Senior Fund Accountant

Overview

Our Dublin office invites applicants for the position of: Senior Fund Accountant

Harmonic is one of the largest independent fund administrators, delivering a range of services and technology to private debt, hedge funds, fund of funds, private equity funds, private banks, pension funds and family offices. Harmonic provides services and software that include operations outsourcing, custom development and technology for global investment managers.

Job Summary

The Senior Fund Accountant will be responsible for the Fund Administration of complex investment funds including portfolio valuation and Net Asset Value (NAV) calculation; assisting with the preparation of financial statements; liaising with investors and investment managers as well as assisting with systems development and other ad hoc projects as required. Other responsibilities include client relationship management; new business integration and meeting the tight reporting deadlines and demanding obligations of our clients.

Responsibilities

• NAV preparation and verification against the fund's offering memorandum; ensure ongoing operations adhere to offering memorandum details
• Liaise with investment managers, prime brokers and custodians related to trading activity for transaction processing and NAV preparation
• Calculate the NAV for a portfolio of complex investment funds on a weekly, bi-weekly, monthly and/or quarterly basis as specified by the client and as outlined in the administration agreement
• Track all cash items (portfolio related, capital transactions or other income/expense items)
• Perform three-way reconciliation of cash and assets/liabilities with investment managers and custodians
• Obtain independent third-party pricing support when needed (e.g., Bloomberg)
• Review and validate partner/shareholder allocation calculations, including management and incentive fee calculations and feeder-specific income/expenses
• Calculate and distribute Estimated and Final NAV as required

Client Relationship Management

• Liaise with clients, investors, investment managers and other stakeholders as needed

Projects

• Participate in special projects
• Assist with system development

Reporting

• Prepare monthly, quarterly and annual financial reports

Audit

• Liaise with the fund's auditors at year end and interim periods to ensure sufficient information is provided to facilitate timely completion of controls testing and substantive work to the auditors' satisfaction
• Complete audit confirmation requests

Capital Events

• Prepare allocations for fund investors
• Prepare letters to be sent to the fund investors

New Business

• Acquire or assist in new business conversions and reconciliation

Financial Statements

• Assist in the preparation and review of fund audited financial statements
• Understand fund agreements to determine impact on financial reporting

Compliance

• Monitor AML checks in accordance with procedures and legislation; respond to investor due diligence requests

Fees

• Calculate recurring fees as set out in various agreements (e.g., management & administration fee agreements)
• Process fees and expenses on behalf of clients and wire funds to third party service providers as directed by Administration Agreement

Quality Assurance Testing

• Conduct quality assurance testing following defined practices and procedures
• Make recommendations for updates

Other Responsibilities

• Other job functions as required
• Performance of general administration relating to client funds

Job Qualifications

• A university graduate with a professional accounting qualification (CA, CPA, CGA, CMA or equivalent)
• Minimum 2 years' experience in a similar role working with complex securities and derivatives products

Knowledge, Skills & Abilities Required

• High level of expertise and technical knowledge of alternative investment products, the offshore financial services industry including system technology, portfolio valuation, accounting, share transfer and registration, prime brokerage, financing and custody
• Working knowledge of Windows applications; experience with fund accounting applications is desirable
• Self-driven attitude and a strong work ethic
• Keen attention to detail
• Excellent interpersonal skills and strong team orientation
• Experience in relationship management and client service
• Excellent time management, organizational and prioritization skills
• Excellent verbal and written communication skills

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting/Auditing and Finance

Dublin, County Dublin, Ireland €50,000 - €55,000

Job posting dates and extra location notes removed for clarity.

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