Hedge Fund Controller

Hedge Fund Controller

Location:

Midtown Manhattan

Work Schedule:

Full-time, 40 hours per week
Hybrid

Schedule:

On-site Tuesday through Thursday; remote Monday and Friday
Anticipated

Start Date:

Week of September 14

Reports To:

CEO

A New York-based hedge fund is seeking an experienced Hedge Fund Controller to lead its fund accounting, financial reporting, and control functions. This individual will oversee the monthly close process, fund-level accounting, performance reporting, and coordination with internal and external stakeholders.

The ideal candidate is a hands-on fund controller experience supporting a hedge fund with more than $3 billion in assets under management. This is a highly visible position reporting directly to the CEO and requires strong technical accounting expertise, sound judgment, and the ability to operate effectively in a fast-paced investment environment.

• Manage the monthly, quarterly, and annual close processes for the fund and related entities.
• Prepare and review financial statements, management reports, and supporting schedules.
• Prepare and analyze fund-level profit and loss, performance, and variance reporting.
• Oversee fund accounting activities, including portfolio transactions, investment activity, income, expenses, accruals, and allocations.
• Review reconciliations between internal accounting records, the fund administrator, prime brokers, custodians, and other counter parties.
• Monitor the accuracy and integrity of the fund's books and records.
• Review investor capital activity, including subscriptions, redemptions, transfers, and capital allocations.
• Coordinate with the fund administrator and other third-party service providers to resolve accounting and reporting discrepancies.
• Support valuation processes and ensure investments are recorded in accordance with applicable accounting policies.
• Manage the annual audit process and serve as a primary point of contact for external auditors.
• Support tax reporting and coordinate with external tax professionals as needed.
• Maintain and strengthen internal controls, accounting procedures, and financial reporting processes.
• Produce timely financial and operational reporting for the CEO and senior leadership.
• Identify opportunities to improve reporting, automate processes, and increase operational efficiency.
• Ensure compliance with applicable accounting standards, regulatory requirements, and internal policies.

• Significant fund accounting experience as a Fund Controller within a hedge fund.
• Experience supporting a hedge fund with more than $3 billion in assets under management.
• Strong knowledge of hedge fund accounting, financial reporting, performance reporting, and investment-related accounting.
• Demonstrated experience managing monthly close and financial statement preparation.
• Experience working with Enfusion by Clearwater or another fund accounting platform.
• Strong reconciliation, analytical, and problem-solving skills.
• Advanced proficiency with Microsoft Excel.
• Ability to communicate effectively with executive leadership, auditors, administrators, and other external partners.
• Ability to work on-site in Midtown Manhattan every Tuesday, Wednesday, and Thursday.

• Experience overseeing relationships with fund administrators, prime brokers, custodians, auditors, and tax professionals.
• Experience improving or automating fund accounting and reporting processes.
• Strong understanding of complex investment products and hedge fund structures.
• Experience operating in a lean, high-accountability investment management environment.