Controller/Senior Associate of Fund Operations
Salary $95,000 - $120,000 per year + bonus
Consultant Max Zheng
Date posted February 19, 20192019-02-19 2019-03-25 financial-services permanent US Santa Monica California 90401 USD 95000 120000 120000 YEAR Robert Walters https://www.robertwalters-usa.com https://www.robertwalters-usa.com/content/dam/robert-walters/global/images/logos/web-logos/logo.gif
My client is a boutique hedge fund based in Santa Monica, California. Founded in 2007 as a funds-of-funds business granting institutional investors access to innovative asset managers. The role will manage all fund operations for hedge fund seeding and venture capital funds, and will be central to our efforts as we expand and scale.
- Fund Accounting and Venture Valuation:
You’ll work with the fund administrators on the monthly and quarterly NAV accounting for our hedge fund seeding and venture capital funds. This includes maintaining a shadow book to verify and approve the administrators’ calculations and leading the valuation committee in determining valuations for venture portfolio companies. Additionally, you will work with the fund’s auditors to finalize the annual audited financials.
- Fund Operations:
You’ll be responsible for all fund operations, including working with our Operations Analyst to plan and execute capital calls, perform cash reconciliations, manage fund wires and cash flows, and monitor and pay fund expenses.
- Firm-Level Finances:
You’ll work with the firm’s management in developing budgets and monitoring and forecasting cash flows for the firm.
- Fund Launches:
You’ll drive the operational aspects of launching new fund products, including onboarding service providers, opening bank accounts, and coordinating with internal and external legal counsel on entity formation and fund documents.
- Hedge Fund Seeding:
You’ll play an integral role in helping our hedge fund seeds launch and grow their businesses, leveraging your own expertise as well as that of our seed investors to provide best practices to seed managers. Your expertise will also contribute to our due diligence efforts on potential seeds.