Job Description

Title: Fund Accounting Manager

Job Type: Full-time Permanent

Location: Dallas, TX (Hybrid)

The Challenge:

A Fund Accounting Manager will be required to manage the overall NAV calculation process within the guidelines and procedures provided by the client and under the supervision and guidance of a Fund Accounting Director 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 .

Responsibilities:

• Managing client relationships involving interaction with both the client and the relevant Fund Accounting Director 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 10 employees.
• Resolve fund accounting enquiries escalated by Supervisor or Administrator.
• Ensure all aged items on cash and position reconciliations are resolved timely.
• Review daily and monthly NAV calculations.
• Develop and improve NAV calculation workflows and procedures.
• Review fee calculations and profit and loss allocations.
• Review applicable monthly, yearly and inception to date performance.
• 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 initialization and transition
• Participate in development and presentation of fund accounting training.
• Manage fund accounting recruitment, training and performance evaluations.
• Resolve exceptional problems and take on special projects or tasks as assigned.
• Handle complex calls from clients.
• Establish and maintain effective working relationships with the Investor Services, Quality Assurance, Client Servicing and Compliance departments.

Pre-requisite knowledge, skills and experience:

• Minimum of 5 years' experience working in a Hedge Fund Administration Firm with at least 3 of those at supervisor level is desired. Alternative Hedge Fund experience may be considered.
• Accounting, Finance, Legal or Business Degree. Min. 2.2 honors degree
• 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 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 inter-personal skills
• Good initiative tempered with identifying when escalation is required
• Strong systems, product and process knowledge
• Ability to positively influence team morale
• Demonstrate leadership skills
• Take ownership of designated tasks

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