Fractional Fund/Portfolio Accountant (Advisor Network)

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Finance & AccountingAccountant

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Quick Summary

Overview

Opportunity Overview Arootah engages a curated network of senior operators to support clients across the alternative investment industry, including hedge funds, private equity firms,

Technical Tools

Finance & AccountingAccountant

Arootah engages a curated network of senior operators to support clients across the alternative investment industry, including hedge funds, private equity firms, and family offices. Advisors are deployed on project-based engagements when client needs match their expertise. Joining the network does not guarantee placement; it provides access to opportunities as they arise.

What We Offer

~4 min read

✓Alt-industry-only engagements with hedge funds, private equity firms, and family offices

✓Project-based work that fits around existing commitments

✓Client origination and engagement management handled by Arootah; advisors focus on delivery

✓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.

✓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

✓Excellent analytical and problem-solving skills with ability to multi-task.

✓Attention to detail and capable of taking initiative.

✓Strong team player with an entrepreneurial predisposition and strong interpersonal skills to effectively work across all levels of the firm.