Fund Accounting Manager

HS Financial Technologies; Cork; Hybrid; EUR 90,000 - 120,000; Full time

Benefits offered by this job

Full private medical insurance

Permanent health insurance/income

Defined contribution pension

Employee Assistance Programme

Holiday entitlement

Membership fee reimbursement

Discretionary annual bonus

Employee Referral Program

Remote/hybrid working

Tuition support for professional exams

Job summary

HS Financial Technologies is seeking an experienced Fund Accounting Manager to oversee NAV calculations and client relationships. You will supervise a team of up to 10 staff, ensure adherence to control environments, and drive efficiency in workflows and procedures.

The role includes managing audits, training, and development, while engaging with clients on complex queries and ensuring timely delivery of fund reporting. A strong accounting/finance background and leadership skills are essential.

Qualifications

• Minimum 5 years in Hedge Fund Administration with 3+ years in supervisor role.
• Accounting/Finance/Legal or Business degree required.
• Pursuit of ACCA/CIMA/CPA/ACA advantageous but not required.
• IT literate with strong English communication skills.

Responsibilities

• Manage client relationships with Fund Accounting Director and MD to ensure consistency of service.
• Ensure fund accounting team operates within defined control environment and up to 10 staff.
• Review NAV calculations, fee calculations, and P&L allocations on a regular basis.
• Oversee audits and preparation of fund financial statements.
• Lead recruitment, training, performance reviews, and escalation handling.
• Engage with clients on complex queries and drive issue resolution.

Skills

Leadership

Communication skills

Analytical skills

Problem solving

Education

Accounting/Finance or Business degree

Job description

A Fund Accounting Manager will be required to manage the overall NAV calculation process within the guidelines and procedures provided by HS Financial Technologies 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. Every Fund Accounting Manager will receive the requisite Induction Training in addition to both compulsory training (AML/KYC) and optional training. Additional client-specific training is provided by the Director and Managing Director.

Key Accountabilities 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 both client structure, client requirements and business needs.

• 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.
• Address fund accounting enquiries escalated by Supervisor or Administrator.
• Ensure all aged items on cash and position reconciliations are addressed in a timely manner.
• 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.
• Address complex issues and support resolution of critical matters as assigned.
• Engage with clients on complex queries.
• Establish and maintain effective working relationships with the Investor Services, Quality Assurance, Client Servicing and Compliance departments within HSFT.

HSFT operates a client focused structure which provides a wide-range of experience to all levels of employee. As such a Fund Accounting Manager should adapt to changing client requirements and business needs.

A Fund Accounting Manager should be responsible for managing a team of up to 10 staff servicing clients with various requirements and deadlines.

Pre-requisite knowledge, skills and experience

• 5 years’ experience working in a Hedge Fund Administration Firm with at least 3 of those at supervisor level is desired
• Accounting, Finance, Legal or Business 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 English 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 interpersonal skills
• Demonstrates initiative while applying appropriate escalation processes
• Strong systems, product and process knowledge
• Demonstrates consistency in delivering responsibilities and maintaining professional standards
• Support team engagement and effective collaboration
• Demonstrate leadership through team coordination, development, and oversight
• Take responsibility for assigned tasks
• Act as a role model for HS Financial Technologies Ltd

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.

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
• Permanent health insurance/income protection as well as Life insurance
• Defined contribution pension scheme with competitive employer contributions
• Employee Assistance Programme available to you and your immediate family
• Competitive annual holiday entitlement
• Annual professional membership fee reimbursement
• Discretionary annual bonus scheme
• Employee Referral Program
• 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