Quickbooks Accountant - Hedge Fund Operations

Client Overview:

A dynamic hedge fund management company that operates multiple investment funds with sophisticated investor allocation structures. They handle complex financial operations, including performance allocations to general partners and quarterly investor distributions. The company uses modern accounting systems and provides direct mentorship from experienced fund accounting professionals.

Job Highlights:

• Hourly Rate: USD 11.30, the equivalent in your local currency
• Paid Hours per Week: 20
• Schedule: Flexible within client business hours (Monday to Friday from 9 am to 5 pm)
• Work Arrangement: Work from home
• Contract: Independent Contractor

Side note: Since this is a permanent work-from-home position and an “Independent Contractor” arrangement, the candidates must have their own computer and internet connection. They will handle their own benefits and taxes. The professional fees are on hourly rates and the rate depends on your performance in the application process.

Responsibilities:

• Maintain accurate accounting records in QuickBooks for multiple hedge funds.
• Prepare monthly balance sheets and income statements for investment funds.
• Process and allocate investor contributions and distributions according to fund agreements.
• Calculate and record performance allocations to general partners based on fund profits.
• Process quarterly and monthly expense charges across fund portfolios.
• Handle accounting tasks during peak periods when banking information is received
• Work under the supervision of the in-house accounting manager to ensure accuracy and compliance.
• Support investor reporting and allocation processes for multiple fund entities.

Requirements:

• Advanced proficiency in QuickBooks accounting software.
• Strong understanding of private investment structures and hedge fund operations (required)
• Experience with balance sheet and income statement preparation.
• Knowledge of investor allocation methodologies and performance fee calculations.
• Strong attention to detail for handling sensitive financial information.

Independent Contractor Perks:

• Permanent work from home
• Immediate hiring

Reminder:

Kindly apply directly to the link provided; you will be redirected to BruntWork’s Career Site. Complete the initial requirements, including the voice recording, pre-screening assessment, and technical check of your computer/device.