Finance Manager - Fixed Income

<strong>Job Function Summary<br><br></strong>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 firm’s diverse portfolio. The ideal candidate will possess deep expertise in fixed income markets, fund accounting principles, and operational processes within a hedge fund environment.<br><br><strong>Principal Responsibilities<br><br></strong><ul><li>Fund Accounting & Reporting:</li><ul><li>Oversee the accounting and reconciliation of fixed income-related enities, including bonds, loans, repos, mortgage-backed securities, futures, options and swaps.</li><li>Ensure timely and accurate preparation of monthly, and quarterly NAV calculations for fixed income entities.</li><li>Collaborate with the broader accounting team to ensure compliance with internal policies and external regulatory requirements.</li></ul><li>Trade Support & Reconciliation:</li><ul><li>Work closely with trading desks, operations, and counterparties to resolve discrepancies and ensure accurate reporting.</li></ul><li>Risk & Performance Analysis:</li><ul><li>Provide insights into market trends and their impact on portfolio valuation and risk metrics.</li></ul><li>Process Optimization:</li><ul><li>Identify and implement process improvements to enhance the efficiency and accuracy of accounting workflows for fixed income products.</li><li>Leverage technology and automation tools to streamline reporting and reconciliation processes.</li></ul><li>Regulatory Compliance:</li><ul><li>Ensure adherence to relevant regulatory frameworks, including GAAP, IFRS, and other applicable standards.</li><li>Prepare audit documentation and liaise with external auditors as needed.</li></ul><li>Cross-Functional Collaboration:</li><ul><li>Partner with business managers, risk teams, middle office, compensation, legal and operations to provide accounting insights and support decision-making.</li><li>Act as a subject matter expert on fixed income accounting within the firm.<br></li></ul></ul><strong>Qualifications/Skills Required<br><br></strong><ul><li>Qualifications:</li><ul><li>Education: Bachelor’s degree in Accounting, Finance, Economics, or a related field. CPA, CFA, or equivalent certification preferred but not required</li></ul><li>Experience:</li><ul><li>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.</li></ul><li>Technical Skills:</li><ul><li>Proficiency in fund accounting systems (e.g., Geneva) is desireable</li><li>Advanced Excel skills; familiarity with data visualization tools and programming languages (e.g., Python, SQL) is a plus.</li></ul><li>Knowledge:</li><ul><li>Strong understanding of fixed income products, private credit, or other commonly traded financial instruments</li><li>Familiarity with regulatory requirements impacting hedge funds and fixed income trading.</li></ul><li>Soft Skills:</li><ul><li>Exceptional analytical and problem-solving abilities.</li><li>Strong communication and interpersonal skills to collaborate across teams.</li><li>Ability to work in a fast-paced, high-pressure environment with a focus on accuracy and attention to detail.<br></li></ul></ul><strong>Why Join Millennium Management?<br><br></strong>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.<br><br>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 individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.