Our client, a fast-growing hedge fund, is looking for a Vice President of Financial Control to join their growing team.
13th July, 2021
Our client is a fast-growing long/short hedge fund based in Fort Worth. Approaching $300 million in assets under management, their investment focus is on finding the highest quality businesses across the globe that have not yet attracted significant market coverage and have great upside. The management team has a proven track record of success and is rapidly adding to an already impressive number of well-known institutional investors. This is a tremendous opportunity for someone with high energy and a growth mindset!
The Vice President of Financial Control will be responsible for overseeing and maintaining the books and records for the full enterprise structure, as well as reporting to clients and the portfolio management team. Responsibilities will include: - Preparing and maintaining the books and records of the full company enterprise, including all investment sub-entities; - Accounting for and reconciliation of cash, investments and real property; - Recording and reconciling of purchase and sale transactions; - Researching and accounting for complex corporate actions; - Estimating and posting of monthly closing accruals; - Calculating of income and expense allocations to each partner, including updating of distribution waterfall based on the terms of the governing documents; - Determining and preparing distributions and draw-downs; - Preparing of monthly, quarterly, and annual financial reports to clients and internal team; - Coordinating with outside independent accountants, counsel, prime brokers and fund administrators
- Minimum 5 years relevant accounting experience within public accounting or a mix of public accounting and investment management industry experience; - Strong knowledge of cash and capital reconciliation; - Excellent understanding of accounting within an investment firm environment; - Proactive communication mindset; - Solid analytical skills and ability to understand and resolve complex problems; - Proficiency in Microsoft Excel and QuickBooks; and - CPA is preferred but not required