Fund Accountant at Schonfeld

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

21 Jan, 26

Salary

140000.0

Posted On

23 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Excel, Alternative Investments, Detail Oriented, Team Focused, Self-Motivated, Financial Controls, Regulatory Reporting, Ad Hoc Requests, Performance Fees, Reconciliation, Audit Assistance, Data Automation, Python, SQL, Advent Geneva

Industry

Financial Services

Description

The Role We are seeking a highly qualified Accountant to join our Fund Accounting team. This team is responsible for the accounting and reporting as it relates to the Funds. They interact with various groups within the firm on a regular basis as well as with external parties such as investors, managers, fund admin, and other service providers. The candidate should bring a strong sense of personal responsibility and ownership of assigned projects and tasks. What you’ll do The Fund Accountant will work on all aspects of the month end close process including estimated reporting and issuing monthly final statements to our investors. This person will review and reconcile monthly workbooks between Schonfeld and the administrator, review the calculation of portfolio manager performance fees as well as investor subscription docs and redemption requests, reconcile pnl breaks between our internal system and the administrator, review portfolio manager budgets and monthly funding requests. and create and maintain various workpapers (e, g, accrual tracker, portfolio manager terms, new issue p&l calculation of investor capital and fees, etc.). He/She will assist with the annual fund financial statement audit process and related tax statement preparation and help with internal regulatory and compliance reporting and ad hoc interdepartmental requests. This individual will work on ad-hoc and longer term team projects. This person will utilize our internal accounting software, Geneva, to book and upload monthly accounting entries. They will also assist with monitoring and maintaining appropriate financial controls, policies and procedures to support existing operations and continued growth. What you’ll bring What you need: A bachelor's degree in Accounting Strong working knowledge using Excel (e.g. pivot tables, v and h lookups, index match, etc.) 2-5 years of relevant work experience in alternative investments asset managers. Process and detail oriented with a strong work ethic and team focused attitude Able to adapt to frequent changes in the business operating environment Highly organized and self-motivated Able to work well independently and coordinate with various individuals internally and externally. CPA preferred but not required. We’d love if you had: Familiarity with Python, SQL, basic AI or other scripting and data-automation tools. Working knowledge of Advent Geneva Mix in public accounting/buy side experience Who we are Schonfeld Strategic Advisors is a global multi-strategy, multi-manager investment platform that harnesses the transformative power of people to perform in all market environments. Our dynamic culture inspires better outcomes for our team, our investors, and our partners. We aim to consistently deliver risk-adjusted returns, with people driving performance. We specialize in four core strategies: Quantitative Trading, Fundamental Equity, Tactical Trading, and Discretionary Macro & Fixed Income. We capitalize on inefficiencies and opportunities within the markets, drawing from a significant investment in proprietary technology, infrastructure, and risk analytics. We invest through internal portfolio managers and external partner funds, pursuing alignment among investors, investment professionals, and the firm. Our footprint spans 7 countries and 19 offices. Our Culture Talent is our strategy. We believe our success is because of our people, so putting our talent above all else is our top priority. We are teamwork-oriented, and collaborative, and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning & educational offerings and opportunities to make an impact. We foster a sense of belonging among all of our employees with Diversity, Equity, and Inclusion at the forefront of this mission. Our employees value diversity across identity, thought, people, and perspective which serves as the foundation of our culture. As a firm, we are committed to creating a hiring process that is fair, welcoming, and supportive. The base pay for this role is expected to be between $120,000 and $140,000. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience. #LI-MM1

Responsibilities

The Fund Accountant will manage the month-end close process, including reporting and issuing statements to investors. They will also review reconciliations, assist with audits, and maintain financial controls.