Fund Accountant - Credit Based Funds

HedgeServ Corporation, HedgeServ Limited; Manila; On-site; PHP 1,850,709 - 3,084,515; Full time

Benefits offered by this job

Comprehensive health and well-being benefits

Remote and hybrid working arrangements

Job summary

HedgeServ Corporation is hiring a Fund Accountant in Manila. This role involves managing daily, weekly, and monthly NAV for credit-based funds, handling reconciliations, and ensuring accurate processing of financial data. Candidates should possess at least 1 year of relevant experience and a degree in Accounting, Finance, or a related field. The company offers hybrid working arrangements and is committed to employee development and well-being.

Qualifications

• 1+ years’ experience in a similar role on credit based funds.
• Knowledge of bank loans required.
• Strong verbal and written communication skills.

Responsibilities

• Assist in the production of daily, weekly and monthly NAV of credit based funds.
• Perform cash, position and market value reconciliations.
• Calculate and process income and expense accruals.

Skills

Knowledge of bank loans

Analytical skills

Attention to detail

Communication skills

Problem-solving skills

Education

Degree in Accounting, Finance, Legal or Business

Job description

# Work With UsFund Accountant page is loaded## Fund Accountantlocations: Manilaposted on: Posted Todayjob requisition id: R6499At 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. Alongside our technology, 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.HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We’ve been recognized as an employer of choice, earning a top 100 workplaces designation.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. We’ve earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.A Fund Accountant (Credit based funds)will be required to execute the following tasks within the fund accounting or NAV department. They shall be executed within the guidelines and procedures provided by HedgeServ and under the supervision and guidance of a Fund Accounting Supervisor and Fund Accounting Manager. Reconciliation, trade capture, processing corporate actions, fixed income and bankloan accruals and pricing are an integral part of the Fund Accountant’s role. They will be required to perform these core tasks accurately and in a timely and efficient manner. Every Fund Accountant will receive the requisite Induction Training in addition to both compulsory training (AML/KYC) and optional training. Additional, client-specific training will be provided by the NAV Supervisor.**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.* Assist in the production of daily, weekly and monthly NAV of credit based funds, ensuring completion of specified tasks per NAV checklists* Perform cash, position and market value reconciliations between HedgeServ, brokers and clients* Identify and investigate break items on reconciliations in a timely manner* Escalate fund accounting issues and aged items to the Fund Accounting Supervisor* Ensure all positions are priced correctly* Verify corporate actions and bankloan events to ensure accurate processing* Prepare fixed income and bankloan (including delayed compensation) accrual checks* Prepare daily profit and loss reports and review for reasonableness* Calculate and process income and expense accruals including fee calculations and trading accruals* Comply with HedgeServ’s defined checklists, procedures and controls* Assist in the audit process if required* Attend and participate in team meetings* Converse and liaise with internal service departments to resolve miscellaneous fund issues.* Ensure pre agreed internal and external deadlines are met consistently* HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee* As such a Fund Accountant should be flexible and willing to adapt**Pre-requisite knowledge, skills and experience*** 1+ years’ experience in a similar role on credit based funds* Knowledge of bank loans (Broadly Syndicated Loans, Private Credit) required* Accounting, Finance, Legal or any business related degree course* Intention to actively pursue a professional accounting qualification CPA, is not required but would be an advantage.* IT Literate* Strong verbal and written communication skills* Strong analytical and problem-solving skills* Strong attention to detail and well organized* Ability to work under pressure and to tight deadlines* Ability to be flexible and work effectively both within a team structure and independently* Strong inter-personal skills* Good initiative tempered with identifying when escalation is required.* Reliable, dependable and committed* Take ownership of designated tasks* Act as a role model for HedgeServAt HedgeServ, our people are at the core of everything we do. We aspire to grow and challenge the status quo and it is our high calibre talent that drives our progress.We deliver success with the biggest clients because we have the best people working for us. We're committed to rewarding performance with competitive salary & benefits packages and ongoing learning and development opportunities.If you’d like a challenging and rewarding career, we’d love to hear from you.HedgeServ has a culture of innovation, excellence, and continuous improvement which has continued to evolve through our employees. Our corporate values create a sense of shared purpose and belonging as we work together to achieve the vision and mission of HedgeServ. We experience successful results through demonstrating the below values and behaviors which are at the core of how we communicate with employees and clients.* We work collaboratively, focusing on end-to-end ownership and autonomy in our processes.* We share knowledge across our teams and offices to gain expert and diverse views.* We develop long-term relationships through investment and commitment to our employees and clients.* We communicate in personal, inviting, and authentic ways whether face-to-face or virtually.* We focus on employee health and well-being.* We are empathetic and committed to diversity and inclusion.* We listen to each other and think about what we want to say and then respond.* We embrace corporate social responsibility and our ability to impact and enrichen the lives of our team, their families, our clients, and the world around us.* We confidently challenge the status quo with respect and positive intent.* We offer a leading-edge suite of proprietary technology applications.* We rapidly adapt to current information, changing conditions, or unexpected obstacles.* We act with vision, agility, and resilience.* We listen to each other’s ideas and value diverse perspectives.We are the most experienced team of industry experts. We share our knowledge with each other to make us stronger; we share our knowledge with our clients to make them stronger. There is no question we can’t answer, nor any problem we can’t solve.* We cultivate a productive and agile environment which allows us to anticipate our clients’ needs and consistently deliver solutions in real time.* We embrace an entrepreneurial spirit while leveraging the resources of a global organization.* We scale our resources to meet the requirements