Fund Accountant

MIO Partners, Inc. (MIO) provides proprietary investment products to McKinsey's retirement plan and partners and offers independent, high-quality financial advice to McKinsey's partners. We manage a wide array of investment vehicles with significant expertise and a long and successful track record in alternative strategies, including hedge funds and private equity. We have a multibillion-dollar portfolio of assets under management, and we manage assets for and advise only McKinsey-related clients; we do not accept outside or third-party investments.

MIO is a values-based organization that is strongly aligned with our investors' interests. MIO measures success as performance relative to a market-based benchmark.

MIO, a 250+ person registered investment adviser, provides ample opportunities for somebody with an entrepreneurial drive to shine. We strive to meet the highest professional standards and build an organization that attracts, develops, and retains exceptional people. MIO is a wholly owned subsidiary of McKinsey, but our activities are kept entirely separate from those of the consulting Firm.

• Accounting and administration of SMA vehicles
• Preparation and review of accounting records, financial statements, and tax work papers
• Reconciling month end NAV reporting from fund administrator and resolving discrepancies
• Uploading and reconciling transactions across various systems
• Coordinating with the Trade Operations group to troubleshoot cash, position, and market value reconciliation breaks
• Assisting in fund expense accrual budget and payment process
• Developing, monitoring, improving, and implementing internal controls, and policies and procedures where necessary

• Bachelor's degree in accounting or formal education in accounting and/or finance
• 1 - 4 years of experience in alternative investment fund accounting and reporting (hedge fund/private equity), CPA a plus
• Skilled in general ledger entries and transaction processing; extensive experience working through an audit process, preparing audited financial statements, expense accruals, and investor transaction review/processing
• Experience with various Management and Incentive Fee terms and calculations
• Basic knowledge of stocks, bonds, foreign currencies, various derivatives (exchange-traded and OTC), and other complex instruments

• Have the ability to work independently or in a team, depending on the nature of duties, including working with other functional areas of the organization
• Have a deep understanding of accounting principles and processes, including journal entries, balance sheet, and income statement presentation and results
• Possess attention to detail and time management skills with adherence deadlines and workflow while ensuring a high-quality work output
• Have strong communication, written, and interpersonal skills and the ability to develop critical relationships with both internal stakeholders and external counterparts with various levels of seniority
• Be technically sound with strong Excel skills and adept at working with various accounting systems and others
• Experience with Advent Geneva, Arcesium platform, and Duco software a plus