Fp&A Associate - $20B Aum Hedge Fund - $125,000 Base Salary + Bonus

Responsibilities

• Coordinate and manage the annual budgeting process by partnering with cross-functional teams. This role is the primary point of contact for the annual budget process and ongoing expense analysis throughout the year with a high level of visibility to all senior members of the Firm and will require constant communication with various teams and a comprehensive understanding of the operating expenses of the Firm and Funds.
• Develop a detailed understanding of the Firm’s multiple business areas and Fund structures.
• Work closely with developers to become the in-house expert on the customized planning model within Anaplan which is utilized for the budgeting process and expense tracking purposes. Assist in managing and maintaining the model throughout the year including ensuring data integrity between various accounting platforms and Anaplan models.

- Monitor, research and summarize actual to budget differences by supplier on a quarterly basis. Maintain detailed P&L analysis that can be easily leveraged to enhance recurring and ad hoc reporting.

- Prepare detailed semi-annual and annual supplier cost analysis for each department. Initiate discussions with budget owners throughout the year to ensure supplier services remain relevant, are actively being utilized by users, are being provided at market level and are being turned off when appropriate.

- Assist department managers in communicating their annual spend and budgets to Firm executives.

• Collaborate with AP, AR & FR teams to ensure P&L items are properly classified and coded and are in line with fund chargeability.
• Maintain, alter and modify the Firm’s cost allocation model and underlying statistics as needed to ensure costs are properly identified, aggregated and assigned to each of the Firm’s departments to accurately determine the profitability of each business area.
• Analyze profitability reporting to draw valuable insights for business areas and executive management.
• Calculate chargebacks for select Fund entities on a quarterly basis.
• Oversee the automated employee time collection process across back-office departments. Ensure Replicon, our web-based time tracking platform, is in line with the Firm’s latest Fund, Deal and Business structures.