Quest Partners LLC
Operations & Fund Accounting Analyst
Quest Partners LLC, New York, New York, us, 10261
About the Role
Quest Partners is seeking an Operations & Fund Accounting Analyst to join our finance team to help with numerous initiatives across both operations and accounting. You will report into our Operations Technology Manager with a dotted line into our Controller.
Duties and Responsibilities:Oversee our main master-feeder structure as well as 11 separate accounts of varying structures including SMAs, fund-of-ones and a UCITS fund, in addition to an employee's only fundManage the full post-trade cycle, taking trades after execution to T0 trade matching/allocation to T1 reconciliations with brokers and administrators together with the Technical Operations Analyst
Product exposure includes: global futures and FX, US equities, US treasuriesLearn to operate our proprietary trade processing systems
Ownership of end-of-day flash PnL reportingDay-to-day management of the administrator including: review the fund administrator's NAV calculations and investor allocations, including expense accruals, financial statements, investor statements and transparency reportsConduct complex incentive fee calculationsSupport the annual audit and tax return processes - coordinating timelines and scheduling with audit and tax firms and fund administratorAssist with various fund accounting, operational and treasury process, including cash and collateral management between various PB's, FCM's and custodiansProvide data and information to, and collaborate with, various internal groups (internal relations, compliance, trading, etc.) and external parties (investors, managed accounts, service providers, etc.) as requestedLiaise with prime brokers on daily operational and accounting needs, in addition to monthly reporting requests and ad-hoc projectsWork closely with Controller and Operations Technology Manager on various ad hoc accounting & operational projectsExperience and Skills:
Bachelor's degree in accounting, finance, economics or related field; CPA is preferred2+ years of experience in accounting (audit or hedge fund), hedge fund operations or fund administration preferredPassion for the financial markets and working with large volumes of dataCapable of setting priorities and carrying multiple tasks in a fast-paced environment with strong attention to detail and the ability to adaptAbility to multi-task and work independently as well as in a team settingSelf-motivated and proactive, with strong written, oral communication and interpersonal skillsProficiency in Microsoft Excel and ability to work with various systems (accounting, treasury, OMS, etc.). Experience working with business intelligence apps is a plus.Willingness to learn technical skills is a plus - SQL, Python
Quest will not accept unsolicited resumes from agencies for this role or any others.
The base range for this role is expected to be between $70,000 and $100,000. This does not include other aspects of compensation such as discretionary bonus and a competitive comprehensive benefits package. Actual compensation offered to a candidate will vary within the range above depending on factors such as qualifications, education, and skill level.
By submitting the application, you are consenting to Quest Partners LLC using your mobile phone number for SMS messaging.
About the Firm
Quest is a quantitative investment advisor based in New York with over forty professionals and approximately $2.5 billion in assets under management as of May 31st, 2024. Quest was founded by Nigol Koulajian in March 2001 to pursue the development of specialized quantitative investment strategies with a focus on convexity. Quest's strategies seek to generate attractive absolute returns with significant positive skew while maintaining strong hedging characteristics particularly during tail events that may cause surprise losses in hedge fund and equity portfolios. The firm currently manages assets for some of the world's leading pension plans, family offices, fund-of-funds, foundations, and other institutional investors.
Quest Partners is seeking an Operations & Fund Accounting Analyst to join our finance team to help with numerous initiatives across both operations and accounting. You will report into our Operations Technology Manager with a dotted line into our Controller.
Duties and Responsibilities:Oversee our main master-feeder structure as well as 11 separate accounts of varying structures including SMAs, fund-of-ones and a UCITS fund, in addition to an employee's only fundManage the full post-trade cycle, taking trades after execution to T0 trade matching/allocation to T1 reconciliations with brokers and administrators together with the Technical Operations Analyst
Product exposure includes: global futures and FX, US equities, US treasuriesLearn to operate our proprietary trade processing systems
Ownership of end-of-day flash PnL reportingDay-to-day management of the administrator including: review the fund administrator's NAV calculations and investor allocations, including expense accruals, financial statements, investor statements and transparency reportsConduct complex incentive fee calculationsSupport the annual audit and tax return processes - coordinating timelines and scheduling with audit and tax firms and fund administratorAssist with various fund accounting, operational and treasury process, including cash and collateral management between various PB's, FCM's and custodiansProvide data and information to, and collaborate with, various internal groups (internal relations, compliance, trading, etc.) and external parties (investors, managed accounts, service providers, etc.) as requestedLiaise with prime brokers on daily operational and accounting needs, in addition to monthly reporting requests and ad-hoc projectsWork closely with Controller and Operations Technology Manager on various ad hoc accounting & operational projectsExperience and Skills:
Bachelor's degree in accounting, finance, economics or related field; CPA is preferred2+ years of experience in accounting (audit or hedge fund), hedge fund operations or fund administration preferredPassion for the financial markets and working with large volumes of dataCapable of setting priorities and carrying multiple tasks in a fast-paced environment with strong attention to detail and the ability to adaptAbility to multi-task and work independently as well as in a team settingSelf-motivated and proactive, with strong written, oral communication and interpersonal skillsProficiency in Microsoft Excel and ability to work with various systems (accounting, treasury, OMS, etc.). Experience working with business intelligence apps is a plus.Willingness to learn technical skills is a plus - SQL, Python
Quest will not accept unsolicited resumes from agencies for this role or any others.
The base range for this role is expected to be between $70,000 and $100,000. This does not include other aspects of compensation such as discretionary bonus and a competitive comprehensive benefits package. Actual compensation offered to a candidate will vary within the range above depending on factors such as qualifications, education, and skill level.
By submitting the application, you are consenting to Quest Partners LLC using your mobile phone number for SMS messaging.
About the Firm
Quest is a quantitative investment advisor based in New York with over forty professionals and approximately $2.5 billion in assets under management as of May 31st, 2024. Quest was founded by Nigol Koulajian in March 2001 to pursue the development of specialized quantitative investment strategies with a focus on convexity. Quest's strategies seek to generate attractive absolute returns with significant positive skew while maintaining strong hedging characteristics particularly during tail events that may cause surprise losses in hedge fund and equity portfolios. The firm currently manages assets for some of the world's leading pension plans, family offices, fund-of-funds, foundations, and other institutional investors.