Fund Accountant – Alternative Investment Funds

Position Overview

We are seeking a detail-oriented Fund Accountant to join a growing Investment Management Services team supporting alternative investment funds. This position will be responsible for maintaining accurate accounting records for assigned hedge and private equity funds, performing reconciliations, preparing financial reports, and communicating with internal and external stakeholders.

This is a great opportunity for someone looking to develop their career within fund accounting, investments, and financial services.

Key Responsibilities

• Maintain accurate accounting records for assigned hedge and private equity funds
• Price and maintain investment holdings using external pricing resources
• Perform timely Net Asset Value (NAV) and cash reconciliations
• Prepare accurate and thorough accounting reports and packages
• Research and resolve cash position breaks and reconciliation discrepancies
• Communicate with external investment managers regarding fund transactions, fee payments, cash positions, and other inquiries
• Support year-end audit engagements and provide necessary accounting documentation
• Assist with due diligence and help ensure compliance with applicable regulations and GAAP standards
• Work closely with internal and external clients to provide timely and accurate fund information
• Identify opportunities to improve accounting processes and procedures
• Collaborate with team members and other departments to meet client deliverables and deadlines

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics, Mathematics, or a related field
• Financial services experience preferred
• Internship or previous accounting experience is a plus
• Intermediate to strong Microsoft Excel skills
• Strong analytical and problem-solving abilities
• Excellent attention to detail
• Strong written and verbal communication skills
• Ability to manage multiple deadlines and client deliverables
• Strong customer service and relationship-building skills
• Interest in learning more about fund accounting, investments, hedge funds, and private equity

Position Details

• Location: Oaks, PA
• Schedule: Hybrid
  • Monday & Friday: Remote
  • Tuesday, Wednesday & Thursday: Onsite
• Assignment: 3+ month contract-to-hire
• Start: ASAP
• Interview Process: One Microsoft Teams interview
• Dress Code: Business casual
• Parking: Available

Ideal Candidate

The ideal candidate is analytical, detail-oriented, curious, and eager to learn. They should be comfortable working with financial data, performing reconciliations, communicating with clients, and working in a fast-paced, collaborative financial services environment.