Fund Accounting, Associate

About Bridgewater

Bridgewater Associates is a premier asset management firm, focused on delivering unique insight and partnership for the most sophisticated global institutional investors. Our investment process is driven by a tireless pursuit to understand how the world’s markets and economies work — using cutting-edge technology to validate and execute on timeless and universal investment principles. Founded in 1975, we are a community of independent thinkers who share a commitment to excellence.

By fostering a culture of openness, transparency, and inclusion, we strive to unlock the most complex questions in investment strategy, management, and corporate culture. Explore more information about Bridgewater on our website here.

Our culture is anchored in excellence, meaning constant improvement, and it is deeply tied to our mission. Because markets are objective, competitive, and getting smarter everyday, we need to keep rapidly improving to have any chance of beating them. Truth is our most essential tool for engaging with the markets and constantly improving because once you know what's true about your problems and opportunities, you can determine how to get better.

Valuing truth means being transparent about your decision-making and mistakes, giving and receiving feedback with humility, and fighting for the best answers over hierarchy, ego, or self-interest. Operating this way is hard — it's only possible because we build meaning in our work and relationships. This meaning comes from the audacity of the mission, and the joy of working alongside people who make you a better version of yourself.

The culture, like Bridgewater itself, is always evolving. In 1997 our founder Ray Dalio wrote down his lessons, starting with a Philosophy Statement which remains our foundation. This later evolved into a set of 300+ Principles. In 2022, when Ray transitioned the company, we re-underwrote several of those principles and evolved others, with a specific focus on Meritocracy. Today the culture sits, alongside our people, as our most important edge.

When we get it right, it’s the engine that powers everything else.

The goal of the Operations Department is to enable Bridgewater's ongoing investment engine and client requirements by proactively driving solutions through effective management of people, process, and partners in a principled way.

About Your Role:
The Fund Accounting Associate is responsible for ensuring mission critical accounting responsibilities are delivered excellently for Bridgewater and our clients. The role is comprised of (1) monitoring and managing the deliverables and performance of outsource providers, (2) operating internal processes and procedures and (3) improving and evolving both (e.g., participating in initiatives enabling support of new products, markets and unique investor requirements, enhancing processes and controls, etc.).

One of the key advantages of the role at Bridgewater as compared to a traditional accounting role is that Associates are developed more as “generalists” who can understand the end-to-end processes, as opposed to being specialists in a particular product or process. We are seeking motivated, agile, and results-oriented people to be part of the team critical to enabling Bridgewater to implement new investment ideas rapidly and meet the increasingly sophisticated needs of our clients.

• Reviewing outsource partner deliverables for quality, accuracy and timeliness and troubleshooting as necessary when problems arise. Outsourcer deliverables include security and portfolio valuations (e.g. GAV, NAV), profit & loss reporting and performance returns, and account events (e.g. transfer-in-kind).
• Producing various internal and external reporting, including but not limited to client, regulatory, risk & control and management metrics.
• Acting as liaison between outsource partner(s) and internal BW departments (e.g. Trading/Account Mgmt., Client Service) for queries and providing subject matter expertise on various projects and initiatives.
• Identifying problems and inefficiencies with various…