Job Description:
A Fund Accounting Director is responsible for all aspects of the NAV process, reporting to the Fund Accounting Managing Director, they are required to lead and coordinate fund accounting teams and contribute to strategic direction. 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.
- Lead and coordinate fund accounting teams and contribute to strategic direction.
- Manage multiple internal and external stakeholder relationships.
- 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.
- Address complex issues, support resolution of critical matters and support special projects or additional tasks as required.
- 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 adapt to changing client requirements and business needs.
Fund Accounting Directors should be responsible for managing teams of up to 30 staff in total, servicing multiple clients with various requirements and deadlines.
Education:
- Accounting, Finance, Legal or Business Degree. Min. 2.2 honours degree.
Skills and Attributes:
- IT literate
- 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
- Demonstrates professional conduct and consistency in delivering responsibilities
- Support team engagement and effective collaboration
- Demonstrate leadership skills
- Take ownership of assigned tasks
- Demonstrate professional standards aligned with company values
Work Experience:
- 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.
We’re proud to offer a benefits package and workplace culture designed to support your health, career ambitions and life beyond work.
- Full private medical insurance
- Permanent health insurance/income protection as well as Life insurance
- Defined contribution pension scheme with competitive employer contributions
- Employee Assistance Programme available to you and your immediate family
- Competitive annual holiday entitlement
- Annual professional membership fee reimbursement
- Club/gym subsidy
- Discretionary annual bonus scheme
- Employee Referral Program
- Remote/hybrid working opportunities, or from the office
- Tuition support for professional qualification exams that are relevant to your role including paid study and exam leave
- Sports and Social Club
