About the role
Position Overview
The candidate must be comfortable working in a rapidly changing environment with an ability to deliver high quality work in collaboration with colleagues in different offices and service providers in different time zones.
- Review calculation of estimated and final NAVs for a group of hedge funds and private equity funds, including FX classes of investors, side pockets and SMAs
- Ensure management fees, performance fees, distribution waterfalls, and allocations are calculated in accordance with PPMs, IMAs, LPAs and side letters.
- Review investor subscription, redemption and capital call and distribution documents processed/prepared by fund administrator(s)
- Shadow allocations for certain funds and maintain database with investor information
- Review fund operating expenses prepared by fund administrator and provide comments/changes
- Process expense payments related to the funds and review allocations based on the expense allocation policy
- Review of fund administrator-prepared annual financial statements, and liaise with external auditors and fund administrator(s) regarding financial reporting and timely issuance of financial statements
- Compile information for due diligence requests from investors and counterparties, assist with other ad hoc
- Prepare monthly reporting files for management and other interested parties
- Implement systems, processes, and procedures to improve efficiency while maintaining adequate internal control environment
Required Qualifications
- Must have Hedge-fund fund accounting experience
- Accounting experience on Private Equity, Venture Capital, and CLO entities a plus
- Public or a mixture of Big 4 & private accounting experience; 8+ yrs. of fund accounting experience including
- Experience with investor and partnership allocations and related software (i.e. Backstop, Hedgetek, Investran, etc.)
- Exceptional analytical skills
- Strong attention to detail
- Team player with excellent communication skills.
- Ability to multitask
- Highly organized