Portfolio Accounting Assistant Manager

At HedgeServ, we're redefining what's possible in fund administration. With more than $700 billion in assets under administration, we partner with the world's most forward-thinking investment managers – across private equity, private credit, endowments, hedge funds and more – to deliver seamless, tech-enabled solutions that drive performance.

Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.

We're a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values – Relationships, Support, Innovation, and Expertise – create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission.

HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We've been recognized as an employer of choice, earning a top 100 workplaces designation.

Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We've earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.

Job Description

A Portfolio Accounting Assistant Manager is required to execute our reconciliations service delivery. The reconciliations shall be executed within the guidelines and procedures provided by HedgeServ and under the supervision and guidance of a Portfolio Accounting Manager and Director. They will facilitate the timely and accurate delivery of operational deliverables (Trade, Cash and Portfolio reconciliations) and work closely with the portfolio accountants under their supervision. Supervision of the cash, position and OTC reconciliation process, including trade capture and processing corporate actions are an integral part of the Portfolio Accounting Assistant Manager role. They will assist in the development of the team, setting goals and acting as a guide and mentor to direct reports. Every Portfolio Accounting Assistant Manager will receive the requisite Induction Training in addition to both compulsory (AML/KYC) and optional training.

Key Responsibilities:

• Review cash, position and market value reconciliations

• Resolve break items on reconciliations in a timely manner

• Review corporate actions

• Review income and expense accruals including fee calculations and trading accruals

• Review compliance with HedgeServ defined checklists, procedures and controls

• Converse and liaise with internal services departments to resolve miscellaneous fund issues

• Escalate issues and aged items to Portfolio Accounting Manager

• Assist team development by providing guidance, training and mentoring to Portfolio Accountants, setting their goals and monitoring performance

• Ensure pre-agreed internal and external deadlines are met consistently

Our requirements:

• 4+ years' experience working in a hedge fund administration firm is required.

• Accounting, Finance, Legal or Business Degree.

• 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 analytical and problem-solving skills.

• Strong attention to detail and well organized.

• Ability to work under pressure and to tight deadlines.

• Ability to be flexible and work effectively both within a team structure and independently.

• Strong inter-personal skills.

• Good initiative tempered with identifying when escalation is required.

• Strong systems, product and process knowledge.

• Ability to positively influence team morale.

• Demonstrate leadership skills.

• Take ownership of designated tasks.

• Act as a role model for HedgeServ

Benefits:

• Attractive compensation package including extensive set of benefits such as Premium Health Insurance, Multisport Card, My Benefit – Cafeteria System, Life Insurance

• 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

• Enjoy a start-up like environment on the back of a well-established and profitable company