Fund Accounting Manager

HedgeServ Ltd; Ireland; On-site; EUR 60,000 - 80,000; Full time

Job summary

A leading fund administration company in Ireland is seeking a Fund Accounting Manager to oversee the NAV calculation process and manage client relationships. The role requires at least 5 years of experience in Hedge Fund Administration, with a solid foundation in accounting. The successful candidate will lead a team, ensure compliance with guidelines, and drive performance enhancements. The company offers a collaborative culture focused on development and innovation, along with opportunities for career advancement.

Qualifications

• 5 years’ experience in Hedge Fund Administration, 3 years at supervisor level.
• Commitment to pursue a professional accounting qualification.
• IT literate with knowledge of systems, products and processes.

Responsibilities

• Manage overall NAV calculation process with team of up to 10 employees.
• Ensure timely, accurate delivery of NAV calculations.
• Develop and improve NAV calculation workflows and procedures.

Skills

English verbal and written communication skills

Analytical skills

Problem-solving skills

Interpersonal skills

Flexibility

Education

Accounting, Finance, Legal or Business Degree

Tools

Accounting software

Job description

Overview

At HedgeServ, we’re redefining what’s possible in fund administration. With more than $700 billion in assets under administration, we partner with the world’s most forward-thinking investment managers across private equity, private credit, endowments, hedge funds and more to deliver seamless, tech-enabled solutions that drive performance.

Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. We offer award-winning service through our team-based approach led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.

We’re a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values – Relationships, Support, Innovation, and Expertise – create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission.

Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia.

Job Description

A Fund Accounting Manager will be required to manage the overall NAV calculation process within the guidelines and procedures provided by HedgeServ 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.
• 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 within HedgeServ.

HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee. As such a Fund Accounting Manager should be flexible and willing to adapt.

A Fund Accounting Manager should be capable of 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 inter-personal skills
• Good initiative tempered with identifying when escalation is required
• Strong systems, product and process knowledge
• Reliable and Dependable
• Approachable
• Committed
• Ability to positively influence team morale
• Demonstrate leadership skills
• Take ownership of designated tasks
• Act as a role model for HedgeServ 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.