Assistant Controller (Hedge Fund Accounting & Operations) Full Time NEW

• Location: New York, NY
• Type: Perm (Contingency)
• Job #47958
• Salary: $140,000

Job Overview – Assistant Controller (Hedge Fund Accounting & Operations)

Compensation: $140,000 – $175,000/year + bonus

Location: New York, NY

Schedule: Monday to Friday (In-Office)

Atlantic Group is hiring an Assistant Controller (Hedge Fund Accounting & Operations) in New York, NY for our client. This in-office role supports hedge fund accounting and operations across SMAs and a flagship master-feeder structure, including shadow books, expense allocations, trade operations, and reconciliations. You will gain exposure to multi-asset strategies including equities, derivatives, commodities, and FX, making this ideal for an experienced hedge fund accounting professional seeking expanded operational exposure within a fast-paced investment platform.

Responsibilities as the Assistant Controller:

• Shadow Accounting & Books and Records: Maintain shadow books across SMAs and master-feeder structures, ensuring accuracy and completeness.
• Fund Accounting & NAV Support: Oversee expense allocations, NAV validation, and coordination with external fund administrators.
• Trade Operations & Allocations: Manage trade allocations, settlements, and reconciliations across multiple asset classes.
• Multi-Asset Reconciliation Oversight: Reconcile activity across equities, swaps, FX, commodities, futures, options, and other derivatives.
• Service Provider & Process Management: Liaise with prime brokers and administrators while supporting workflow improvements and internal controls.

Qualifications for the Assistant Controller:

• Education: Bachelor’s degree in Accounting, Finance, or a related field required.
• Experience: 6+ years of hedge fund accounting and operations experience within macro, multi-strategy, or equity long/short funds.
• Industry Knowledge: Strong understanding of hedge fund structures, including master-feeder funds and separately managed accounts, with exposure to complex derivative instruments.
• Technical Skills: Advanced Excel proficiency required, with experience working with portfolio accounting systems, reconciliation tools, or fund accounting platforms preferred.
• Compliance & Controls: Familiarity with internal control frameworks, financial reporting processes, and coordination with external auditors and administrators preferred.
• Skills & Attributes: Highly analytical, detail-oriented professional with strong problem-solving skills, sound judgment, and the ability to manage multiple priorities in a fast-paced investment environment.

Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.