Fund Accounting Director

HedgeServ; Ireland; Hybrid; EUR 120,000 - 160,000; Full time

Benefits offered by this job

Full private medical insurance

Permanent health insurance/income

Life insurance

Defined contribution pension

Employee Assistance Programme

Competitive annual holiday entitlement

ACCA/CIMA membership reimbursement

Gym subsidy

Discretionary annual bonus

Referral Program

Remote/hybrid working opportunities

Tuition support for professional exams

Sports and Social Club

Mental health & wellbeing support

Job summary

HedgeServ is seeking a Fund Accounting Director in Ireland to lead NAV processes and manage fund accounting teams across multiple clients. You will coordinate complex accounting topics, oversee P&L allocations and ensure timely regulatory reporting.

You will drive process improvements, recruit and develop staff, and maintain strong relationships with brokers, auditors and legal counsel. A leadership track record in hedge fund administration is essential.

Qualifications

• Demonstrated leadership overseeing fund accounting teams.
• Strong understanding of NAV calculations and complex instruments.
• Experience coordinating multiple client needs and regulatory reports.

Responsibilities

• Participate in new client meetings and present HedgeServ solutions.
• Lead and coordinate fund accounting teams across multiple clients.
• Manage NAV process including fee calculations and P&L allocations.
• Ensure control environment is documented, tested and followed.
• Develop and enhance workflows to reflect evolving controls.
• Recruit, train and evaluate fund accounting staff.
• Maintain relationships with brokers, auditors and legal counsel.
• Oversee client transitions to HedgeServ platform.
• Collaborate with Investor Services, QA, Ops and Compliance departments.

Skills

Leadership

NAV process

Stakeholder mgmt

Analytical skills

Communication

IT literacy

Interpersonal skills

Problem solving

Team building

Job description

A Fund Accounting Director is responsible for all aspects of the NAV process, reporting to the Fund Accounting Managing Director, they are required to lead and coordinate fund accounting teams and contribute to strategic direction. The Fund Accounting Director contributes to the development and implementation of system, procedural and operational enhancements. They ensure the timely and accurate delivery of the NAV process. They are key contacts for ad hoc client requests and issues. As a result, a detailed understanding of the service requirements for Hedge Fund Administration is required.

Key Responsibilities of the Role:

The below list is not finite and may be added to. The combination of tasks required to be executed will vary depending on fund structure, client requirements and business needs.

• Participate in new client meetings, demonstrating HedgeServ software, discussing complex accounting topics and outlining HedgeServ’s solution to their needs with specific focus on fund structures and products traded.
• Work as part of a team of Managers, Directors and Managing Directors, who have ongoing responsibility for developing all aspects of HedgeServ services.
• Understand and be responsible for 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.
• Lead and coordinate fund accounting teams and contribute to strategic direction.
• Manage multiple internal and external stakeholder relationships.
• Ensure the assigned fund accounting team operates within a clearly defined, documented and tested control environment.
• Participate in the continuous development and enhancement of work flows and procedures to reflect the changing control environment.
• Address complex issues, support resolution of critical matters and support special projects or additional tasks as required.
• Responsible for fund accounting employee recruitment, training and performance evaluations.
• Resolve employee complaints in conjunction with HR and the MD group.
• Responsible for the preparation and review of financial and regulatory reports.
• Develop and maintain relationships between HedgeServ and client brokers, auditors and legal counsel.
• Responsible for new client transitions to the HedgeServ platform.
• Establish and maintain effective working relationships with Investor Services, Quality Assurance, Business Development, Operations and Compliance departments within HedgeServ.

HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employees. As such, Fund Accounting Directors should adapt to changing client requirements and business needs.

Fund Accounting Directors should be responsible for managing teams of up to 30 staff in total, servicing multiple clients with various requirements and deadlines.

Education:

Skills and Attributes:

• IT literate
• Strong verbal and written communication skills
• Strong analytical and problem-solving skills
• Ability to be flexible and work effectively either within a team structure or independently
• Strong interpersonal skills
• Good initiative with the ability to prioritise
• Strong systems, product and process knowledge
• Demonstrates professional conduct and consistency in delivering responsibilities
• Support team engagement and effective collaboration
• Demonstrate leadership skills
• Take ownership of assigned tasks
• Demonstrate professional standards aligned with company values

Work Experience:

• Minimum of 9 years’ experience working with a Hedge Fund Administrator with at least 3 of those at Manager level. Alternative fund experience may be considered.

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

• Full private medical insurance so that you can take care of your & your family's health & wellbeing
• Permanent health insurance/income protection as well as Life insurance, so that you can feel secure in any situation
• Defined contribution pension scheme with competitive employer contributions so you can look after your future
• Employee Assistance Programme available to you and your immediate family for support on a variety of matters
• Competitive annual holiday entitlement so that you can slow down and take some time to rest
• Annual professional membership fee reimbursment, e.g. in ACCA, CIMA
• Club/gym subsidy so that you can take care of your body after work
• Discretionary annual bonus scheme
• Referral Program – do you know someone who would like to join us? Referral bonuses are awaiting you!
• Remote/hybrid working opportunities, or from the office
• Tuition support for professional qualification exams that are relevant to your role including paid study and exam leave
• Sports and Social Club – many team outings, company parties, sports activites and charity projects are awaiting you
• Support for workplace equipment and programs promoting mental health and wellbeing – because your comfort and health matter to us