P&L Associate

• Our client, is a multi-strategy hedge fund and investment management firm founded in 1989, headquartered in New York City, this firms operates across major financial centers including London, Hong Kong, and Tokyo. The firm is renowned for its diversified investment strategies, robust risk management, and a strong track record of delivering consistent returns to its investors.

  Investment Philosophy and Strategies

  Their investment philosophy is centered on a multi-strategy approach that leverages a broad array of investment techniques to capture opportunities across different asset classes and geographies. This diversified strategy allows the firm to mitigate risk and optimize performance regardless of market conditions.

  Role: P&L Associate

  • Assist with the monthly accounting close process of various investment partnerships

  • Coordination and management of firm wide P&L reporting – inclusive of medium and longer-term processes enhancement and project management.

  • Pricing – responsible for monitoring the intra-day pricing activity of all fixed income and equity instruments. In conjunction with risk and fixed income technology, establish procedures and methods for the pricing of instruments within the firm for both real-time and end of day.

  • P&L Explanation – part of the Middle Office function is to provide Trade Date and T+1 P&L explanation to both senior management and the portfolio managers.

  • Primary Interface – the middle office function will be the primary interface for the portfolio managers. As a single place that the portfolio managers can go to resolve pricing, position technology, risk and security related issues. The Middle Office will co-ordinate with the various departments to resolve all issues for the portfolio managers and co-ordinate the resolution of those issues.

  • Coordinate investment partnership activity directly with administrators

  • Prepare allocations of net income, capital draw-downs and distributions amongst the investors and review related investor statements

  • Prepare accounting entries in the general ledger

  • Preparation of balance sheet reconciliations

  • Assist in the preparation of the monthly investor reporting package for investors along with the monthly compliance for fund counterparties

  • Preparation or review of confirmations received from investors

  • Assist with year-end audit process

  • Prepare and review estimates, attributions, and ad-hoc projects

  • Assist with special projects and presentations