Fund Accounting Account Manager 12–8 p.m. EST / Part-Time Option

This role offers flexible scheduling options to support both end-of-day coverage and local hiring needs. It may be structured as a full-time position working approximately 12:00 p.m. – 8:00 p.m. EST, or as a part-time opportunity for candidates based in Maine.

About the role

As a member of the Fund Accounting team, you will:

• Record and reconcile all portfolio and fund activity for assigned clients
• Calculate the fund’s NAV adhering to industry standards and internal procedures
• Allocate profit and loss to investors including the calculation of management and performance fees
• Process and record fund expense payments and ensure cash wire requests are completed accurately and timely
• Generate and deliver fund and investor reports to fund managers and investors of assigned clients
• Prepare and deliver supporting materials as necessary for board meetings, financial statements, and audit and regulatory requests related to assigned clients
• Communicate with internal and external entities to ensure best-in-class service levels and build cooperative relationships
• Review fund’s net asset value (NAV), investor statements, and other work prepared by accountants for completeness and accuracy, measuring against industry standards and internal procedures
• Mentor, train, and support fund accountants
• Assure fund accounting tasks are completed accurately and timely

Requirements

The ideal candidate has the following:

• Three or more years of experience in fund accounting for hedge funds
• Comfort and proficiency acting as a primary liaison with fund managers and other fund service providers
• Familiarity with the types of investments held by hedge funds (a plus)
• Experience working with portfolio and investor accounting systems, particularly Advent Geneva World Investor (a plus)
• Experience working in an environment with internal control procedures, operating procedures, workflows, control checklists, and other elements of an internal control system (a plus)
• Experience with financial reporting, information security, and client, vendor, and risk management (a plus)
• Ability to learn complicated concepts quickly
• Proficiency with Microsoft Office, with advanced Excel skills (formulas, pivot tables, and filtering) required

Qualifications

• Four-year college degree, preferably in Accounting, Finance, Business Management, or Economics

Pay

The expected salary range for this role is $70,000 – $105,000. The actual salary will be determined based on relevant experience, skills, education, specific responsibilities, and internal equity considerations. This position is also eligible for a discretionary bonus based on individual and company performance.

Benefits

• Health & coverage: Medical (including HSA options), dental, and vision plans
• Financial protection: Company-paid life insurance and AD&D, with additional voluntary coverage options including short- and long-term disability
• Retirement & financial support: 401(k) with employer match and immediate vesting
• Student loan repayment support
• Tax-advantaged accounts: HSA and flexible spending accounts (medical and dependent care)
• Time off & flexibility: Paid time off and holidays aligned with the NYSE market calendar
• Additional programs: EAP, commuter benefits with employer contribution, employee referral program, and optional insurance coverage (critical illness, accident, hospital)
• Community engagement: Dedicated paid time to support causes and organizations meaningful to you

Schedule

• Full-time: approximately 12:00 p.m. – 8:00 p.m. EST
• Part-time opportunities available for candidates based in Maine

About the company

Stone Coast Fund Services is an award-winning, steadily growing hedge fund administrator based in Portland, Maine. We comprise over 200 professionals who deliver administration services to over 100 hedge fund managers nationwide. We hire carefully, treat people well, and are rewarded by low turnover in an industry where high turnover is the norm.

Our mission is to "take pleasure in work done well, and in working well together." We strive to develop and nurture relationships characterized by trust, respect, and affection, and look for colleagues and clients who share and reciprocate these values.

Our office is located in the heart of Portland’s Old Port waterfront, offering beautiful views of Portland Harbor and easy access to award-winning restaurants, cafes, museums, and shops. Living in Portland and surrounding areas offers excellent schools, minimal commutes, and proximity to beaches, mountains, and state parks.