Hedge Fund Accounting -Assistant Vice President

State Street.
Bangalore, India
Not disclosed
23 Jun 2021
30 Jun 2021
Contract type
Full time
Experience level

Position Overview

This is an important role requiring the candidate to lead and manage all aspects of the Hedge Fund NAV accounting process for multiple clients for a variety of complex hedge funds and work as Geneva conversion specialist in GICs.

Key Responsibilities

Fund Accounting

  • Managing all fund accounting services in respect of a portfolio of hedge fund clients along with the Officers and other AVPs;
  • Review & sign-off of Net Asset Value calculations, financial statements and associated reports wherever required
  • Resolve and/or escalate all material issues affecting the NAV production process or client service delivery in an appropriate & timely manner
  • Prevent issues from occurring and not just solving issues. This is done through understanding, risk evaluation, and controls.
  • Work closely with all stakeholders and the team to improve the process, monitor and report on resource management at client, individual and location level
  • Coordination & oversight for all facets of managing the process and the teams – includes New Business, migrations, existing deliverables and SLAs; monitor progress of new clients, fund launches and on boarding of existing clients
  • Identify and facilitate employee/training needs to efficiently manage work pipeline; monitor requirements against actuals while proactively engaging stakeholders to facilitate hiring and training requirements
  • Identify and develop local SMEs for all key activities
  • Review and action on Operational MIS Reporting – reporting on Fund Operational Metrics, adherence to risk and best practice guidelines, turnover, productivity/efficiencies
  • Flagging key issues proactively and supporting the management with solutions, KPI/SLA reporting, and any other operational or strategic initiatives
  • Primary point of contact for the Year end process with respect to audit timelines, Financial Statement Preparation, Regulatory filings, etc

Advent Geneva Conversion:

  • Conduct client wise implementations of Geneva, including software installation, setup and hands-on functional and technical training.
  • Analyze client’s business and technical requirements.
  • Configure and automate products to optimize client workflows.
  • Manage time to maximize agenda and delivery of critical components.
  • Execute on planned implementation tasks to maximize client satisfaction.
  • Communicate project status to onshore/offshore teams and SS project managers.
  • Specify and/or develop and test custom reports.
  • Build conversion and system integration mapping tools.

Education & Experience

  • Degree qualified in Accounting or Finance related area and/or studying for a professional accounting qualification
  • 13 years of experience in Financial Services in high volume operational environment and/ or hedge fund industry (prior experience in hedge fund accounting NAV operations is preferred)
  • Managing and/or leading employees for 5-7 years
  • Excellent analytical, problem solving skills with high degree of attention to detail
  • Strong interpersonal & communication skills
  • Proficient in Microsoft Applications (Word, Excel, Powerpoint etc)
  • Prior work experience in Geneva
  • Prior Advent Geneva conversion experience ( conversion from 1 version to other or other tools to Geneva)


  • Hands-on collaborative leadership
  • Effective execution & Implementation
  • Risk Management
  • Continuous Improvement
  • Client/Business Relationship Management
  • Coaching and Developing others

For further information, and to apply, please visit our website via the “Apply” button below.

Similar jobs

Similar jobs