[Anonymous]

does anyone have experience with this position? or perhaps worked at a hedge fund?

can someone tell me what it’s like either working for a HF, or working as a HF accountant? what are the hours like? are you working 4am-2pm or whenever the stock market opens (if you’re on the west coast like i am)?

is there a stereotype for people who work at hedge funds? high-strung? coked out? cool, decent people maybe?

is it competitive? i know you have to be really smart to work at a HF, at least if you’re trading.

i’m not interested in purusing a CFA in the future, but i’ve always been interested in the stock market and investing and thought working as a HF accountant at a HF would be a great way for me to learn about investing without having to make a switch to finance

are there any other positions you guys know about besides being a HF accountant that would interest someone like me who has a deep interest in investments/stock market?

[sacredtheory]

I worked as a hedge fund accountant for 7 months, and hated every day, every minute, and every second of it. But I think that was more to do with the employer than the job itself.

I worked at a fund management corporation, and our clients were the ones with the hedge funds. We essentially did the books for them. This was one of the largest asset management companies in the world, there were thousands of us. My team worked with one of the company's biggest clients that dealt primarily with bank debt.

Training was abysmal, pay was lackluster, and the overall atmosphere was depressing. Long hours and angry clients were the norm. I had been there only for a few weeks when they decided to assign a billion dollar portfolio to me. I still had no clue what I was doing.

Anyway, I guess if you find a smaller, more hands on place, it would be cool. But where I worked, we were nothing more than glorified Excel-hamsters, spinning the wheels for the few that were ridiculously wealthy while we were paid subpar salaries, busted our butts, and were on the frontline when it came time to deal with ticked off clients.

BEC: Passed
AUD: Passed
REG: Passed
FAR: Passed

Jared

[nolifecpa]

a lot of the job depends on the employer and whether they know what they are doing or not. but the job itself is doing the books and records of the fund and is pretty much partnership accounting. you will be exposed to a lot of different investment strategies and products and can learn a lot on how they work if you make an effort, if not you can still get by and perform your job

the busiest time is at the beginning of the month because HF typically price monthly and usually lasts for a couple of weeks depending on how fast the fund mgr wants to get the shareholder statements out

there will be some interaction with the fund mgrs because as mentioned above, you will be the frontline when it comes time to deal with ticked off clients

east coast fund mgrs are usually d bags but west coast mgrs are usually layed back

REG-65,71,74,73,70,74,79
BEC-60's,60's,69,71,76*,78
FAR-67,66,65,79
AUD-54,60's,65,83*,69,80
*expired

DONE

[Anonymous]

thanks guys!

will look into HF accounting and maybe securities trading for an accounting role

[Author]

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