What are the responsibilities and job description for the Fund Accounting Manager position at Cyperus Group LLC?
About the Company - Our client is a leading global alternative asset manager that manages nearly $30 billion in assets across hedge funds, private equity-style vehicles, and real estate assets. This dynamic firm specializes in value‐oriented, event‐driven, and distressed investments for endowments, foundations, pension funds, sovereign wealth funds, and other institutional investors. The firm was founded in 1990 and maintains offices in Dallas, Los Angeles, New York, London, Seoul, Shanghai, Tokyo, and Hong Kong. The firm has been an SEC registered Investment Adviser since 1994.
About the Role - Oversee accounting of hedge fund investment partnerships and separately managed accounts. Reconcile daily transactions to prime broker or custodian. Resolve discrepancies and communicate with client and administrator in a timely manner. Review month end valuation statements and ensure accuracy of financial reports provided to clients and administrators. Prepare financial statements for hedge funds. Provide performance analysis and reporting on accounts to investment analysts and managing partners. Initiate cash transfers, check disbursements and wire transfers. Assist auditors in the audit of hedge fund and separately managed accounts. Assist with the pricing and review of portfolio securities. Account for complex securities including derivatives, bank loans and private transactions. Processing and reviewing of bank loan activity. Review daily cash reconciliations and resolve any breaks. Work closely with fund administrators to help them understand nuances of a typical loan deal. Processing cash wires related to loan trades.
Responsibilities
- Oversee accounting of hedge fund investment partnerships and separately managed accounts
- Reconcile daily transactions to prime broker or custodian
- Resolve discrepancies and communicate with client and administrator in a timely manner
- Review month end valuation statements and ensure accuracy of financial reports provided to clients and administrators
- Prepare financial statements for hedge funds
- Provide performance analysis and reporting on accounts to investment analysts and managing partners
- Initiate cash transfers, check disbursements and wire transfers
- Assist auditors in the audit of hedge fund and separately managed accounts
- Assist with the pricing and review of portfolio securities
- Account for complex securities including derivatives, bank loans and private transactions
- Processing and reviewing of bank loan activity
- Review daily cash reconciliations and resolve any breaks
- Work closely with fund administrators to help them understand nuances of a typical loan deal
- Processing cash wires related to loan trades
Qualifications - Education: 4yr degree required in Accounting or Finance
Required Skills
- CPA license or equivalent certification strongly preferred but not required
- Proficient with Excel spreadsheets
- Strong communication skills
Preferred Skills
- 3-5 years of experience in public accounting
- Experience with investment accounting
Pay range and compensation package - Pay range or salary or compensation
Equal Opportunity Statement - Include a statement on commitment to diversity and inclusivity.
