Fund Operations Manager

About Pearl Talent

Pearl works with the top 1% of candidates from around the world and connects them with the best startups in the US and EU. Our clients have raised over $5B in aggregate and are backed by companies like OpenAI, a16z, and Founders Fund. They're looking for the sharpest, hungriest candidates who they can consistently promote and work with over many years. Candidates we've hired have been flown out to the US and EU to work with their clients, and even promoted to roles that match folks onshore in the US.

About the Client
An SEC-registered investment advisor operating a tech-driven multi-manager hedge fund platform is hiring a Fund Operations Manager to take ownership of NAV production and reconciliation as its fund count scales.

The firm is an eight-person, fully distributed team onboarding approximately eight new custom funds in the near term. Fund operations currently sit with a single Head of Operations plus an onshore outsourced provider, and the firm is bringing that work in-house. The systems already work — what the team needs is capacity and sharper process as complexity grows.

About the Role
Reporting to the Head of Operations, this role splits roughly 50% NAV and fund accounting, 25% management company financials, and 25% investor operations and ad hoc projects. The first 30 days are spent shadowing a full month-end close cycle, with delegated ownership of core workflows by day 60 and transition of outsourced reconciliation work by day 90. Success means owning specific fund operations workflows end-to-end with minimal oversight and answering Limited Partner questions independently.

Core Responsibilities

NAV and Fund Accounting
Produce monthly Net Asset Value calculations for the firm's custom funds.
Reconcile fund positions, cash balances, and transactions, and resolve discrepancies before close.
Maintain fund books, records, and systems of record so all fund accounting files stay current.
Redesign NAV production workflows as the fund count scales from 1 to 8+.
Take over shadow NAV and reconciliation work currently handled by the outsourced team.
Management Company Financials

Process accounts payable and accounts receivable for the firm's internal operations.
Perform bookkeeping and internal financial reporting for the management company.
Record internal expenses and revenue accurately and on schedule.
Investor Operations

Process subscriptions, redemptions, and investor onboarding documentation.
Respond to Limited Partner inquiries by email and join investor calls when needed.
Prepare investor reporting and fulfil documentation requests.
Support fund formations as new custom funds launch.
Process and Ad Hoc Support

Identify operational inefficiencies and implement improvements as fund complexity grows.
Learn and maintain the proprietary internal applications used to warehouse fund data.
Pick up cross-functional operational projects as the firm scales.
Requirements

Must-Have
4+ years of back-office or fund operations experience at an asset management firm, hedge fund, SEC-registered RIA, or fund administrator
Hands-on ownership of monthly NAV production, including position, cash, and transaction reconciliation for at least one fund
Fund accounting experience covering fund books and records, investor statements, and independent month-end close
Working knowledge of trade lifecycle and settlement processes in an asset management context, including break identification and resolution
Experience with management company financials — AP, AR, and bookkeeping — distinct from fund-level accounting
Investor operations experience: subscription and redemption processing, investor onboarding, or written responses to Limited Partner inquiries
C1+ English (CEFR) for investor-facing email and occasional calls with Limited Partners

Nice-to-Have
Fund operations experience at an asset manager under 50 employees, or sole ownership of a fund vertical within a larger firm
Exposure to multi-manager hedge fund platforms, custom funds, or managed accounts
Hands-on use of fund admin platforms such as Juniper Square, Allvue, Carta, SS&C, or Advent Geneva
Experience supporting fund formations or new fund launches
Track record of working US Eastern business hours from Latin America

Work Schedule: EST | 9:00 AM – 5:00 PM