Fund Accounting Assistant Manager

Job description:

A Fund Accounting Assistant Manager 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 Assistant Manager’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 Assistant Manager 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.

• Quality control review of cash, position and market value reconciliations

• Ensure all aged items on cash and position reconciliations are resolved timely

• 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

• Assist Managers with fund accounting enquiries escalated by Supervisor or Administrator

• 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