Senior Fund Accountant
The Senior Fund Accountant will be responsible for the administration of complex investment funds, including portfolio valuation and Net Asset Value calculation, as well as assisting with the preparation of financial statements. They will liaise with investors, investment managers, and other stakeholders to ensure timely completion of tasks.
Our client is a leading fund administrator, delivering services and technology to various asset classes, including private debt, hedge funds, and private equity funds.
Key Responsibilities
* Calculate Net Asset Value on a weekly, bi-weekly, monthly, and/or quarterly basis.
* Liaise with investment managers, prime brokers, and custodians to process transactions and prepare NAVs.
* Track cash items, perform three-way reconciliations, and obtain third-party pricing support where needed.
* Review and validate partner/shareholder allocation calculations, including management and incentive fee calculations.
* Calculate and send out Estimated and Final NAV as required.
Client Relationship Management
* Liaise with clients, investors, investment managers, and other stakeholders as needed.
Projects
* Participate in special projects.
* Assist with System Development.
Reporting
* Prepare monthly, quarterly, and annual financial reports.
Audit
* Liaise with the fund's auditors at year end and interim periods to ensure sufficient information is provided.
* Complete audit confirmation requests.
Capital Events
* Prepare allocations for fund investors.
* Prepare letters to be sent to the fund investors.
New Business
* Acquire or assist in new business conversions and reconciliation.
Financial Statements
* Assist in the preparation and review of fund audited financial statements.
* Understand fund agreements to determine impact on financial reporting.
Compliance
* Monitor and ensure AML checks are carried out according to procedures and legislation.
* Respond to Investor due diligence requests.
Fees
* Calculate recurring fees as set out in various agreements.
* Process fees and expenses on behalf of the clients as directed by Administration Agreement.
Quality Assurance Testing
* Conduct quality assurance testing following defined practices and procedures.
* Make recommendations for updates.
Qualifications
* University graduate with a professional accounting qualification (CA, CPA, CGA, CMA, or equivalent).
* Minimum 2 years of experience in fund accounting, with a focus on complex securities and derivatives products.
* Strong understanding of fund administration processes and financial reporting standards.
* Excellent communication, analytical, and problem-solving skills.
This role offers the opportunity to work with a dynamic team, receive a competitive compensation package and benefits, and enjoy professional development and growth opportunities in the financial services industry.
Located in the vibrant Cayman Islands, offering a high quality of life and stunning natural beauty.
If you're ready to take the next step in your career as a Senior Fund Accountant, apply now to join our client's esteemed team