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Hedge Fund Administrator I
NorthStar Financial Services
Chicago, IL, United States
Job Details - this job has expired, please see similar jobs below
Description
What you'll do:
• Interfaces with portfolio managers and investment professionals regarding investments in underlying funds and fund of fund vehicles
• Ensures periodic fund NAV, investor reporting and financial reporting deliverable deadlines are met.
• Executes, monitors and adjusts fund expense budgets and advisor reimbursements/waivers
• Calculates monthly management fees for each fund and distributes fee authorization to appropriate party
• Prepares, validates and/or assists in preparation of client accounts, reporting, financial statements, financial audit reporting and/or specific client reporting, including, but not limited to accruals, monthly, quarterly, and/ or annual financials packages for fund, portfolio company level and investor reporting as per administration & service level agreements
• Analyzes, researches, and ensures appropriate reconciliations surrounding investment activity /data i.e. bank accounts, expenses, income, gains, withholding, etc. are completed accurately and timely
• Prepares monthly, quarterly and annual client financial statements
• Performs periodic internal reporting to other groups (e.g. investor relations, regulatory reporting, fund metrics, AUM, fee revenue, investor data)
• Interacts with outside auditors and tax advisors in completion of year-end audits and tax returns
What experience you need:
• Fund accounting experience in a Hedge Fund, Hedge Fund Administration, Mutual Fund or other financial institution preferred
• Prior experience working with Bloomberg and IDC preferred
• Prior experience with futures, forwards, swaps, asset backed securities, options, fixed income and equities preferred
• Minimum of a Bachelor's degree in Accounting, Finance or equivalent required
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