irenic capital management lpColumbus, OH
Fund Accounting & Operations Manager
Fund Accounting & Operations Manager
Fund Accounting & Operations Manager
irenic capital management lpColumbus, OH
yesterday
Portfolio Management and Investment AdviceOpen-End Investment FundsMiscellaneous Financial Investment Activities
Apply for this role →Irenic Capital Management is an investment firm with ~$2.8B of assets under management. The firm invests in event driven situations with an activist overlay.
Irenic is hiring a Fund Accounting & Operations Manager to support and partner with our existing Assistant Controller and our CFO / CCO in building out our back-office infrastructure. The position is located in Columbus, Ohio.
The Irenic team comprises 22 people consisting of 16 investment, and 6 non-investment professionals. We have a collaborative, team-based culture that puts a high priority on intellectual honesty, candid debate, and excellence across all tasks. This role is an opportunity to get in on the ground floor of a growing firm, provides a wide range of exposure to different parts of the business, and can take on larger responsibilities as we scale.
Key Responsibilities:
Assist with the review of month/quarter-end NAV reconciliation process, including investor allocations and statements, management / incentive fee calculations and expense accruals
Support the preparation and review of financial statements in coordination with the fund administrator and external auditors
Assist with oversight of the annual tax return process across all fund entities, including coordination of K-1 preparation and delivery to investors in partnership with external tax accountants
Assist with all aspects of trade allocation and settlement, PnL and exposure reporting, and treasury functions related to capital calls and distributions
Collaborate closely with outsourced service providers to manage cash and position reconciliation and trade affirmations
Liaise with counterparties, fund administrator, executing brokers, OMS/PMS vendor, relating to all portfolio and trade issues
Support business spend management and expense allocation software for tracking of vendors, budgeting, and invoices across management company and funds; coordinate on expense approvals, payments, reporting, and reconciliation
Assist with required regulatory filings, 13F, Form PF, Form ADV
Participate in the launch of new funds and special purpose vehicles alongside the back-office team, including reviewing legal documents, coordinating account openings, completing required forms, and following up with internal and external contacts
Prepare ad hoc requests from management and investment team members
Support investor relations functions including responding to ad hoc investor inquiries related to capital account statements, tax documents, and periodic reporting
Assist with management company financials, including vendor relationships, budgeting, and expense allocation across entities
Partner with the team to identify and implement process improvements to enhance operational and accounting efficiency as the firm scales
Requirements:
Bachelor’s degree with strong academic performance
5-10 years of experience; mix of public/private or fund administrator/private is preferred
Experience with fund accounting, investor reporting, or trade operations at a hedge fund, fund administrator, or public accounting firm
Advanced Microsoft Excel skills and working knowledge of Portfolio Accounting system (Enfusion) a plus
Must be highly detail oriented, flexible, and able to work within a team-orientated environment as well as independently
Proven ability to multi-task and wear several hats in a fast-paced environment
Self-drive to consistently learn new skills and methodologies
Experience working on Financial Statements / audit process
Deep intellectual curiosity and with an aptitude for process improvements and efficiency enhancements
*Irenic is an Equal Opportunity Employer. Irenic is committed to the principles of equal employment opportunities for all employees and applicants for employment.
Also on the board Same function, level within a rung
Level
Lead
Location
Columbus, OH
Occupation
Accountants and Auditors
Industry
Portfolio Management and Investment Advice
Posted
yesterday