A Fund Accounting Assistant Vice President will be required to manage the
overall NAV calculation process within the guidelines and procedures provided
by HedgeServ and under the supervision and guidance of a Fund Accounting Vice
President and Managing Director. They will ensure 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 Hedge Fund Administration.
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 both client structure, client
requirements and business needs.
Work as part
of a team of Assistant Vice Presidents, Vice Presidents and Managing
Directors, who have ongoing responsibility for developing all aspects of
HedgeServ services.Assist the
Vice President in providing strategic direction for assigned fund accounting
client relationships involving interaction with both the client and the
relevant Vice President to ensure consistency of service.Ensure the
assigned fund accounting team operates within the clearly defined and
documented control environment.Manage and
develop client teams of up to 20 employees.Resolve fund
accounting enquiries escalated by the Fund Accounting Manager.Review daily
and monthly NAV calculations.Develop and
improve NAV calculation workflows and procedures.Review 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.Manage the
audit process ensuring timely and successful completion of fund audits
including preparation of fund financial statements.Investigate
accounting implications of new products.Manage and
complete client initialisation and transition.Participate
in development and presentation of fund accounting training.Responsible
for fund accounting employee recruitment, training and performance
exceptional problems and take on special projects or tasks as assigned.Handle
complex calls from clients.Establish
and maintain effective working relationships with the 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 a Fund Accounting Assistant Vice
President should be flexible and willing to adapt.
A Fund Accounting Assistant Vice President should be capable of managing a
team of up 20 staff servicing clients with various requirements and deadlines
- Accounting, Finance, Legal or Business Degree.
Skills and Attributes:
verbal and written communication skills.Strong
analytical and problem-solving skills.Ability to
be flexible and work effectively both within a team structure or
initiative coupled with the ability to identify when escalation is
systems, product and process knowledge.IT literateReliable,
flexible and dependable.Ability to
positively influence team morale.Demonstrate
ownership of designated tasks.Act as a
role model for HedgeServ.
experience working in a Hedge Fund Administration Firm with at least 3 of
those at Manager level. Alternative fund experience may be considered.
For further information, and to apply,
please visit our website via the “Apply” button below.