LS (Long Short) Fund Accountant

AMP Capital

AMP Capital is one of the largest investment managers in the Asia Pacific region. As part of the AMP Group, we share a heritage that spans over 160 years.

Our home strength in Australia and New Zealand has enabled us to grow internationally, and today we have operations established in Dubai, China, Hong Kong, India, Ireland, Japan, Luxembourg, the United Kingdom and the United States. We also collaborate with a network of global investment partners, leveraging our shared capabilities to provide greater access to new investment opportunities.

Our asset class specialists, investment strategists and economists work together with the aim of delivering strong investment outcomes for clients. That is why our clients trust us to invest ~A$190 billion on their behalf, across a range of single sector and diversified funds.

Purpose of the role

The Global Long-Term Alpha Fund (GLAF) is a Cayman long short fund which has been seed funded for two years with very good fund performance. The role will initially be part of the project team to establish and commercialise this fund. The role will transition to daily management of the LS fund, working closely with the LS Fund Analyst reporting into the Head of LS Operations.

As the LS Fund Accountant, you will work closely with the Fund Administrator (MUFG), the middle Office (BNP) and the Prime Brokers to ensure all positions are correctly reflected in AMP Capital systems. This covers all operational activities across trade settlement, NAV valuation, reconciliations and provision of daily returns and reporting for Portfolio Management.

Key Responsibilities

• This role is responsible for all accounting related matters in relation to the Long Short Fund, including
  • Monitor and maintain the hedge fund accounts
  • Daily transactions, including swaps, FX, Corporate actions and OTC derivatives
  • Oversight of independent valuations, checking the calculation the value of the fund's assets (net asset value and gross asset value) and analyse it according to the market value
  • Monitor the total amount of money flow in the fund and of the investment portfolios
  • Analyse the fund performance
  • Oversight of reconciliations between prime brokers and registry
  • Oversight of monthly applications & redemptions
  • Prepare monthly reporting on the hedge fund account
  • Prepare financial statements and help to structure the Profit and Loss Statement
• Support the Head of LS Operations with internal & external stakeholder relationships
• Ensure efficient delivery of assigned work
• Actively contribute to the continuous assessment to ensure that the Alternatives Operations team operates within the best in class control environment

Knowledge and experience

• 7 - 10 years of experience in Fund Accounting for Hedge Funds
• Knowledge of hedge fund and accounting principles
• Aware of the latest market and industry (domestic and international) news relating to hedge fund
• Aware of the regulatory and accounting principles and practices
• Ideal candidate should have deep subject matter expertise in Hedge Funds
• Experience with Cayman domiciled funds

Recruitment agencies: please note that we are not seeking assistance on this role. Should we require assistance we may reach out to our network of preferred agency partners once this ad has expired. Be aware that you are not considered engaged on a role until it has been released by Talent Acquisition through our agency portal. We do not pay recruitment fees on candidate profiles/resumes introduced through any other method.

Advertised: 14 Jan 2021 9:00 AM AUS Eastern Daylight Time
Applications close: 30 Jan 2021 5:00 PM AUS Eastern Daylight Time