Senior Fund Accountant

Overview
Join to apply for the
Senior Fund Accountant
role at
Harmonic Fund Services
.
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.
We support a dynamic and complex industry characterized by new financial products, trading strategies and capital markets.
Harmonic is service oriented and technology intensive providing comprehensive services and software that include operations outsourcing, custom development and technology for global investment managers.
Responsibilities
Review and understand the fund's offering memorandum and verify that offering memorandum agrees to fund set up and ensure ongoing operations adhere to offering memorandum details
Liaise with investment managers, prime brokers and custodians in relation to trading activity as required for transaction processing and NAV preparation
Calculate the NAV for a portfolio of complex investment funds on either 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 whether portfolio related, capital transactions or from non-portfolio and other income and expense items
Perform three-way reconciliation of cash and assets/liabilities to the investment managers and custodians (frequency depending on trading activity of the fund)
Obtain independent third-party pricing support where needed (i.e. from Bloomberg)
Review and validate the partner/shareholder allocation calculations, including management and incentive fee calculations and the allocation of feeder specific income and expenses
Calculate and send out Estimated and Final NAV as required
Client Relationship & Projects
Liaise with clients, investors, investment managers and other stakeholders as needed
Participate in special projects
Assist with System Development
Reporting & Audit
Prepare monthly, quarterly and annual financial reports
Liaise with the fund's auditors at year end and interim periods to ensure sufficient information is provided to facilitate the timely completion of controls testing and substantive work to the auditors' satisfaction
Complete audit confirmation requests
Capital Events & New Business
Prepare allocations for fund investors
Prepare letters to be sent to the fund investors
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 & Fees
Monitor and ensure that AML checks are carried out in accordance with procedures and legislation in force, including due diligence requests
Respond to Investor due diligence requests
Calculate recurring fees as set out in various agreements (e.g. management & administration fee agreements)
Process fees and expenses on behalf of the clients as directed by Administration Agreement
Quality Assurance & Other
Conduct quality assurance testing following defined practices and procedures
Conduct testing according to standards agreed upon by Harmonic and IT; make recommendations for updates
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
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
A sound working knowledge of all Windows applications and ideally, knowledge of fund accounting applications
Self-driven attitude and a strong work ethic
Demonstrate a keen attention to detail
Excellent interpersonal skills and strong team orientation
Experience of relationship management and client service
Excellent time management, organizational and prioritization skills
Excellent communication skills, both verbal and written
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Accounting/Auditing and Finance
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