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Posted: Friday, November 17, 2017 2:34 PM

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Fund Accounting is responsible for all of the day-to-day accounting entries required to prepare NAV packages, monthly and quarterly investor reports, and other client deliverables. Each member of Fund Accounting has a dedicated group of Funds that they are responsible for preparing with the assistance of their Analyst(s). Funds fall into one of four market sectors – Hedge Funds, Credit Funds, Private Equity Funds, and Real Estate Funds. The team will work closely with Financial Control who will be responsible for providing final sign-off and review functionality. Fund Accounting also works closely with Client Service Account Managers.

Primary Responsibilities include, but are not limited to, the following:

Overseeing daily portfolio reconciliation of complex derivatives strategy including credit default, interest rate, cross currency and total return swaps; repos and reverse repos; foreign currency forwards, futures and options; swaptions, etc.; loans, equities, bonds and treasuries.
Ownership of client deliverables related to the NAV process including financial statements, investor statements, and other ad-hoc reporting as required.
Calculate complex management fees, incentive fees, and allocations.
Direct supervision of Associate level staff dedicated to your assigned group of funds and delegation of tasks to promote an efficient workflow while maintaining quality and accuracy of work.
Provide transparent feedback, train and coach direct reports while being a champion of the Cortland brand.
Identify and execute on efficiency and process improvement opportunities and communicating improvements to management and other internal teams, as well as address risks as raised by support team.
Lead client communications while being proactive on weekly/monthly calls and ad-hoc as required.
Translate client requests into actionable deliverables and coordinate with team members, as well as Client Service team to manage deadlines and client expectations.
Work with members of the Financial Control, Client Service, Implementation, and Technology teams to streamline production and enhance policies and procedures.
Ensure strong internal and external communications on status, issues, and expectations.
Build relationships with responsive, confident communications and attention to detail.
Create every component of financial statement drafts, including footnotes and tables, as well as lead discussions with auditors.
Experience, Education and Qualifications:

Experience with complex derivatives a must (CDS, IRS, TRS, repos, swaptions, FX, etc.), and the ability to speak on these types of instruments at a high level.
Bachelor’s degree in Accounting, Finance or other business with relevant work experience preferred.
4+ years of finance or accounting experience.
Direct fund administration experience (Hedge / Credit Funds) is a strong plus.
Prior experience managing and directly overseeing a team is desired.
Proactive, client service approach with strong verbal and written communication skills and ability to collaborate with internal and external parties to meet deadlines and resolve issues.
Outstanding organization, prioritization and attention to detail; poised in a deadline driven environment.
Proactive interest in learning, inquiry, and mastering new investment concepts, new accounting rules, and new service processes is required.
Recruit, train, manage and develop a team of accounting and financial reporting professionals.
CPA/CFA or CPA/CFA eligibility a plus.
Cortland values intellectually curious professionals who are interested in aggressively learning and sharing new concepts and skills collegially and independently. Salary is based on experience, skill level and education for the target position.

Cortland Capital Market Services is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

Job Type: Full-time

Required experience:

Fund Accounting Supervisor or Manager: 1 year
Fund Accounting: 3 years
Investment Calculations: 3 years

**Please include resume (in word format) when replying to Ad. Thank you**

• Location: Chicago

• Post ID: 82706827 illinois
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