Note: The job is a remote job and is open to candidates in USA. HMG AMERICA LLC is seeking an experienced Fund Accounting Operations Analyst to support fund accounting, investment operations, and client onboarding for hedge funds, private equity funds, and other alternative investment vehicles. The role involves maintaining ledgers, performing NAV and reconciliation activities, supporting valuations and fund administration, managing client conversions, and improving processes through automation and AI.
Responsibilities
- Maintain fund general ledgers and process journal entries
- Perform daily, monthly, quarterly, and annual NAV-related activities
- Prepare workpapers, financial reports, and supporting accounting schedules
- Execute cash, position, and transaction reconciliations
- Support month-end and quarter-end close activities
- Calculate management fees, incentive fees, carried interest, and waterfall allocations
- Review and validate fund performance and valuation data
- Support hedge fund, private equity, and alternative investment structures
- Assist with security and investment valuations
- Perform trade lifecycle and investment accounting activities
- Coordinate with custodians, administrators, auditors, and portfolio managers
- Follow operational controls and applicable accounting policies
- Support or lead fund migration and onboarding activities for new clients
- Perform historical data conversion, validation, and reconciliation
- Reconcile data between legacy and target platforms
- Support UAT, parallel runs, transition activities, and issue resolution
- Prepare onboarding documentation and client communication materials
- Identify opportunities to improve operational efficiency and control effectiveness
- Use AI and automation tools to reduce manual effort and improve accuracy
- Participate in digital transformation and workflow-enhancement initiatives
- Develop and maintain process documentation, SOPs, and knowledge articles
- Partner with technology teams on automation and platform improvements
Skills
- • Bachelor's degree in accounting, Finance, Commerce, or a related field
- • 3+ years of experience in fund accounting or closely related investment accounting operations
- • Experience with journal entries, general ledger activities, reconciliations, and financial reporting
- • Understanding of hedge funds, private equity, mutual funds, or alternative investments
- • Strong analytical, problem-solving, and attention-to-detail skills
- • Advanced Excel skills and the ability to work with large financial datasets
- • Clear communication and stakeholder-management skills
- • Experience with Geneva, PCS, Investran, eFront, Allvue, Advent, or another fund accounting platform
- • Experience in a fund administration or asset-servicing environment
- • Exposure to client migrations, fund conversions, or new-client onboarding
- • Knowledge of AI, RPA, Microsoft Copilot, Power Automate, or similar automation tools
- • CPA, CA, CFA, or an equivalent financial certification is an advantage
Company Overview