VP - Hedge Fund Accounting - Global Bank

The Alternative Investments & Manager Selection Group in represents over $80 billion in assets under management with professionals across offices in New York, London, San Francisco, Tokyo, Hong Kong and Bangalore. The businesses include Global Manager Strategies (GMS), Hedge Fund Strategies (HFS) and the Private Equity Group (PEG). Across each business, the teams focus extensively on portfolio construction, monitoring and risk management.  The Fund Accounting team in Controllers is seeking a Vice President to support the HFS business within AIMS. The HFS Group manages approximately $20 billion of client capital in fund of hedge fund portfolios

Responsibilities:

• Responsible for daily and monthly oversight of fund accounting for Hedge Fund of Funds and direct trading strategies
• Verification of weekly net asset valuations
• Monthly financial statement preparation/ BHC and other regulatory reporting
• Perform oversight and manage relationships with multiple 3rd party administrators
• Support Institutional Client Reporting and other  groups in providing various financial data
• Annual audit preparation and review of financial statements on annual/semi-annual basis
• Support portfolio management and other areas of Controllers on various special projects
• Prepare financial analysis and various presentations to Offshore Funds’ Board of Directors
• Assist in the launch and development of new Hedge Fund products

Product Control - Credit P&L and Valuation

The Senior Associate or VP will support the Credit Opportunities Fund business.

The successful candidate will be responsible for reviewing the Credit Opportunities strategies and the reconciliation of the P&L with desk estimates.

The candidate will assist with the monthly price verification process and the reconciliation to the Fund Administrator.

He/She will heavily interact with traders, strategists and support areas such as Operations, Risk, Technology and Investor relations.

Principal Responsibilities:

• Preparation and reporting of global daily PnL for Credit Opportunities Hedge Fund
• Perform monthly price verification review for various products such as cash, options, and all credit derivative products, Total Return Swaps, Equity Swaps and Bank loans
• Develop a broad understanding of the business, information flows and accounting procedures
• Monthly review and reconciliation of PnL and inventory versus the external fund administrator
• Develop a broad understanding of the Hedge Fund business
• Responsible for ensuring and developing sound control procedures around P&L processes and reporting
• Preparation of management reports and analysis to assist portfolio management and finance managers in handling and understanding the business

Experience desired

Experience dealing with credit products from an audit, reporting or valuation perspective.

Controller – ETF advisor

Commodity pool operator and commodity trading advisor to 11 NYSE/Arca listed ETF funds which have approximately $11.0 Billion AUM. 

The commodity advisor is seeking to appoint a Controller who will be responsible for all aspects of the financial oversight of the 11 funds and the advisor business.  

The position will be based in New York and will report to the business CFO.

Responsibilities will include:

• Service provider relationship management - relationship manager for the following service providers to the funds: Fund Administrator, External Auditor, Tax Advisors and Outside Legal Counsel
• External Financial Reporting - Quarterly SEC reporting: preparation of fund 10Q's/10-K's for filing with the SEC
• Management Reporting - Monthly internal reporting for the commodity pool advisor entity;  updating the books and records of the commodity pool advisor to recognize revenues and expenses - the management fee income and service provider expenses
• Tax Reporting - Primary contact to PWC with oversight responsibility for all tax matters related to Commodity Services
• Compliance - Primary contact to Compliance dept for all CFTC matters related to Commodity Services
• Business Development and Growth Initiatives - Support business leaders including the CEO to advance
• Business growth - Upcoming new product launches; improve business support infrastructure
• Governance matters - Support the board of managers of the Advisor to meet any governance and fund oversight requirements

A CPA with 8+ years experience in Public and/or Private

Senior Accountant - Exchange Traded Funds

Commodity pool operator and commodity trading advisor to 11 NYSE/Arca listed ETF funds which have approximately $11.0 Billion AUM. 
The commodity advisor is seeking to appoint a Senior Accountant who will assist in all aspects of the financial oversight of the 11 funds and the advisor business.  
The position will be based in New York and will report to the business Controller.
Responsibilities will include: 
Service provider relationship management --  relationship manager for the following service providers to the funds: Fund Administrator, External Auditor, Tax Advisors and Outside Legal Counsel
External Financial Reporting  --  Quarterly SEC reporting: preparation of fund 10Q's/10-K's for filing with the SEC
Management Reporting   --  Monthly internal reporting for the commodity pool advisor entity;  updating the books and records of the commodity pool advisor to recognize revenues and expenses - the management fee income and service provider expenses
Tax Reporting  --  Primary contact to PWC with oversight responsibility for all tax matters related to Commodity Services
Compliance  --  Primary contact to Compliance dept for all CFTC matters related to Commodity Services
Business Development and Growth Initiatives  --  Support business leaders including the CEO to advance business growth: upcoming new product launches; improve business support infrastructure
Governance matters  --  Support the board of managers of the Advisor to meet any governance and fund oversight requirements