Fund Accountant

Cowen Inc. is seeking an Associate to join its Fund Accounting team due to growth within the organization. 

The successful candidate will be responsible for executing, reviewing, and/or completing the monthly accounting and reporting processes for Private Equity and Hedge Funds. Financial instruments, traded within a single investment strategy include, but are not limited to, equity securities, options, fixed income, and derivatives. Fund products include entities that are fully serviced by an external administrator and prepared in-house.  The successful candidate’s experience will demonstrate the ability to work independently and be part of a larger team Specific responsibilities include:

• Cross team collaboration and interaction with external service providers, prime brokers and custodial banks.
• Calculation of daily fund P&L, performance, and alpha.
• Preparation / review of month-end and quarterly NAV and internal control packages.
• Verification of investor’s management, performance, and carry fee calculations.
• Private Equity experience is a plus. Prepare capital activity, capital calls, distributions, and exposure to waterfalls.
• Calculation and review of monthly and quarterly investor performance.
• Review of monthly investor statements.
• Preparing year-end financial statements in accordance with GAAP.
• Assist in other external audit related preparation and requests.
• Perform special projects and ad hoc reporting as required.
• Develop and improve workflows and procedures.