Bracebridge Capital, LLC is a leading alternative asset manager with approximately $12 billion of net assets under management. The firm pursues investment strategies primarily within the global fixed income markets with the objectives of capital preservation and absolute return without significant correlation to equity, interest rate and foreign exchange markets. Established in 1994, Bracebridge manages private investment funds that serve endowments, foundations, pension funds and other institutional and high-net-worth investors.

Approximately 160 employees operate from our office located in Boston’s historic Back Bay. The entrepreneurial and collaborative culture at Bracebridge rewards and supports motivated, dedicated, enthusiastic and intellectually curious individuals. We believe our firm’s greatest asset is the people who work here.

The Finance Director will play a critical leadership role within the firm’s finance organization, overseeing core financial operations and serving as a key partner to senior management. This role will have overall responsibility for Financial Planning & Analysis (FP&A), cash management, insurance programs, the controller function, payroll, while also managing several firm-wide operational and risk-related functions.

The ideal candidate will bring deep experience in private funds and financial services, strong technical accounting expertise, and a hands-on leadership style appropriate for a fast-paced, institutional investment environment.

Key Responsibilities:

Financial Leadership & Oversight

Lead the management company operation, financial reporting, and audit coordination
Maintain and enhance internal controls, accounting policies, and procedures
Ensure accuracy, integrity and timeliness of financial statements and internal management reporting
Partner cross-functionally with the Tax, Financial Reporting & Operations teams to ensure integrated financial oversight
Coordinate with Compliance team on various US Treasury Department & other regulatory monitoring requirements
Report to the CFO and COO as a senior thought partner on financial and operational matters

FP&A

Lead firm-wide financial planning, annual budgeting, and monthly forecasting processes
Develop a multi-year forecast
Prepare and review monthly management reporting, variance analysis, and financial insights for senior leadership
Support strategic initiatives through financial modeling and analysis
Responsible for monthly management company expense allocation reporting

Payroll & Benefits

Final review and sign off on all bi-monthly, monthly and quarterly payrolls for all companies
Responsible for the financial analysis of the annual benefits renewal process
Evaluate benefit plan offerings to ensure competitiveness and cost efficiency
Coordinate annual review compensation cycles with department heads for employees and partners

Cash Management

Oversee and optimize the cash management and liquidity function for the management company
Review and approve the release of all outgoing wires from management company bank accounts
Review and approve all partner distributions

Insurance & Risk Management

Direct responsibility for annual renewals of the firm’s corporate insurance program:
Directors & Officers (D&O) and Errors & Omissions (E&O) insurance
Property & Casualty insurance
Coordinate with human resources, brokers, legal counsel, and senior management on coverage, renewals, and risk mitigation

Facilities & Office Management

Oversee financial aspects of corporate infrastructure including lease obligations, efficient internal cost structuring and vendor management
Ensure compliance with regulatory and corporate record-keeping requirements including UK subsidiary filings

Team Leadership

Manage and develop a team of five professionals across Accounting, FP&A, and Payroll
Foster a culture of accountability, collaboration, and continuous improvement
Provide mentorship and support professional development within the team
Drive further adoption of Workday modules across the firm

Qualifications & Experience

10+ years of financial services experience, with direct private fund experience strongly preferred
Prior experience overseeing the FP&A and controller functions
Bachelor’s degree in Accounting, Finance, or a related field
CPA designation strongly preferred
Strong understanding of partnership accounting
Strong technical accounting knowledge and experience with complex financial structures
Proven experience managing teams and operating in a high-performance, in-office environment
Workday or similar ERP experience a plus.
Excellent communication skills and the ability to interact effectively with senior leadership

Key Attributes

Hands-on, detail-oriented, and highly organized
Strong judgment and ability to manage multiple priorities
Comfortable operating in a dynamic, fast-moving hedge fund environment
Collaborative leadership style with a strong sense of ownership
Strategic thinker with a continuous improvement mindset

Current anticipated annual base salary range: $185k - $225k

Base salary within the range will be determined by various factors including but not limited to the individual's experience, skills and qualifications.

Bracebridge Capital, LLC

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