.
• CPA or progress toward CPA a plus.
• Strong understanding of investment accounting.

Responsibilities

• Manage daily and monthly accounting processes for portfolios.
• Prepare monthly and quarterly NAV packages.
• Liaise with external service providers.

Skills

Analytical skills

Communication skills

Organizational skills

Detail-oriented

Excel

Education

Bachelor's degree in Accounting

Tools

Portfolio accounting systems

Job description

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This range is provided by Vaco by Highspring. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$120,000.00/yr - $140,000.00/yr

Direct message the job poster from Vaco by Highspring

Director of Recruiting and Business Development at Vaco

Vaco Boston has partnered with a highly reputable hedge fund in Boston and they are looking to bring on a Sr. Portfolio Accountant to their team. The role will be responsible for managing the daily and monthly accounting processes for multiple portfolios. This will include trade capture, valuation, reconciliation, P&L reporting and interaction with brokers and administrators.
Responsibilities

• Maintain portfolio accounting for hedge fund strategies including equities, fixed income, derivatives, and structured products
• Review and reconcile daily trades, positions, and cash balances between internal systems, prime brokers, and fund administrators
• Prepare monthly and quarterly NAV packages and investor reporting
• Analyze daily and monthly P&L and performance reporting
• Ensure compliance with fund documents and accounting policies
• Assist with annual audit process and financial statement preparation
• Liaise with external service providers, including fund administrators, auditors, and custodians
• Support the implementation of new systems, process improvements, and controls
• Work closely with operations, compliance, and portfolio management teams
  

Qualifications

• Bachelor's degree in Accounting, Finance, or related field; CPA or progress toward CPA a plus
• 5-8 years of relevant experience in fund accounting, preferably with a hedge fund or fund administrator
• Strong understanding of investment accounting and financial instruments, including derivatives
• Experience with portfolio accounting systems
• Advanced Excel skills; experience with automation tools a plus
• Excellent analytical and communication skills
• Highly organized, detail-oriented, and able to manage multiple deadlines
  

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Accounting/Auditing

• Industries

  Investment Management

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