Bachelor's degree in Accounting, Finance, Economics, or related field.
4+ years of experience in financial services, especially in hedge funds or fund accounting.
Strong knowledge of global financial instruments—equities, fixed income, options, swaps, futures, foreign exchange.
Excellent attention to detail and multitasking capabilities.
Proficient in advanced Excel and portfolio accounting systems like Enfusion and Geneva.
Responsibilities
Review monthly NAV packages and update portfolio accounting systems.
Build and maintain fund accrual schedules and calculate management/performance fees.
Process, record, and reconcile performance reporting and transactions.
Prepare and manage daily, monthly, and tri-party reconciliations.
Collaborate with clients, prime brokers, and internal teams to resolve issues.
Benefits
Comprehensive benefits package promoting well-being and work-life balance.
Generous paid time off, increasing 4 weeks over time, plus sick time and paid holidays.
Health benefits covering medical, dental, vision, and mental health support.
Paid parental leave policy and a hybrid work schedule for better personal balance.
Full Job Description
Job Description
What you'll do
You'll review monthly NAV packages, update portfolio accounting systems as needed, and maintain accurate fund accounting records.
You'll build and maintain fund accrual schedules, calculate management and performance fees, and review monthly valuation reports with third-party valuation firms.
You'll process, record, and reconcile performance reporting, contributions, distributions, corporate actions, and expense payments.
You'll prepare and manage daily, monthly, and tri-party reconciliations of positions, trades, cash, market values, and accruals, ensuring accuracy between client records and custodians.
You'll collaborate with clients, prime brokers, and internal teams to resolve trade breaks, manage subscription and redemption documentation, and support ad hoc requests.
What we offer
IQ-EQ offers a comprehensive benefits package designed to support employees' well-being and work-life balance.
Employees receive generous paid time off, including 4 weeks of PTO that increases over time, sick time and paid holidays, and financial wellness is supported through a 401(k) plan with a company match (subject to eligibility).
Health benefits include medical, dental, vision, mental health support and additional ancillary insurance plans.
Additional benefits include paid parental leave and a hybrid work schedule, promoting both personal and professional fulfillment.
The salary for this position will be dependent on experience and location ($70,000-$100,000).
Qualifications
You have a bachelor's degree in Accounting, Finance, Economics, or a related field, with at least 4 years of experience in financial services, preferably in hedge funds, fund accounting, or middle office operations.
You possess strong knowledge of financial instruments, including equities, fixed income, options, swaps, futures, and foreign exchange across global markets.
You demonstrate excellent attention to detail, multitasking abilities, and strong accounting and analytical skills to support complex financial processes.
You communicate effectively through strong written and verbal skills, with the ability to build and maintain positive client relationships.
You are proficient in advanced Excel and portfolio accounting systems such as Enfusion and Geneva, while being hardworking, dependable, punctual, and professional.
