What are the responsibilities and job description for the Portfolio Accountant position at Fortress Investment Group?
About Fortress
Fortress Investment Group LLC is a leading, highly diversified global investment manager with approximately $54 billion of assets under management as of September 30, 2025. Founded in 1998, Fortress manages assets on behalf of approximately 2,000 institutional clients and private investors worldwide across a range of credit and real estate, private equity and permanent capital investment strategies. Investment performance is our cornerstone - we strive to generate strong risk adjusted returns for our investors over the long term. For additional information on Fortress, please visit www.fortress.com.
Responsibilities
- Maintain accounting records for various SPVs across the Credit Funds
- Bi-weekly reviews of transactional activity booked by Operations staff
- Coordination and review of monthly reporting with fund administrator
- Coordinate with auditors on deliverables and assist in preparation of financial statements, footnotes and supporting schedules for audited vehicles
- Prepare financial statements for external reporting
- Assist in enhancement of accounting and reporting procedures
- Assist with various special projects on an ad-hoc basis
Skills Required
- A strong understanding of financial reporting systems, US GAAP, journal entries, financial statement preparation, procedures and controls
- Strong track record of delivering accurate, timely accounting information and reports
- Presence and poise to interact with internal and external groups
- Strong organizational skills, attention to detail, ability to work independently and prioritization capabilities to handle multiple responsibilities in a fast-paced environment
- The ability to manage multiple projects simultaneously
- Strong written and verbal communication skills
- Strong quantitative skills
- Advanced Excel skills
Qualifications
- Bachelor's degree in Accounting or Finance
- 2-4 years of public accounting and/or private accounting
- Experience in the financial industry or hedge funds is preferred
- Familiarity with waterfall models is preferred
- CPA license is a plus
The successful candidate will be:
- Bright and a quick learner, a self-motivated team player
- Proactive and high-energy with a hands-on approach to problem solving
- Flexible, adaptable, self-confident and able to work in a dynamic environment with changing priorities