Description
Finance Manager - Fixed Income
Millennium Management, a leading global multi-strategy hedge fund, is seeking a highly skilled and detail-oriented Manager to join our Fund Accounting team, focusing on fixed income strategies.
This role is integral to ensuring the accurate accounting, reporting, and operational oversight of fixed income-related investments within the firm's diverse portfolio.
The ideal candidate will possess deep expertise in fixed income markets, fund accounting principles, and operational processes within a hedge fund environment.
Principal Responsibilities
- Oversee the accounting and reconciliation of fixed income-related entities, including bonds, loans, repos, mortgage-backed securities, futures, options, and swaps.
- Ensure timely and accurate preparation of monthly and quarterly NAV calculations for fixed income entities.
- Collaborate with the broader accounting team to ensure compliance with internal policies and external regulatory requirements.
- Work closely with trading desks, operations, and counterparties to resolve discrepancies and ensure accurate reporting.
- Provide insights into market trends and their impact on portfolio valuation and risk metrics.
- Identify and implement process improvements to enhance the efficiency and accuracy of accounting workflows for fixed income products.
- Leverage technology and automation tools to streamline reporting and reconciliation processes.
- Ensure adherence to relevant regulatory frameworks, including GAAP, IFRS, and other applicable standards.
- Prepare audit documentation and liaise with external auditors as needed.
- Partner with business managers, risk teams, middle office, compensation, legal, and operations to provide accounting insights and support decision-making.
Qualifications/Skills Required
- Education: Bachelor's degree in Accounting, Finance, Economics, or a related field.
- Experience: 10+ years of experience in a hedge fund, asset management firm, fixed income trading environment, or public accounting firm with a focus on hedge funds.
- Technical Skills: Proficiency in fund accounting systems (e.g., Geneva) is desirable.
- Advanced Excel skills; familiarity with data visualization tools and programming languages (e.g., Python, SQL) is a plus.
- Strong understanding of fixed income products, private credit, or other commonly traded financial instruments.
- Familiarity with regulatory requirements impacting hedge funds and fixed income trading.
- Exceptional analytical and problem-solving abilities.
- Strong communication and interpersonal skills to collaborate across teams.
- Ability to work in a fast-paced, high-pressure environment with a focus on accuracy and attention to detail.
Why Join Millennium Management?
Millennium Management is a premier global hedge fund with a reputation for excellence and innovation. As a Manager in Fund Accounting, you will have the opportunity to work alongside some of the brightest minds in the industry, contribute to the success of a world-class investment platform, and advance your career in a dynamic and rewarding environment.
The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a total compensation package that includes a base salary, discretionary performance bonus, and a comprehensive benefits package.