Job Function Summary

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 firms 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

• Fund Accounting & Reporting:
  • Oversee the accounting and reconciliation of fixed income-related enities, 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.
• Trade Support & Reconciliation:
  • Work closely with trading desks, operations, and counterparties to resolve discrepancies and ensure accurate reporting.
• Risk & Performance Analysis:
  • Provide insights into market trends and their impact on portfolio valuation and risk metrics.
• Process Optimization:
  • 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.
• Regulatory Compliance:
  • Ensure adherence to relevant regulatory frameworks, including GAAP, IFRS, and other applicable standards.
  • Prepare audit documentation and liaise with external auditors as needed.
• Cross-Functional Collaboration:
  • Partner with business managers, risk teams, middle office, compensation, legal and operations to provide accounting insights and support decision-making.
  • Act as a subject matter expert on fixed income accounting within the firm.

Qualifications/Skills Required

• Qualifications:
  • Education: Bachelors degree in Accounting, Finance, Economics, or a related field. CPA, CFA, or equivalent certification preferred but not required
• 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 is highly desirable.
• Technical Skills:
  • Proficiency in fund accounting systems (e.g., Geneva) is desireable
  • Advanced Excel skills; familiarity with data visualization tools and programming languages (e.g., Python, SQL) is a plus.
• Knowledge:
  • 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.
• Soft Skills:
  • 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. When finalizing an offer, we take into consideration an individuals experience level and the qualifications they bring to the role to formulate a competitive total compensation package.