Fund Operations Associate - Outsourced CFO Hedge Funds, Private Equity Venture Capital Funds

Overview

Junonia Partners provides Outsourced CFO and Controller services to investment advisors across hedge funds, private equity, venture capital and institutional investors including foundations, RIAs and family offices. Our firm was built on the belief that sophisticated investment organizations require more than transactional support: they require disciplined financial infrastructure, operational rigor, and consistently accurate execution. We focus on designing durable solutions, strengthening control environments, and building scalable processes that support long-term performance.

Our professionals operate as primary financial and operational experts within our clients’ ecosystems, assuming responsibility for the integrity, structure, and execution of critical back-office functions. Rather than applying temporary fixes, we architect systems that enhance reliability, transparency, and efficiency across complex financial environments. Success in this role is defined by sound judgment, analytical rigor, structured problem-solving, and the ability to produce high-quality work under demanding conditions.

Build for tomorrow

Integrate long-term solutions and processes, not band-aids

Serve as a partner

Trusted advisor, not just a consultant or another service provider

Go the extra mile

Delivering what’s expected, on schedule is table stakes

Execution Is Foundational. Delivering accurate, timely work is the baseline expectation. Top performers distinguish themselves through precision, ownership, and their ability to solve complex operational challenges while maintaining exceptionally high standards.

Position Overview

We are expanding our team through the addition of Associates, Managers, and Directors who bring a strong foundation in investment operations and financial oversight. Each level carries increasing scope and autonomy based on experience and demonstrated capability.

Associates assume direct responsibility for core outsourced CFO and Controller engagements, including supporting fund launches and leading project-based initiatives. This role centers on ownership of time-sensitive financial and operational deliverables, ensuring consistency, accuracy, and structural soundness across client environments.

The position is designed for professionals who take satisfaction in solving complex operational problems, building efficient systems, and producing dependable, detail-oriented work. While collaboration is essential, performance is measured primarily through execution, reliability, and the ability to independently manage sophisticated workflows.

Work is varied and intellectually demanding, often requiring the evaluation of incomplete information, the establishment of new procedures, and the refinement of existing infrastructure as client strategies evolve. Strong candidates demonstrate accountability for outcomes, comfort operating with autonomy, and the capacity to prioritize effectively across multiple concurrent engagements.

This role provides exposure to diverse fund structures, strategies, and operational models, accelerating professional development well beyond more narrowly defined positions. It is particularly well suited for individuals motivated by mastery, technical competence, and the opportunity to build scalable operating environments within a growing firm. Advancement is performance-driven and based on demonstrated impact rather than tenure.

Responsibilities

• Provide outsourced CFO and Controller services to investment managers, hedge funds, private equity, and venture capital clients.
• Review NAV packages and reconcile financial reporting and investor statements prepared by the fund administrator. This includes re-calculation of investor allocations, management fees and incentive allocation.
• For hedge fund clients, leverage time-sensitive reconciliations of cash and P&L to identify issues, resolve breaks and drive upstream process improvements between the client’s OMS, the fund administrator, and the prime broker/custodian (tri-party reconciliation). Also provide operational support including but not limited to treasury management, locates, and margin calls.
• For private equity and venture…