Senior Fund Accounting Manager
4 tygodni temu
HedgeServ is a leading global fund administrator with over $450 billion in assets under administration. We provide customized solutions for our clients' risk, portfolio management, middle office, investor relations, accounting, regulatory, compliance, and tax services.
Salary RangeThe estimated salary for this role is between $120,000 - $180,000 per year, depending on location and experience.
Job DescriptionWe are seeking a Senior Fund Accounting Manager to join our team. The successful candidate will be responsible for managing the overall NAV calculation process, ensuring timely and accurate delivery of NAV calculations. They will also assist in developing client relationships and require a detailed understanding of the service requirements for hedge fund administration.
Key Responsibilities:- Work as part of a team of Assistant Vice Presidents, Vice Presidents, and Managing Directors who have ongoing responsibility for developing all aspects of HedgeServ services.
- Assist the Vice President in providing strategic direction for assigned fund accounting teams.
- Manage client relationships involving interaction with both the client and the relevant Vice President to ensure consistency of service.
- Ensure the assigned fund accounting team operates within the clearly defined and documented control environment.
- Manage and develop client teams of up to 20 employees.
- Resolve fund accounting enquiries escalated by the Fund Accounting Manager.
- Review daily and monthly NAV calculations.
- Develop and improve NAV calculation workflows and procedures.
- Review all aspects of the NAV process including fee calculations, profit and loss allocations, accounting for complex financial instruments, documentation review, and ad-hoc client requests.
- Manage the audit process ensuring timely and successful completion of fund audits including preparation of fund financial statements.
- Investigate accounting implications of new products.
- Manage and complete client initialisation and transition.
- Participate in development and presentation of fund accounting training.
- Responsible for fund accounting employee recruitment, training, and performance evaluations.
- Resolve exceptional problems and take on special projects or tasks as assigned.
- Handle complex calls from clients.
- Establish and maintain effective working relationships with the Investor Services, Quality Assurance, Business Development, Operations, and Compliance departments within HedgeServ.
- Completed bachelor's degree in business, accounting, or finance.
- 9 years' experience working in a hedge fund administration firm with at least 3 of those at manager level. Alternative fund experience may be considered.
- Intention to actively pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA), if not already started, part-qualified or qualified, would be an advantage but is not required.
- IT literate.
- Strong English verbal and written communication skills.
- Strong systems, product, and process knowledge.
- Strong verbal and written communication skills.
- Strong analytical and problem-solving skills.
- Ability to be flexible and work effectively both within a team structure or independently.
- Strong interpersonal skills.
- Good initiative coupled with the ability to identify when escalation is required.
- Reliable, flexible, and dependable.
- Ability to positively influence team morale.
- Demonstrate leadership skills.
- Take ownership of designated tasks.
- Act as a role model for HedgeServ.
- Premium health insurance.
- Life insurance.
- Sports club membership.
- My Benefit – cafeteria system.
- Competitive salary.
- Active sports and social committee.
- Professional environment with great development opportunities.
- Training and development in a wide variety of areas to ensure staff are constantly developing and progressing their skills.
- Tuition policy with study leave and generous payment of all related fees.
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