A Fund Accounting Supervisor is required to execute the following tasks within the fund accounting department. They shall be executed within the guidelines and procedures provided by HedgeServ and under the supervision and guidance of a Fund Accounting Manager and Director. They will facilitate the timely and accurate delivery of NAV calculations and work closely with the fund accountants under their supervision. Supervision of the cash, position and OTC reconciliation process, including trade capture, processing corporate actions and pricing are an integral part of the Fund Accounting Supervisor’s role. They will assist in the development of the NAV team, setting goals and acting as a guide and mentor to direct reports. Every Fund Accounting Supervisor will receive the requisite Induction Training in addition to both compulsory (AML/KYC) and optional training. Additional client-specific training will be provided by the NAV Manager.
Key Accountabilities 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 both client structure, client requirements and business needs.
Review cash, position and market value reconciliations
Resolve break items on reconciliations in a timely manner
Review fund pricing
Review corporate actions
Review profit and loss reports for reasonableness
Review income and expense accruals including fee calculations and trading accruals
Review fund trial balance
Review profit allocations to fund investors
Review compliance with HedgeServ defined checklists, procedures and controls
Converse and liaise with internal services departments to resolve miscellaneous fund issues
Escalate fund accounting issues and aged items to Fund Accounting Manager
Respond to client queries in a timely and efficient manner
Assist in the audit process including preparation of fund financial statements
Assist team development by providing guidance, training and mentoring to Fund Accountants, setting their goals and monitoring performance
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 of employee. As such a Fund Accounting Supervisor should be flexible and willing to adapt.
A Fund Accounting Supervisor should be capable of supervising up to 4 Fund Accountants and facilitate their ongoing development and that of the NAV team.
Pre-requisite knowledge, skills and experience
Accounting, Finance, Legal or Business Degree – minimum 2.2 honors degree
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
Strong verbal and written communication skills
Strong analytical and problem-solving skills
Strong attention to detail and well organized
Ability to work under pressure and to tight deadlines
Ability to be flexible and work effectively both within a team structure and independently
Strong inter-personal skills
Good initiative tempered with identifying when escalation is required
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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Privacy and Cookies Statement
We at HedgeServ Corporation, HedgeServ Limited, and HedgeServ Cayman Limited (collectively “HedgeServ“, “we” or “us“) respect your right to the protection and privacy of your Personal Data.
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7. Changes to the Privacy Statement
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