The Fund Accountant is responsible primarily for assisting with the oversight of the external administrator’s NAV packages for the Strategic Investment fund of funds (FoFs) and for the review and maintenance of internal portfolio reporting records. Additionally, the role will assist with the recalculation of client SMA sub manager and custody fees.
Specific duties include:
Prepare monthly NAV reconciliations/approval (third party reconciliation between administrator, custodian and Strategic) for all Strategic FoFs.
Assist in the preparation of compliance filings for Strategic FoFs (CPO PQR).
Assist with the full accounting, including preparation of financial disclosures, journal entries, and audits, for two Strategic entities that do not engage a 3rd party Administrator.
Assist with managing the outsourced valuation data gathering for all Strategic related investments, including reviewing the internal portfolio reporting records and related return calculations.
Assist in the calculation of Strategic’s assets under management.
Assist in the review and approval of SMA sub-manager and/or custody fees.
Communicate, support, and clear discrepancies with administrators, custodian, auditors, and client requests.
Maintain documented procedures and files.
Special projects as requested.
Bachelor’s degree in Accounting, Finance, or other related discipline.
Minimum of 2 years of experience with accounting principles and procedures. Financial industry with fund accounting experience a plus.
Understanding of and desire to learn more about investments, funds, hedge funds, and multiple investment vehicles.
Advanced proficiency with Excel; familiarity with G/L software helpful.
Strong proficiency in data entry and management.
Strong organizational, analytical, and quantitative skills.
Detail-oriented and ability to multi-task.
Integrity and ability to exercise discretion and maintain the confidentiality of sensitive and private information.
Ability to independently manage projects and meet deadlines under minimal supervision.
Excellent written and verbal communication skills.
Comfortable working in a demanding environment.
Ability to interface well with all departments and to represent the firm in a professional manner.
Must be equally skilled at working both independently and within a team.
Additional Salary Information: Commensurate with experience.
About Strategic Investment Group
Strategic Investment Group, a pioneer in dedicated Outsourced CIO (OCIO) solutions since 1987, offers a comprehensive service platform for managing customized portfolios for institutional investors. Our proprietary process combines active portfolio management, rigorous risk management, and open architecture manager selection. Strategic functions as our clients’ investment partner and co-fiduciary, effectively becoming an extension of their resources. Clients are then free to focus on their core missions, while we focus on providing the highly specialized portfolio management expertise that clients need to meet their investment goals.
We strive to build enduring partnerships with our clients by strengthening their investment programs through a dynamic, value-enhancing investment process, sound governance framework, and world-class client service. Our mission is to empower investors through experience, innovation, and excellence. Please visit our website at www.strategicgroup.com to learn more.