Fund Accounting Manager

HS Financial Technologies; Manila; On-site; PHP 900,000 - 1,500,000; Full time

Job summary

HedgeServ in Manila is seeking a Fund Accounting Manager to oversee the NAV calculation process and ensure timely, accurate delivery under guidance from the Fund Accounting Director and Managing Director.

You will manage a team, maintain control environments, and develop client relationships while enhancing NAV workflows. A professional accounting background, leadership, and strong communication are essential for this role.

Qualifications

• 5 years’ experience in Hedge Fund Administration with at least 3 of those at supervisor level.
• Accounting, Finance, Legal or Business Degree.
• Intention to actively pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA) 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.
• Good initiative tempered with identifying when escalation is required.
• Strong systems, product and process knowledge.
• Reliable and Dependable.
• Approachable and Committed.
• Ability to positively influence team morale.
• Demonstrate leadership skills.
• Take ownership of designated tasks.
• Act as a role model for HedgeServ

Responsibilities

• Manage client relationships with the Fund Accounting Director to ensure consistency of service.
• Ensure the fund accounting team operates within the defined control environment.
• Manage and develop a fund accounting team of up to 10 employees.
• Resolve fund accounting inquiries 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.

Skills

Client relationship management

Leadership

Analytical skills

Communication skills

Team management

Problem solving

IT literacy

Time management

Interpersonal skills

Flexibility

Education

Accounting/Finance degree

Pursuing professional qualification (ACCA/CIMA/CPA/ACA)

Tools

ERP systems

Financial software

Job description

Job Description:

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:

• 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.

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

Requirements: