Hedge Fund Controller

Responsibilities

• Oversee the monthly close and NAV process for hedge funds, including general ledger maintenance, accruals, fee calculations, independent verification, exception escalation, and final approval.
• Prepare monthly management reports explaining NAV movements, investment performance, balance sheet changes, and key financial trends.
• Analyze performance by strategy and position type, identifying drivers of profit and loss, financing costs, fees, and currency exposure.
• Administer accounting for private and illiquid investments, ensuring appropriate instrument-level treatment and required fair value disclosures.
• Lead and develop the fund accounting team through hands-on support, coaching, and technical training.
• Establish accounting controls, reconciliation procedures, escalation protocols, and documentation standards to support accurate reporting and audit readiness.
• Supervise fund administrators, monitor service standards, resolve quality issues, and improve deliverables.
• Coordinate financial statements, regulatory filings, investor reporting, and external audits, ensuring accuracy and timely delivery.
• Streamline accounting and reporting workflows through process improvements and automation.
• Advise investment teams and senior management on the accounting and reporting implications of fund launches, new strategies, and significant transactions.

Requirements

• 15+ years of relevant accounting experience, including a combination of public accounting and in-house experience; Big Four background strongly preferred.
• Alternative investment industry experience required, with hedge fund experience preferred.
• Strong technical accounting expertise, including financial reporting, monthly close, NAV processes, and accounting controls.
• Knowledge of accounting for liquid and illiquid investments, including public securities, private investments, SPVs, and co-investments.
• Ability to analyze financial results, explain performance drivers, and improve accounting and reporting processes.
• Proven management experience with the ability to lead, coach, and develop accounting teams.
• Excellent written and verbal communication skills and the ability to build relationships with senior management and external service providers.
• Detail-oriented and highly analytical, with strong organizational skills and the ability to manage multiple priorities and meet deadlines.
• CPA required.

JobID: 48673