Fund Accounting Assistant Vice President

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.

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 leading and supporting a team of up to 20 employees servicing clients with various requirements and deadlines.

Key Responsibilities:

• 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.
• Support the Vice President in strategic planning and priorities for assigned fund accounting teams.
• Managing 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 evaluations.
• Support the resolution of complex issues and take on special projects or tasks as assigned.
• Respond to complex client enquiries.
• Establish and maintain effective working relationships with the Investor Services, Quality Assurance, Business Development, Operations and Compliance departments within HedgeServ.

Our requirements:

• Completed bachelor’s degree in business, accounting or finance.
• 9 years’ experience working in a Hedge Fund Administration Firm with at least 3 of those at Manager level. Alternative fund experience may be considered.
• Intention to actively pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA), if not already started, part qualified or qualified, would be an advantage but is not required.
• IT Literate.
• Strong English verbal and written communication skills.
• Strong systems, product and process knowledge.
• Strong verbal and written communication skills.
• Strong analytical and problem-solving skills.
• Ability to be flexible and work effectively both within a team structure or independently.
• Strong interpersonal skills.
• Good initiative coupled with the ability to identify when escalation is required.
• Reliable, flexible and dependable.
• Ability to positively influence team morale.
• Demonstrate leadership skills.
• Take ownership of designated tasks.
• Act as a role model for HedgeServ.

We’re proud to offer a benefits package and workplace culture designed to support your health, career ambitions and life beyond work.

• LuxMed Premium Package.
• Life insurance and travel insurance.
• Employee Referral Program.
• Remote/hybrid working opportunities, or from the office.
• 100% funding for certifications and postgraduate studies accredited by ACCA, CIMA and IOB.
• Technical workshops and soft skills training.