Compensation Accounting Manager

New York, NY

Job Description

  • Oversee the compensation accounting process for the investment and non-investment staff for a global, multi-strategy/multi-manager hedge fund from its launch. Be a key senior member of the team responsible for designing and building systems and processes from Day 1.  
  • Create and manage the annual payout process for portfolio manager teams, many with complex and bespoke terms. Partner with internal legal and business teams to build and manage a process to integrate a Finance/Compensation review during the candidate offer stage as well as a final onboarding process.  
  • Build and manage the month-end close process for all compensation related accruals for a full pass-through structure. Create a daily accrual process, partner with internal fund accounting and corporate accounting teams to build a coordinate and controlled end to end process.  
  • Manage service providers (and over time hire internal resources where needed) and create KPI’s / metrics to build and measure accountability.  
  • Build and lead the financial planning and analysis for forecasting future growth of the organization in terms of headcount, portfolio management team profitability, and other forecasts across multiple scenarios. 
  • Build and oversee the payroll operations for the firm and coordinate with Human Resources, other Finance teams, and third-party providers to manage the processes for a large, global firm with offices in at least 4 countries 


  • 8+ years of relevant accounting/finance experience, including experience managing teams. 
  • CPA (or equivalent designation) and public/private accounting is preferred. 
  • High attention to detail and a mindset focused on controls. 
  • Ability to work at a high growth firm in a fast-paced environment.  
  • Good communication skills and the ability to interact with a wide range of departments including senior management, legal, portfolio managers and senior business managers and other parts of the organization in the US and internationally. 

Hedge Fund


$200,000 - $225,000

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