What are the responsibilities and job description for the Fund Accountant, Absolute Return Strategies position at GCM Grosvenor?
Summary
As a key member of the Absolute Return Strategies Fund Accounting & Analysis team, this role is responsible for fund accounting and investment analysis for our managed partnerships and client accounts. This position requires a detail-oriented individual with a strong understanding of fund operations, financial reporting, and performance analysis.
As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays and Thursday.
Responsibilities
CULTURE
We are not afraid to think differently. Embrace new ideas. Dream big. Welcome change. We are a culture of empowerment, accountability, high performance, and trust. Successful team members are self-motivated and energized by working alongside thoughtful and smart colleagues in a fast-paced environment. Individuals who thrive on this team enjoy being a part of an organization focused on excellence. We look for naturally collaborative individuals who enjoy interacting at all levels of the organization.
DIVERSITY, EQUITY & INCLUSION
A diverse, engaged team is critical to our ability to successfully create and deliver value to our clients. We are committed to creating an inclusive environment where diverse professionals can thrive professionally, and we are dedicated to training, retaining, and promoting minorities, women, LGBTQ employees, veterans and individuals with disabilities. Over 55% of GCM Grosvenor employees and 43% of executive management are women and/or ethnically diverse individuals. In addition, we seek to drive a more diverse, inclusive industry through our partnership with diverse professionals organizations and by consciously working with subcontractors and vendors that are certified as minority-, women-, or persons with disabilities-owned businesses.
Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package.
CHICAGO ANNUAL PAY RANGE
$85,000—$110,000 USD
About The Firm
GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $86 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.
The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs.
The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.
EQUAL OPPORTUNITY EMPLOYER M/F/D/V
As a key member of the Absolute Return Strategies Fund Accounting & Analysis team, this role is responsible for fund accounting and investment analysis for our managed partnerships and client accounts. This position requires a detail-oriented individual with a strong understanding of fund operations, financial reporting, and performance analysis.
As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays and Thursday.
Responsibilities
- Perform day-to-day fund accounting and financial reporting for investment partnerships and managed accounts.
- Analyze and synthesize internal and external financial data to create client reports and deliverables.
- Act as a liaison between GCM Grosvenor and underlying fund managers/administrators to ensure accurate performance tracking.
- Calculate and validate underlying manager performance metrics with precision.
- Assist in preparing financial statements, audit support, and regulatory compliance reports.
- Conduct analytical review of weekly and monthly fund performance and investor reports.
- Support investment and client service teams by responding to ad hoc data requests.
- Participate in special projects and process improvement initiatives as needed.
- Bachelor’s degree in Accounting or Finance, with outstanding academic credentials.
- 2–5 years of experience in financial services, asset management, or public accounting, with a focus on investment partnerships, hedge funds, or private equity.
- Technical proficiency in MS Word, Excel, and Outlook; experience with PowerBI preferred.
- Accounting experience in hedge funds or alternative investments is highly desirable.
- Strong analytical skills with demonstrated attention to detail and accuracy.
- Ability to manage multiple projects in a fast-paced environment.
- Experience with financial reporting, auditing, and tax compliance is a plus.
- Effective communicator and collaborative team player.
CULTURE
We are not afraid to think differently. Embrace new ideas. Dream big. Welcome change. We are a culture of empowerment, accountability, high performance, and trust. Successful team members are self-motivated and energized by working alongside thoughtful and smart colleagues in a fast-paced environment. Individuals who thrive on this team enjoy being a part of an organization focused on excellence. We look for naturally collaborative individuals who enjoy interacting at all levels of the organization.
DIVERSITY, EQUITY & INCLUSION
A diverse, engaged team is critical to our ability to successfully create and deliver value to our clients. We are committed to creating an inclusive environment where diverse professionals can thrive professionally, and we are dedicated to training, retaining, and promoting minorities, women, LGBTQ employees, veterans and individuals with disabilities. Over 55% of GCM Grosvenor employees and 43% of executive management are women and/or ethnically diverse individuals. In addition, we seek to drive a more diverse, inclusive industry through our partnership with diverse professionals organizations and by consciously working with subcontractors and vendors that are certified as minority-, women-, or persons with disabilities-owned businesses.
Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package.
CHICAGO ANNUAL PAY RANGE
$85,000—$110,000 USD
About The Firm
GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $86 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.
The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs.
The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.
EQUAL OPPORTUNITY EMPLOYER M/F/D/V
Salary : $85,000 - $110,000
