Fund Accounting Manager

HedgeServ is a leading global fund administrator with more than $450 billion in assets under administration across all investment vehicles including Hedge Funds, Private Equity Funds, UCITS, Hybrid Credit Managers, Funds of Funds and Managed Account Platforms. We optimize our clients' experience using unique proprietary technology coupled with robotic process automation, intuitive digital programs powered by machine learning, and enhanced by an extensive proprietary transaction data set. HedgeServ's entrepreneurial and innovative spirit cultivates a productive and agile environment enabling its team to anticipate clients' needs and consistently deliver solutions in real time. Led by the most experienced team of industry experts, HedgeServ with 1,500+ professionals around the globe expertly provides customizable solutions for their clients' risk, portfolio management, middle office, investor relations, accounting, regulatory, compliance, and tax services. Since its inception in 2008, HedgeServ has received numerous accolades, including Top Overall Administrator and #1 rankings for Fund Accounting, Reporting & Reporting Technology, Client Service, Investor Services, Alternative Fund Expertise, and Regulatory Expertise.

HedgeServ is a progressive company with continuously evolving ways of working to ensure a future-focused mindset. Our employees benefit from a robust career development framework and clear learning paths which outline career trajectory, training and progression plans. HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. HedgeServ was recognized as a Next Gen employer by RippleMatch on its list of 100 top workplaces for Generation Z for 2022. HedgeServ operates 13 offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, Philippines and Australia.

Job Description:

A Fund Accounting Manager will be required to manage the overall NAV calculation process within the guidelines and procedures provided by HedgeServ and under the supervision and guidance of a Fund Accounting Director and Managing Director. They will ensure the timely and accurate delivery of NAV calculations. They will assist in the development of client relationships and will require a detailed understanding of the service requirements for Hedge Fund Administration. Every Fund Accounting Manager will receive the requisite Induction Training in addition to both compulsory training (AML/KYC) and optional training. Additional client-specific training is provided by the Director and Managing Director.

Key Accountabilities of the Role:

1. Managing client relationships involving interaction with both the client and the relevant Fund Accounting Director to ensure consistency of service.
2. Ensure the assigned fund accounting team operates within the clearly defined and documented control environment.
3. Manage and develop client teams of up to 10 employees.
4. Resolve fund accounting enquiries escalated by Supervisor or Administrator.
5. Ensure all aged items on cash and position reconciliations are resolved timely.
6. Review daily and monthly NAV calculations.
7. Develop and improve NAV calculation workflows and procedures.
8. Review fee calculations and profit and loss allocations.
9. Review applicable monthly, yearly and inception to date performance.
10. Manage the audit process ensuring timely and successful completion of fund audits including preparation of fund financial statements.
11. Investigate accounting implications of new products.
12. Manage and complete client initialization and transition.
13. Participate in development and presentation of fund accounting training.
14. Manage fund accounting recruitment, training and performance evaluations.
15. Resolve exceptional problems and take on special projects or tasks as assigned.
16. Handle complex calls from clients.
17. Establish and maintain effective working relationships with the Investor Services, Quality Assurance, Client Servicing and Compliance departments within HedgeServ.
18. A Fund Accounting Manager should be capable of managing a team of up to 10 staff servicing clients with various requirements and deadlines.

Pre-requisite knowledge, skills and experience

1. 5 years' experience working in a Hedge Fund Administration Firm with at least 3 of those at supervisor level is desired.
2. Accounting, Finance, Legal or Business Degree.
3. 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.
4. IT Literate.
5. Strong English verbal and written communication skills.
6. Strong analytical and problem-solving skills.
7. Ability to be flexible and work effectively both within a team structure or independently.
8. Strong inter-personal skills.
9. Good initiative tempered with identifying when escalation is required.
10. Strong systems, product and process knowledge.
11. Reliable and Dependable.
12. Approachable.
13. Ability to positively influence team morale.
14. Demonstrate leadership skills.
15. Take ownership of designated tasks.
16. Act as a role model for HedgeServ Ltd.

Minimum of 5 years' experience working in a Hedge Fund Administration Firm with at least 3 of those at supervisor level is desired. Alternative Hedge Fund experience may be considered.

At HedgeServ, our people are at the core of everything we do. We aspire to grow and challenge the status quo and it is our high calibre talent that drives our progress.

We deliver success with the biggest clients because we have the best people working for us. We're committed to rewarding performance with competitive salary & benefits packages and ongoing learning and development opportunities.

If you'd like a challenging and rewarding career, we'd love to hear from you.

HedgeServ has a culture of innovation, excellence, and continuous improvement which has continued to evolve through our employees. Our corporate values create a sense of shared purpose and belonging as we work together to achieve the vision and mission of HedgeServ. We experience successful results through demonstrating the below values and behaviors which are at the core of how we communicate with employees and clients.

We work in partnership with each other and our clients; collaboration is at the core of what we do.

• We work collaboratively, focusing on end-to-end ownership and autonomy in our processes.
• We share knowledge across our teams and offices to gain expert and diverse views.
• We develop long-term relationships through investment and commitment to our employees and clients.
• We communicate in personal, inviting, and authentic ways whether face-to-face or virtually.

We empower and trust employees so they can realize their full potential on an individual and organizational level. We leverage our global reach for positive local impacts.

• We focus on employee health and well-being.
• We are empathetic and committed to diversity and inclusion.
• We listen to each other and think about what we want to say and then respond.
• We embrace corporate social responsibility and our ability to impact and enrich the lives of our team, their families, our clients, and the world around us.

We embrace an entrepreneurial spirit and growth mindset where change is a positive dynamic.

• We confidently challenge the status quo with respect and positive intent.
• We offer a leading-edge suite of proprietary technology applications.
• We rapidly adapt to current information, changing conditions, or unexpected obstacles.
• We act with vision, agility, and resilience.
• We listen to each other's ideas and value diverse perspectives.

We are the most experienced team of industry experts. We share our knowledge with each other to make us stronger; we share our knowledge with our clients to make them stronger. There is no question we can't answer, nor any problem we can't solve.

• We cultivate a productive and agile environment which allows us to anticipate our clients' needs and consistently deliver solutions in real time.
• We embrace an entrepreneurial spirit while leveraging the resources of a global organization.
• We scale our resources to meet the requirements of our clients.
• We foster continuous training and professional development.