Fund Accounting Director

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

• 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 responsibility for 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.

Benefits Package

• Full private medical insurance so that you can take care of your & your family’s health & wellbeing
• Permanent health insurance/income protection as well as Life insurance, so that you can feel secure in any situation
• Defined contribution pension scheme with competitive employer contributions so you can look after your future
• Employee Assistance Programme available to you and your immediate family for support on a variety of matters
• Competitive annual holiday entitlement so that you can slow down and take some time to rest
• Annual professional membership fee reimbursment, e.g. in ACCA, CIMA
• Club/gym subsidy so that you can take care of your body after work
• Discretionary annual bonus scheme
• Referral Program – do you know someone who would like to join us? Referral bonuses are awaiting you!
• 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 – many team outings, company parties, sports activites and charity projects are awaiting you
• Support for workplace equipment and programs promoting mental health and wellbeing – because your comfort and health matter to us