This role will support fund accounting and financial reporting across the ILS fund complex as well as direct investment and hedge fund vehicles, working closely with portfolio managers and investor relations teams across these strategies.
Responsibilities:
- Responsible for financial reporting process, including but not limited to monthly performance estimates, close packages/NAV, allocations, waterfalls and fund returns for ILS, direct investment, and hedge fund vehicles
- Assist with the Fund Administrator responsible for the preparation of the investor reporting process including Monthly investor statements, annual audits and due diligence requests across ILS, direct, and hedge fund structures
- Assist in cash management forecasts and budgets to establish capital available for investment across the ILS, direct investment, and hedge fund portfolios
- Maintain expense register and ledger for expense budgeting, attribution, and forecasting
- Oversight and compliance of fund credit facilities by accurately comprehending and interpreting the agreement, while maintaining a thorough knowledge of the assets in the portfolio
- Perform data analysis on large asset portfolios including data reconciliation and calculation of portfolio compliance tests such as portfolio quality and concentration ratios
- Review management fee calculations and performance fee calculations, including incentive/performance fee structures common to direct investment and hedge fund vehicles
- Reply to investor queries around fund performance, NAVs, taxes, and other areas spanning ILS, direct, and hedge fund investors
- Assist audit and tax professionals in year-end audit and tax reporting for ILS, direct investment, and hedge fund entities
- Support the onboarding and integration of new direct investment and hedge fund vehicles into the fund accounting and reporting infrastructure
- Various ad-hoc requests from senior management, portfolio managers, and investor relations
- Assist with SEC or other regulatory compliance as required
Qualifications:
- Bachelor's or higher degree in Accounting or Finance
- Strong understanding of accounting theory and fund accounting and financial reporting
- 5-8 years accounting/finance experience; CPA a plus
- Experience with credit related products, including loan settlement and trade reconciliations is a plus
- Exposure to direct investment and/or hedge fund accounting/reporting is a plus
- Ability to act and operate independently with minimal daily direction from manager to accomplish objectives
- Ability to work cooperatively and collaboratively with all levels of employees, management, and external agencies to maximize performance, creativity, problem solving, and results
LI-MB1
LI-Hybrid
Applicants must be authorized and have the right to work in the country where the role is located without the need for current or future sponsorship.
Compensation Details
The salary range for this role is $160,000-$190,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
