Position Overview
This role reports to the Head of Fund Mandates, Americas. This role will perform various operational tasks for private credit funds, hedge funds, limited partnerships and other private funds.
Such operational responsibilities include financial reporting, fund accounting, product development, valuation and tax reporting for a designated group of funds. The role will work internally with teams such as investment, distribution, legal, product, client service and externally with multiple third-party administrators and custodians.
Responsibilities
- Providing operational support and contribute toward a team with oversight of third-party administrators and adherence to the service level agreement and key performance indicators
- Deliver accurate and timely work within specified deliverables timelines in coordination with management and other team members
- Review accounting packages and client statements provided by third party administrators
- Knowledge of annual fund audits and financial statements under U.S. GAAP and/or IFRS accounting standards with external auditors and third-party administrators
- Valuation and pricing responsibility for a designated group of funds
- Review fund expense and budget accruals
- Review of fund performance and calculation of fund performance fees
- Review of capital call notices and investor allocations for private funds
- Process vendor and invoice payments and track against purchase orders
- Update and perform periodic review of procedures
- Prepare pro-forma analysis and participate in product development of new funds
- Tax reporting and review of fund distributions
- Work closely with legal, both external and internal auditors, risk and compliance teams
Basic Qualifications
- Bachelor or Master’s degree in accounting, Finance or other similar degree
- 2 - 5 years minimum relevant industry experience ideally in the fund industry
- Excellent communication skills
- Ability to work under tight deadlines and successfully manage multiple requests
- Strong “Team Player” attitude
- Excellent written and oral communication skills
Preferred Qualifications
- Certified Public Accountant (CPA) or similar designation
- Knowledge and experience in private credit, private equity or hedge funds
