Designation: ManagerPOSITION SUMMARY (Key tasks and outcomes):Fund Accounting Manager responsibilities include developing strong relationships with customers, connecting with key business executives and stakeholders, liaising with cross-functional internal teams (including Customer Service and Product Development departments) to improve the entire customer experience on the Fund Accounting module.Job title: Fund Accounting ManagerJob description:Client Reporting: • Providing premier client service by building strong relationships with the Investment Advisor and any other third parties • Developing a thorough knowledge of your client and their bespoke requirements with regards to key processes • Working closely with the client to resolve queries • Working with other teams to ensure delivery of client deliverables • To have a good understanding of fund administration business Cash Management • Undertaking a daily cash management process in line with a cash management policy and actioning ad-hoc cash management items as and when they arise • Processing and self-reviewing FXs, as needed • Processing invoices on the client’s bespoke system • Completion of client monies and bank reconciliations on a monthly basisInvestor Administration • Undertaking the investor call/distribution process from end to end • Completion of the investor transfer process • Processing investor contact and bank detail updates • Monitoring of investor audit confirmations • Dealing with investor tax reporting • Dealing with fund closingsTeam Administration • Monitoring mailboxes• Perform reviews of junior team member’s work • Support other team members with workloads and rotate tasks on a regular basis. Key Responsibility Area:Daily, weekly, and monthly Net Asset Value calculation (NAV) Calculation of the fund’s income and expense accruals and the pricing of securities at current market value Financial statement preparation and audit liaison Review and validation of capital statements and distribution to clients Review of capital calls/distributions report for distribution to clients Reconciliation of the broker, custodian, bank, and investment manager statements Accounting services; maintenance of the fund’s financial books and records Settlement of daily purchases and sales of securities, ensuring collection of dividends and interests Review of calculation and payment of dividends and distributions to the transfer agent Pricing the portfolio of the fund Management reporting through periodic management review packs Calculation of the total returns and other performance measures of the fund Supervision of the orderly liquidation and dissolution of the fund (if required) Knowledge components: Excellent leadership skills Excellent verbal and written communication skills Ability to meet deadlines under pressure Experience (Yrs and types): 10+ yrs* experience in implementing portfolio management and/or investment accounting systems preferred In-depth experience in hedge funds and private equity.Experience in liquid and illiquid assets Education Levels/Credentials: Accounting graduate CA/CPA/CFA preferredSkills, abilities, and other characteristics: Enthusiastic team player who enjoys both strategic and hands-on work Ability to analyze problems and develop creative solutions to complex product issues Strong interpersonal, communication skills, and the ability to work effectively with all levels of employees Manage multiple clients at a time and a team of 8-10 members.Conduct periodic performance reviews; provides ongoing counsel, training, development and motivation of staff. Physical Work Environment: Office environment Other Duties: Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Please share your resume with ashwini.ashok@
Job Title
Fund Accounting Manager