Full-Time
Corporate Accountant
Posted on 6/27/2024
Verition Fund Management
501-1,000 employees
Multi-strategy hedge fund for investments
Mid, Senior
Greenwich, CT, USA
- Bachelor’s degree in Accounting; CPA preferred
- 3-5 years of experience including general ledger and monthly close procedures; “Big Four” experience preferred
- Proficient in accounting software and Excel; familiarity with Oracle Netsuite a plus
- Excellent analytical, decision-making, and problem-solving skills
- Outstanding communication and interpersonal abilities
- Highly organized, detail oriented, self-motivated and team player
- Able to multitask and embrace changing priorities
- Ensure accurate recording and maintenance of financial transactions within the general ledger, applying relevant US GAAP accounting principles and best practices
- Execute monthly close procedures within mandated timelines
- Analyze and reconcile general ledger accounts, prepaid expenses, receivables, accruals, and other balance sheet accounts, as well as, preparation of respective supporting workpapers and documentation; Prepare journal entries as needed
- Maintain fixed asset supporting schedules and ensure compliance with internal depreciation policies
- Contribute to process enhancement and development of best practices within Firm accounting systems, programs and procedures
- Assist with cash flow analysis and cash management
- Assist with periodic budget to actual reporting and analysis
- Ad hoc analysis and projects, such as expense reporting and analytics and annual audit support
Verition Fund Management is a hedge fund that employs multiple investment strategies to manage assets for institutional investors, such as pension funds and high-net-worth individuals. The firm focuses on various strategies including Credit, Fixed Income Macro, Convertible Volatility Arbitrage, Event Driven, Equity Long Short Capital Markets, and Quantitative Strategies. Their approach involves dynamic capital allocation, allowing them to adapt to changing market conditions and aim for absolute returns. Verition differentiates itself from competitors through its collaborative work environment and a strong emphasis on risk management, utilizing both internal and external analyses to maintain disciplined investment practices. The company's goal is to generate positive returns for its clients while fostering a culture of creativity and cooperation among its team.
Company Stage
N/A
Total Funding
$1.3B
Headquarters
Greenwich, Connecticut
Founded
2008
Simplify's Take
What believers are saying
- Exposure to a wide range of industries and companies can provide employees with diverse investment experience and knowledge.
- The firm's active investment strategy and frequent acquisitions suggest a dynamic work environment with opportunities for rapid career growth.
What critics are saying
- The broad investment strategy may expose the firm to higher market volatility and sector-specific downturns.
- Frequent acquisitions and stakes in various companies could lead to overextension and potential challenges in portfolio management.
What makes Verition Fund Management unique
- Verition Fund Management's strategy of diversifying investments across various sectors and companies, including technology, mining, and consumer goods, sets it apart from more specialized funds.
- Their ability to identify and invest in companies at different stages of growth, from newly public companies to established firms, showcases a versatile investment approach.
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