Fund Accounting Director

Job Title: Fund Accounting Director

Location: New York

Job Type: Full Time - Hybrid

Compensation: 210k to 255k base Bonus

Summary

A multi-strat investment manager is seeking a Fund Accounting Director to oversee internal fund accounting operations, own the fund close and shadow accounting processes, and serve as the primary point of contact with the fund administrator while driving accurate reporting, strong controls, and scalable automation across the firm's investment vehicles.

Responsibilities

• Own monthly, quarterly, and annual close processes for funds and brokers
• Review and validate NAVs, P&L, capital activity, investor allocations, and fee calculations
• Oversee shadow accounting to independently verify administrator outputs
• Act as day to day liaison with the fund administrator on all accounting matters
• Review administrator deliverables including NAV packages, investor statements, and financials
• Reconcile positions, cash, and transactions across brokers, administrators, and internal systems
• Support accounting across multiple strategies, asset classes, and fund structures
• Prepare and review internal fund performance and management reporting
• Coordinate annual audits and serve as primary contact for external auditors
• Partner with tax advisors, compliance, operations, and portfolio management
• Support fund launches, strategy expansions, and investor onboarding
• Maintain and enhance internal accounting controls and documentation
• Identify and execute process improvements across fund accounting workflows
• Drive automation initiatives including data tools, reporting enhancements, and AI solutions
• Evaluate and implement new fund accounting and reporting technology
• Manage, mentor, and develop junior fund accounting staff
• Review team work product to ensure accuracy, timeliness, and consistency

Qualifications

• Eight plus years of experience in fund accounting, fund administration, public accounting, or investment management
• Experience supporting hedge funds or alternative investment vehicles
• Multi strat or multi asset strategy exposure strongly preferred
• Three plus years of direct people management experience
• Strong understanding of hedge fund accounting, NAV production, and fund administration processes
• Proven experience working closely with third party administrators and brokers
• Strong analytical, organizational, and communication skills
• Ability to operate in a fast paced, high growth investment environment