A Hedge Fund Accountant is part of a team of
accountants who monitor hedge funds and determine the value of their assets. As a Hedge Fund Accountant, you add up the values of the fund’s positions, and then track that sum on a daily basis. This lets you know how the fund is doing, and if it’s a worthy investment. In other words, you measure risk, and report your results to the Hedge Fund Managers.
Your other major role as a Hedge Fund Accountant is to manage the cash flow created by hedge funds, which can be very large and constant. Money may be consumed or produced by a hedge fund, and your job is to track all of that. Afterwards, you report your findings to investors. The reports will show basic info like how the fund’s assets have performed.
You can also use your accounting skills to analyze the assets of a complicated company or financial situation. You get to be the hero here, and impress your bosses with a job well done. That’s because if you do find a sound investment, that could mean a lot of money for your company’s clients, which means a lot of money for your company as well.