Private Equity Associate

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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.

Private Equity

The Private Equity Team is based across a number of locations including Dublin, Luxembourg, Krakow and New York. Your role will involve regular communication with our global offices whilst also partnering with colleagues and senior members of the team on a daily basis. This allows you to gain a wide range of experience and foster strong working relationships.

We have an open and collaborative approach and look for everyone's input when solving problems, this framework encourages professional development by empowering you to learn continuously and focus on more complex work as your experience progresses. Working in the PE department gives you exposure to new developments and forward-thinking approaches within our industry.

What you can expect?

At HedgeServ, graduates are in the unique position of gaining exposure to the full fund valuation process, up to and including financial statements. We adopt a blended approach to our graduate development programme mixing on-the-job training with our award-winning bespoke technology systems, as well as classroom based and e-learning support from our dedicated training department.

HedgeServ encourages and supports graduates to pursue a professional qualification through our tuition support programme in order to enhance your professional development. As such, we are an accredited employer with ACCA, ACA, CIMA and CPA as well as supporting other post graduate studies relevant to your future career.

We offer a market leading salary and benefits package with regular salary reviews during your graduate development programme. We offer a tailored health and well- being programme; have a very active Sport and Social Club and we are committed to supporting local charities.

Key Accountabilities of the Role

• Assist in the production of monthly and quarterly NAV, ensuring completion of specified tasks per NAV PE checklists
• Calculate and process capital calls, capital distributions and statements for closed-end funds
• Prepare investor P&L allocations and fee calculations as part of monthly and quarterly NAV packages
• Prepare waterfall calculations
• Prepare IRR calculations as required, including Investor IRR and Portfolio IRR
• Perform cash, position and market value reconciliations.
• Escalate fund accounting issues and aged items to the PE Supervisor
• Ensure all positions are priced correctly
• Calculate and process income and expense accruals including trading accruals
• Comply with HedgeServ's defined checklists, procedures and controls
• Assist in the audit process if required
• Converse and liaise with internal service departments to resolve miscellaneous fund issues.
• Ensure pre-agreed internal and external deadlines are met consistently
• HedgeServ operates a client focused structure which provides a wide-range of experience to all levels ofemployee

Pre-requisite knowledge, skills and experience

• Minimum 2.2 Accounting, Finance, Legal or Business Degree
• IT Literate with an emphasis on Excel
• Ability to be flexible, self-motivated and work under pressure to tight deadlines
• Strong analytical and problem-solving skills
• Ability to work effectively both within a team structure and independently