Fractional Fund/Portfolio Accountant (Advisor Network)

About Arootah

Arootah is a talent solutions firm purpose-built for the alternative investment industry. We advise and we execute, covering the full talent spectrum from entry to exit across five services: Talent Acquisition, Fractional Leadership, Talent Development, Retention & Compensation, and Transition.

Most talent firms solve one problem. Because we cover the full spectrum, we can help clients identify and solve the right one. We start with diagnosis, then deliver.

Our team has run alternative investment firms at the highest levels as COOs, CFOs, and CCOs. That operator experience, combined with 15+ years of alternatives-specific recruiting and a network of 700+ vetted advisors across 18 functional disciplines, is what makes the advice credible and the execution reliable. We also draw on a network of 600+ coaches, deploying those with specific experience guiding senior executives in the alternatives industry.

One industry. One talent partner. Entry to exit.

Learn more: https://arootah.com/

Who We’re Looking For Arootah is searching for experienced Portfolio and Fund Accountants to consult to our highly prestigious client base.  As a consultant, you will work with our Hedge Fund and Family Office clients to provide expert advice. Having previously served in this senior role, you have specific, hands-on experience performing the ongoing accounting needs for a leading Hedge Fund or Family Office. 
Core Areas of Expertise

• Best practice reviews. 

• Developing realistic and effective action plans.

• Breaking apart goals into actionable steps. 

• Advising on vendor selection and oversight.

• Creating and implementing policies, procedures, and control measures. 

• Evaluating each client’s advancement toward goal actualization through key performance indicators (KPIs) and scoring matrices. 

• Special projects or other areas of need.

• Working under the Director of Operations or Director of Fund Accounting, price the fund portfolio(s), process all accounting entries including corporate actions, contributions, withdrawals, and other fund and partner activity in order to produce P&L and performance reports.

• Prepare daily/monthly/quarterly tri-party position, cash, market value and accrual reconciliations with the Administrator and Prime Broker(s).

• Work with Administrators, Prime Broker(s) and executing parties on timely and accurate accounting and trade break resolutions including all cash and fund positions/securities.

• Review daily/monthly/quarterly Administrator NAV Packages and make updates to the portfolio accounting system if necessary.

• Liaise with fund administrator, auditors, and tax preparers to process and maintain fund accruals, expenses, management fees, and incentive allocation calculations and schedules.

• Prepare books and records as well as monthly/quarterly and annual financial statements, partner allocations and capital statements for partners and investment vehicles.

• Assist in the preparation of investor requests and reports.

• Prepare internal financial analysis, holdings and performance reports for internal stakeholders and investment personnel.

• Perform all accounting functions related to fund requirements including wire transactions, client reporting deliverables and ad hoc requests for partners, their constituents, and internal parties.

What You Bring

• A Bachelor’s Degree in Business, Accounting, Finance, Economics, or a related field. 

• A minimum of four years of professional experience in Portfolio or Fund Accounting or middle office operations with a Hedge Fund, Family Office, Alternative Investment Management firm or Hedge Fund Administration firm.

• Previous experience with portfolio and fund accounting software or applications (Eze, Advent, Aladdin, Portia, etc.).

• Knowledge of multi-asset sectors and investment types, including, but not limited to public equity (long/short), private equity, fixed income, and absolute return oriented multi-strategy.

• Highly proficient with Microsoft Office, advanced Excel skills

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