Associate - Outsourced CFO for Hedge Funds, Private Equity, & Venture Capital Funds

RESPONSIBILITIES

• Provide outsourced CFO and Controller services to investment managers, hedge funds, private equity and venture capital clients.
• Review NAV packages and reconcile financial reporting and investor statements prepared by the fund administrator. This includes re-calculation of investor allocations, management fees and incentive allocation.
• For hedge fund clients, perform daily reconciliations between client’s OMS, fund administrator and prime broker/custodian. Also provide support for trade-break resolution, margin calls and other daily operational matters.
• For private equity and venture capital funds, review capital call calculations prepared by the fund administrator. Ensure calls and distributions are processed timely and accurately.
• Assist in the process for new fund launches:
• Review fund documents prepared by legal counsel including PPM, LPA, and subscription documents.
• Solicit bids and vet service providers on behalf of the client including audit/tax, fund administrator and banks/prime brokers.
• Open brokerage, bank accounts and lines of credit.
• Onboard all selected service providers and integrate each into the client’s operations prior to fund launch.
• Establish key policies and procedures including valuation policies, cash management controls, etc. 
• For management company clients, prepare financial statements, cash forecasts and budgets.
• Provide treasury management services for both fund entities and management company entities, including allocation of expense and processing of payments.
• Oversee the annual audit and tax preparation process for all client entities, including draft footnotes when necessary.
• Liaise with clients’ external auditors, administrator, HR/payroll, compliance and other service providers.
• Evaluate current financial and accounting processes for clients, propose improvements and help coordinate implementation efforts.
• Assist clients with special and ad-hoc projects.
• Provide operational support for clients and advise on various issues as they arise.

REQUIRED EXPERIENCE, SKILLS AND QUALIFICATIONS

• 3-5 years of experience in alternative investment management industry (Hedge Fund, Private Equity)
• Minimum of a Bachelor's degree in Accounting/Finance with strong academic credentials
• CPA is a plus
• Advanced Excel skills
• Industry specific software such as Enfusion, EZE, etc. is a plus.
• Exceptional attention to detail
• Desire to be part of an entrepreneurial environment and to help build a growing firm into a best-in-class industry partner
• Experience that demonstrates the ability to define, create and implement processes and procedures from the ground up
• Solutions oriented mindset with the ability to effectively use all available resources to solve challenging problems
• Ability to work in fast paced environment while effectively prioritizing tasks for multiple clients
• Ability to communicate effectively with clients and team members in a manner that instills trust and confidence 
• Awareness of one’s own impact on culture and a natural inclination to be a champion of best practices and to lead by example