Fund Accountant, Strategic Investments Group

SUMMARY

We are seeking a highly motivated and detail-oriented Fund Accountant to join our Strategic Investments Group. This individual will be responsible for the accounting and operations of hedge funds, private equity funds, and/or related investment vehicles. Our hybrid employees are typically in the office Tuesdays, Wednesdays, and Thursdays to promote collaboration.

RESPONSIBILITIES          

• Perform day-to-day accounting and reconciliations for multi-asset class and/or private credit portfolios.
• Process investment activities across various asset classes including public and private equities, public and private debt, swaps, options, and forwards.
• Review monthly and/or quarterly valuations for Level I, II, and III securities.
• Complete internal and external reporting for assigned funds, including investment performance analysis, exposure reporting, marketing materials, and GCM corporate deliverables.
• Oversee third-party administrators’ work, including issuing capital activity notices, calculating management and performance fees, finalizing net asset values, and distributing capital statements.
• Coordinate with service providers to complete compliance filings and issue financial statements.
• Act as primary point of contact between GCM and investment sponsors.
• Collaborate effectively with internal teams including legal, tax, treasury, client services and investments.
• Manage and provide guidance to outsourced operations providers.
• Respond to ad-hoc requests from internal and external stakeholders.
• Lead special projects and process improvement initiatives, as requested.

EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS

• BA/BS in Accounting/Finance with outstanding academic credentials; applicable coursework or internship in the field of investments or financial markets.
• 2-4 years of experience working for a financial services firm or top-tier accounting firm.
• CPA preferred.
• Accounting experience in private equity, hedge funds, or similar alternative products is preferred.
• Experience with general ledger and/or portfolio software, such as Advent Geneva preferred.
• Technical proficiency in Microsoft Excel and Power BI.
• Demonstrated team player, self-starter and independent thinker with excellent judgment.
• Ability to manage multiple tasks while working in a fast-paced environment with a high level of flexibility, accuracy, and attention to detail.
• Knowledge of partnership accounting, as well as exposure to financial reporting, auditing and tax.

In terms of cultural fit, the successful candidate will be self-motivated and energized by working amongst a group of thoughtful, smart and successful colleagues. He or she will enjoy being part of an organization focused on excellence and will be a naturally collaborative person who enjoys interacting with individuals at all levels. Additionally, he or she will be a strong team player with a proactive approach and the ability to exercise discretion and judgment.