Financial Analyst

Alternative Investment Services team provides fund administration based services to a wide range of legal structures including hedge funds, funds of hedge funds, private equity, private credit and real estate funds. In connection with providing administration services, the AIS Accounting Team is responsible for both portfolio accounting and fund accounting, which includes fee calculations and investor allocations. The AIS Accounting Team serves as an aggregator of data that is used to compile the fund’s Net Asset Value (NAV) on a pre-determined liquidity period (i.e. daily, monthly, quarterly).

Key Features:

• Accounting Book of Record (ABOR) - trial balances and other financial documents and reports
• Transaction processing
• Income/ accrual processing
• Fee calculations
• Security positional data
• Pricing based on vendor hierarchy and tolerances
• Portfolio Validation and Control Process
• Daily custodian reconciliation of cash and positions
• Monthly net asset value reconciliation
• Exception management
• Client dashboards/aging reports

Role Responsibilities:

• Process accounting and investment-related transactions
• Prepare, review or analyze trial balances and other financial documents and reports
• Monitor and resolve cash breaks with the aim of minimizing potential risk
• Account for hedge fund/alternative investment partnerships and share based entities
• Researches and resolves operational and/or accounting exceptions to ensure the accuracy of accounting data within portfolio
• Allocate income/expenses (including new issues, side pockets, side letters etc.)
• Read fund and legal documents in order to accurately and appropriately process transactions and/or calculate various fees/allocations.
• Calculate and account for management, incentive fees (including tiers and hurdles), and waterfall calculations
• Compute net asset value, (“NAV”) and investor level NAV estimates
• Compute various rates of return
• Perform related duties as assigned and ensure deadlines/deliverables are met in accordance with the internal and client SLAs
• Prepare or review investor and fund audit information and collaborate on financial statements
• Review operating procedures and ensure they are followed while performing tasks/processes.
• Maintain specific knowledge and skills that are essential in performing the role effectively
• Proactively share new ideas / process enhancements that could result in a benefit to the team

Candidate Qualification and Qualities:

• Bachelor’s Degree in Accounting or Finance degree.
• Basic understanding of financial products and accounting principles
• Strong analytical skills with focus on accuracy and attention to detail
• Client centric thinking
• Intellectual curiosity, investigative mindset
• Excellent communication skills, both written and oral
• Adapt to changes and new challenges
• Ability to work under time pressure
• Self-motivated and proactive team player who takes ownership and accountability
• Very good working knowledge of Excel

Job Type: Full-time

Salary: $30.00 - $40.00 per hour

Benefits:

• Dental insurance
• Health insurance
• Vision insurance

Schedule:

• 8 hour shift

Application Question(s):

• Are you currently employed full-time?
• Are you vaccinated:

Booster:

• Do you have a minimum of 3 years of Corporate Accounting or Financial Analysis experience?

Education:

• Bachelor's (Required)

Work Location: One location