HedgeServ is a fast-growing service-driven global administrator. We feature a unique technology platform with one of the most experienced service teams in the industry. HedgeServ provides fund administration, middle office services, integrated risk & portfolio management, regulatory & compliance reporting, tax support, and complete shadow accounting services, underpinned by SOC 1 certified controls. HedgeServ supports all investment strategies within hedge funds, funds of hedge funds, private equity funds, asset managers, managed accounts and managed account platforms, UCITS funds, and other institutional investment programs such as pensions and endowments. Our services are completely customized for the needs of our individual hedge fund, fund of hedge funds and private equity fund clients. HedgeServ employs professionals globally across offices in the United States (New York & Dallas), Grand Cayman, Ireland (Dublin & Cork), Luxembourg, Poland (Krakow), Bulgaria (Sofia), and Australia (Sydney).
Private Equity Department
Due to its innovative technology and service offering HedgeServ’s closed end funds team is expanding in both Dallas and Ireland. The team currently services a mix of private equity, real estate and hybrid structures. The team works with its clients on collaborating new technology solutions as well as client service models to support unique structures and operating models to meet an evolving and growing area within the asset management industry.
A Private Equity Fund Accounting Supervisor/Technician will be required to manage the closed end fund accounting process within the guidelines and procedures provided by HedgeServ and under the supervision and guidance of a Private Equity Manager and Director. They will manage the timely and accurate delivery of NAV calculations. They will assist in the development of client relationships and will require a detailed understanding of the service requirements for closed end fund administration. They will also take an active role in the creation, maintenance and development of reporting for the Private Equity department.
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.
Responsible for the day to day management of the Private Equity team including:
Capital Call and Distribution Processing
Investor Allocations, waterfall creation and maintenance
Performance reporting including IRRs
Preparation of net asset value calculations and financial statements
Ad hoc client and investor reporting
Managing client relationships involving interaction with both the client and the relevant Private Equity Director to ensure consistency of service.
Resolve fund accounting Inquiries escalated by Supervisor or Administrator.
Develop and improve workflows and procedures.
Manage, create and update reporting templates using server-based report generating software (SSRS)
Collaborate with Private Equity team members to understand and address business needs and ensure reporting operates effectively and efficiently in production
Review fee calculations and profit and loss allocations.
Manage and complete client onboarding and transition
Participate in development and presentation of fund accounting training.
Establish and maintain effective working relationships with other stakeholder groups
HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee. As such Candidates should be flexible and willing to adapt.
Pre-Requisite Knowledge, Skills, and Experience
3+ years’ experience working in the Private Equity sector either at an Administrator, Auditor, or Investment Manager.
Accounting, Finance, Economics, Mathematics or Computer Science
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
Ability to be flexible and work effectively both within a team structure or independently.
Strong product and process knowledge
Committed to delivery of results
Ability to positively influence team morale
Take ownership of designated tasks on an individual and team basis
Willingness to perform both accounting and reporting development aspects of the role
OOP language experience, preferably in Python
Experience working with SSRS (or other report building applications)
Understanding of version control systems (e.g. Git/SVN)
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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