Fund Accountant
Woodfield Fund Administration LLC - Chicago, IL

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DESCRIPTION

Woodfield Fund Administration LLC is an independent, third party administrator. We provide third party administration services to hedge funds, private equity funds, fund of funds and other similar entities. Our staff of more than 30 people serves over 115 funds located in the U.S. and around the world. Our clients range from small start-up funds to managers in excess of $1 billion in assets under management and represent a diverse mix of strategies and structures.

We are seeking an experienced Fund Accountant to join us in our Rolling Meadows or downtown Chicago offices and become a part of the Woodfield team.

DUTIES

  • Process trades, prices, and corporate actions into portfolio software daily, weekly or monthly depending on client needs.
  • Prepare daily, weekly or monthly deliverables as the client contract specifies which may include daily performance reporting to investors.
  • Reconcile portfolio to client and broker/counterparty; identify breaks and resolve with client and/or broker.
  • Seek efficiencies and enhancements to current processes and procedures.
  • Prepare standard journal entries and review account balances/classifications for potential over/under accrual situations.
  • Ensure investor allocations and fee calculations are accurate.
  • Documentation of financial statements, investor statements and maintenance of electronic work papers.
QUALIFICATIONS

  • An accounting or finance degree is required, however, the ideal candidate will have both an accounting and finance background.
  • 2-5 years of experience in the hedge fund or private equity industry. The ideal candidate will have operations experience with a fund or fund administrator. Experience with private equity would be a plus.
  • Working knowledge of various trading instruments such as equities, foreign equities, foreign currency, options, futures, forwards, swaps, bonds, and mortgage backed securities. Experience with bank debt would be a plus.
  • Need to have the ability to juggle multiple tasks and handle high pressure deadlines.
  • The successful candidate will be one that demonstrates a client focus and a desire to learn about the investment industry. The ideal candidate will also have the ability to research and resolve reconciliation issues per policies and procedures outlined.
  • Process trades, prices, and corporate actions into portfolio software daily, weekly or monthly depending on client needs.
  • Prepare daily, weekly or monthly deliverables as the client contract specifies which may include daily performance reporting to investors.
  • Reconcile portfolio to client and broker/counterparty; identify breaks and resolve with client and/or broker.
  • Seek efficiencies and enhancements to current processes and procedures.
  • Prepare standard journal entries and review account balances/classifications for potential over/under accrual situations.
  • Ensure investor allocations and fee calculations are accurate.
  • Documentation of financial statements, investor statements and maintenance of electronic work papers.

Woodfield Fund Administration LLC - 18 months ago - save job - block
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