Hedge Fund Accounting

2 days ago

Conshohocken, United States US Tech Solutions Full time

Duration: 12 + Months contract


Job Description:

** Hybrid: 3 days in office per week

** Must have : Recent hedge fund experience or recent NAV experience or capital statement experience


This position will work specifically within the Alternative Investment Services (AIS) team in support of Investment Teams (the Teams) within Investment Management. AIS currently supports 300+ investment vehicles that utilize a variety of alternative investment strategies and vehicle structures with total assets under management over $46 billion. The individual in this position will be responsible for operational and portfolio management support activities for private equity funds managed by the Teams, including fund of funds, co-investment, and separate account vehicles.


Responsibilities in this position will result in detailed knowledge of accounting and operations for the Teams portfolios, including investments in private equity funds, real estate funds, secondary investments, and co-investments as well as derivative investments, such as options and forward currency contracts. This position will also involve developing and maintaining external relationships with business stakeholders and third-party service providers to ensure proper support for the investment vehicles. This position will be located in the West Conshohocken, PA office.


Responsibilities:

· Actively monitoring critical investment and investor activity for multiple portfolios and custodian banks, ensuring proper settlement of transactions; developing significant level of expertise of the holdings, terms and transactions of multiple portfolios to provide intuitive and proactive oversight of these portfolios

· Overseeing third party service providers in posting activity to the portfolios; general ledger and maintaining portfolio activity in AIS’s parallel portfolio accounting system, Investran

· Reconciling transactions, valuations, management fees, carried interest calculations, P&L components, and other activity between Investran and the third party service provider's records on a monthly/quarterly basis to ensure accuracy

· Verifying accuracy of investor capital account balances, NAV allocations, and capital activity on a monthly/quarterly basis

· Validation of investor level capital call and distribution allocation calculations

· Understanding and interpreting underlying fund investment financial statements for the purpose of preparing and/or calculating their respective fair valuation amounts, which includes documentation based on various sources of investment information and detailed reviews of financial statements and quarterly reports for regular internal fair valuation committee meeting approval

· Generating cash projections, fund capacity calculations and investor capital calls/distribution calculations for the these portfolios

· Providing support for product, regulatory, and other audits; assisting with review of offering documents for new products and supporting other areas of product development, as needed

· Working effectively with third party service providers and internal parties to ensure a high level of service for the products; raising service issues in an appropriate manner and following up issues to resolution; creating or enhancing processes to improve the efficiency of the Teams

· Performing quarterly compliance reporting and highlighting instances in which there may be potential noncompliance with the products governing documents

· Signing-off on net asset value and performance-based information on a monthly/quarterly basis; providing regular daily support and responding to numerous ad-hoc requests from investment management, investors and other internal and external stakeholders

· Performing other related functions or responsibilities as needed or assigned


Experience:

· Bachelors degree, or equivalent, in Accounting, Finance, or related business field

· A minimum of three to five years of investment accounting experience

· Prior experience in private equity/real estate or private equity/real estate fund of funds investment accounting is preferred but not required. Knowledge of hedge fund accounting and/or derivatives, or experience with Investran, is a plus.


Skills:

· Bachelors degree, or equivalent, in Accounting, Finance, or related business field

· A minimum of three to five years of investment accounting experience

· Prior experience in private equity/real estate or private equity/real estate fund of funds investment accounting is preferred but not required. Knowledge of hedge fund accounting and/or derivatives, or experience with Investran, is a plus.

· Strong organizational and analytical skills and the ability to effectively summarize findings, both verbally and in writing, in a clear and concise manner

· Detail-oriented and highly motivated

· Ability to work effectively with minimal supervision

· Role is Hybrid and will require in office attendance 3 days/week


Education:

· Bachelors degree, or equivalent, in Accounting, Finance, or related business field



About US Tech Solutions:

US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. To know more about US Tech Solutions, please visit www.ustechsolutions.com.


US Tech Solutions is an Equal Opportunity Employer.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


Recruiter Details:

Name: Venkatesh

Email: Venkatesh.t@ustechsolutionsinc.com

Internal Id: 24-22771

  • US Tech Solutions | Hedge Fund Accounting | conshohocken, pa

    2 days ago

    conshohocken, United States US Tech Solutions Full time

    Duration: 12 + Months contractJob Description:** Hybrid: 3 days in office per week ** Must have : Recent hedge fund experience or recent NAV experience or capital statement experienceThis position will work specifically within the Alternative Investment Services (AIS) team in support of Investment Teams (the Teams) within Investment Management. AIS currently...

  • Private Asset Fund Accountant

    4 weeks ago

    Conshohocken, Pennsylvania, United States Hirtle Callaghan Full time

    We are seeking a highly skilled Private Asset Fund Accountant to join our Finance Team. As a key member of our team, you will be responsible for managing and validating the work of the third-party administrator, reviewing calculations of investor capital calls/distributions, and monitoring fund expenses.The ideal candidate will have a strong background in...

  • Private Asset Fund Accounting Specialist

    3 weeks ago

    Conshohocken, Pennsylvania, United States Hirtle, Callaghan & Co. Full time

    **Accountant Role Overview**Hirtle, Callaghan & Co. is seeking a Private Asset Fund Accountant to join its growing Finance Team.This role involves managing and validating the work of a third-party administrator, reviewing calculations of investor capital calls and distributions, and monitoring fund expenses.The ideal candidate will have a strong background...

  • Investment Accountant Investran Max 40hr W2

    3 weeks ago

    Conshohocken, United States Lenmar Consulting Full time

    Job Description Qualifications Bachelors degree, or equivalent, in Accounting, Finance, or related business field is preferred A minimum of three to five years of investment accounting experience Prior experience in alternative investment operations is preferred but not required; knowledge of hedge fund or private equity fund or derivatives accounting, or...

  • Fund Operations Associate

    2 months ago

    conshohocken, United States PPB Capital Partners Full time

    Join the team at PPB Capital Partners LLC! PPB has been ranked as one of the fastest growing companies and has received the Top Hedge Fund Solutions Provider award. We believe that our employees are the key to our success and we are currently seeking to add to our team of superstars! We need experienced Fund Operations professionals to grow with us as we...

  • Fund Operations Associate

    6 months ago

    Conshohocken, United States PPB Capital Partners Full time

    Join the team at PPB Capital Partners LLC! PPB has been ranked as one of the fastest growing companies and has received the Top Hedge Fund Solutions Provider award. We believe that our employees are the key to our success and we are currently seeking to add to our team of superstars! We need experienced Fund Operations professionals to grow with us as we...

  • Fund Operations Associate

    1 month ago

    conshohocken, United States PPB Capital Partners Full time

    Join the team at PPB Capital Partners LLC! PPB has been ranked as one of the fastest growing companies and has received the Top Hedge Fund Solutions Provider award. We believe that our employees are the key to our success and we are currently seeking to add to our team of superstars! We need experienced Fund Operations professionals to grow with us as we...

  • Business Operations Specialist

    4 weeks ago

    Conshohocken, Pennsylvania, United States Randstad Full time

    Job Summary:Randstad is seeking a skilled Business Analyst to join our team. The ideal candidate will have a strong understanding of accounting and operations for HFS portfolios, including investments in hedge funds, private equity funds, and co-investments.Responsibilities:Monitor critical investment and investor activity for multiple portfolios and...

  • Senior Associate/Vice President, Operational Due Diligence Specialist

    4 weeks ago

    Conshohocken, Pennsylvania, United States Hamilton Lane Full time

    Operational Due Diligence SpecialistHamilton Lane is seeking a highly skilled Operational Due Diligence Specialist to join their team in Suburban Philadelphia or London. As a key member of the Operational Due Diligence team, you will be responsible for performing comprehensive operational and back-office reviews of private market investment managers.Conduct...

  • Treasury Director

    4 weeks ago

    Conshohocken, Pennsylvania, United States Cencora Full time

    At Cencora, we are seeking a highly skilled Treasury Director to lead our global capital market activities, global hedging programs, and manage rating agency relationships. The successful candidate will have a strong background in finance, with at least ten years of experience in a Treasury or Treasury-related role. Key responsibilities will include...

  • Quantitative Engineer

    4 weeks ago

    West Conshohocken, Pennsylvania, United States Eliassen Group Full time

    Job Summary:Our client, a leading hedge fund solutions provider, is seeking a highly skilled Quantitative Engineer to join their team. The ideal candidate will have a strong background in data analysis, financial modeling, and software development.Key Responsibilities: Implement quantitative research projects Extend existing quantitative analytics code base...

  • Credit Risk Manager | Specialty Lending

    3 weeks ago

    Conshohocken, United States CBIZ Full time

    With over 120 offices and nearly 7,000 associates throughout the U.S. CBIZ (NYSE: CBZ) delivers top-level financial and employee business services to organizations of all sizes, as well as individual clients, by providing national-caliber expertise combined with highly personalized service delivered at the local level. CBIZ has been honored to be the...

  • Treasury Director

    4 weeks ago

    Conshohocken, Pennsylvania, United States Cencora Full time

    About the Role:The Treasury Director - Capital Markets and FX Risk Management will be responsible for leading global capital market activities, developing and implementing hedging programs, managing rating agency relationships, and overseeing cash forecasting and subsidiary capitalization.Key Responsibilities:Assist the Treasurer in global capital market...

  • Senior Associate/Vice President, Operational Due Diligence

    4 weeks ago

    Conshohocken, United States Hamilton Lane Full time

    Hamilton Lane is looking to expand our team to satisfy the needs of our growing client base. Hamilton Lane is built on collaboration, teamwork and integrity. Our employees pursue excellence and always strive to do the right thing. We invest in our employees, clients and partner relationships, as well as, in the technology and resources necessary to remain...

  • Corporate Legal Specialist

    4 weeks ago

    Conshohocken, Pennsylvania, United States Hamilton Lane Full time

    Hamilton Lane is seeking a skilled Paralegal to support the Legal group in various matters related to investment funds and separately managed accounts.The ideal candidate will have paralegal training and a minimum of two years of experience in a legal environment, preferably in a corporate department of a reputable law firm or in-house legal...

  • Corporate Paralegal Specialist

    4 weeks ago

    Conshohocken, Pennsylvania, United States Hamilton Lane Full time

    Hamilton Lane is a collaborative and innovative investment management company that is seeking a highly skilled Paralegal to join its Legal team. The successful candidate will provide critical support to the attorneys in the Legal group, primarily with respect to Hamilton Lane investment funds and separately managed accounts.Key Responsibilities:Assist...

  • Program Support Specialist

    3 weeks ago

    Conshohocken, United States Russell Tobin Full time

    Russell Tobins client is hiring a Program Support Specialist in Conshohocken, PA Employment Type: Contract Location: Hybrid Conshohocken, PA Pay rate: $27-$28.00/hr. Job Description: Under the direction of the Manager of Central Pay, the Central Pay Specialist manages and coordinates the complete enrollment or disenrollment process of pharmacy customers...

  • Program Support Specialist

    2 weeks ago

    Conshohocken, United States Russell Tobin Full time

    Russell Tobin's client is hiring a Program Support Specialist in Conshohocken, PA Employment Type: Contract Location: Hybrid Conshohocken, PA Pay rate: $27-$28.00/hr. Job Description: Under the direction of the Manager of Central Pay, the Central Pay Specialist manages and coordinates the complete enrollment or disenrollment process of pharmacy customers...

  • Program Support Specialist

    3 weeks ago

    conshohocken, United States Russell Tobin Full time

    Russell Tobin's client is hiring a Program Support Specialist in Conshohocken, PA Employment Type: ContractLocation: Hybrid Conshohocken, PAPay rate: $27-$28.00/hr.Job Description:Under the direction of the Manager of Central Pay, the Central Pay Specialist manages and coordinates the complete enrollment or disenrollment process of pharmacy customers into or...

  • Program Support Specialist

    3 weeks ago

    Conshohocken, United States Russell Tobin Full time

    Russell Tobin's client is hiring a Program Support Specialist in Conshohocken, PA Employment Type: ContractLocation: Hybrid Conshohocken, PAPay rate: $27-$28.00/hr.Job Description:Under the direction of the Manager of Central Pay, the Central Pay Specialist manages and coordinates the complete enrollment or disenrollment process of pharmacy customers into or...