A Fund Accounting Director is responsible for all aspects of the NAV process, reporting to the Fund Accounting Managing Director, they are required to provide leadership and strategic direction for assigned fund accounting teams. The Fund Accounting Director contributes to the development and implementation of system, procedural and operational enhancements. They ensure the timely and accurate delivery of the NAV process. They are key contacts for ad hoc client requests and issues. As a result, a detailed understanding of the service requirements for Hedge Fund Administration is required.
Key Responsibilities of the Role:
The below list is not finite and may be added to. The combination of tasks required to be executed will vary depending on fund structure, client requirements and business needs.
Participate in new client meetings, demonstrating HedgeServ software, discussing complex accounting topics and outlining HedgeServ’s solution to their needs with specific focus on fund structures and products traded.
Work as part of a team of Managers, Directors and Managing Directors, who have ongoing responsibility for developing all aspects of HedgeServ services.
Understand and be responsible for all aspects of the NAV process including fee calculations, profit and loss allocations, accounting for complex financial instruments, documentation review and ad hoc client requests.
Provide leadership and strategic direction for assigned fund accounting teams.
Efficiently manage multiple relationships both internally and externally.
Ensure the assigned fund accounting team operates within a clearly defined, documented and tested control environment.
Participate in the continuous development and enhancement of work flows and procedures to reflect the changing control environment.
Resolve exceptional problems and take on special projects or tasks as assigned.
Responsible for fund accounting employee recruitment, training and performance evaluations.
Resolve employee complaints in conjunction with HR and the MD group.
Responsible for the preparation and review of financial and regulatory reports.
Develop and maintain relationships between HedgeServ and client brokers, auditors and legal counsel.
Responsible for new client transitions to the HedgeServ platform.
Establish and maintain effective working relationships with Investor Services, Quality Assurance, Business Development, Operations and Compliance departments within HedgeServ.
HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employees. As such, Fund Accounting Directors should be flexible and willing to adapt.
Fund Accounting Directors should be capable of managing teams of up to 30 staff in total, servicing multiple clients with various requirements and deadlines.
Accounting, Finance, Legal or Business Degree. 2.2 honours degree.
Skills and Attributes:
Strong verbal and written communication skills.
Strong analytical and problem-solving skills.
Ability to be flexible and work effectively either within a team structure or independently.
Strong interpersonal skills.
Good initiative with the ability to prioritise.
Strong systems, product and process knowledge.
Reliable, flexible and dependable.
Ability to positively influence team morale.
Demonstrate leadership skills.
Take ownership of designated tasks.
Act as a role model for HedgeServ.
Minimum of 9 years’ experience working with a Hedge Fund Administrator with at least 3 of those at Manager level. Alternative fund experience may be considered.
Payroll Specialist – Europe & Australia The Role This is a hands-on role within our Finance Team reporting directly to the Director of Finance, Europe & Australia. The Payroll Specialist will be responsible for the processing of all payroll and benefits for all HedgeServ entities in Europe and Australia, in an organization with strong growth … Continued
Company Description HedgeServ is a top-ranked global, independent fund administrator. HedgeServ provides uniquely client-centric service and is the industry’s leader in technology. Headquartered in New York City and Dublin, HedgeServ currently services more than $350 billion of assets under administration across 200 client relationships, with 1,200+ professionals across our 14 offices in 8 countries (other … Continued
Information about us
HedgeServ.com is a Site operated by HedgeServ Holding L.P. and its affiliates HedgeServ Corporation, HedgeServ Limited, HedgeServ LLC, and HedgeServ (Cayman) Ltd. (collectively “We”).
HedgeServ’s affiliate, HedgeServ Limited is authorised by the Central Bank of Ireland under Section 10 of the Irish Investment Intermediaries Act, 1995 to provide the administration of collective investment schemes, including the performance of valuation services or fund accounting services or acting as transfer agents or registration agents for such funds, in respect of units or shares in undertakings for collective investments in transferable securities within the meaning of European Communities (Undertakings for Collective Investments in Transferable Securities Regulations, 1989 (S.I. No. 78 of 1989), and any subsequent amendments thereto, units in a unit trust, shares in an investment company, capital contributions to limited partnerships.
HedgeServ’s affiliate, HedgeServ LLC is a company organized under the laws of Delaware and is authorized to do business in the State of Illinois, USA, to provide services to hedge funds and funds of hedge funds including, maintaining fund’s accounts, calculating a fund’s net asset value, maintaining a fund’s principal corporate records, communicating with shareholders, accepting the subscriptions of new shareholders, making redemptions of the shares, and ensuring compliance with the laws of the US (including but not limited to anti-money laundering regulations) .
HedgeServ’s affiliate, HedgeServ (Cayman) Ltd. is a company incorporated under the laws of the Cayman Islands and is authorized by the Cayman Islands Monetary Authority as a Mutual Fund Administrator under Section 11 of The Mutual Funds Law (as amended), to provide services to exempted companies, segregated portfolio companies, unit trust and limited partnerships including, maintaining fund’s accounts, calculating a fund’s net asset value, maintaining a fund’s principal corporate records, communicating with shareholders, accepting the subscriptions of new shareholders, making redemptions of the shares, and ensuring compliance with Cayman Islands laws and regulations (including but not limited to anti-money laundering regulations).
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