NAV Director

HedgeServ; Manila; Hybrid; PHP 1,800,000 - 2,800,000; Full time

Job summary

HedgeServ is seeking a Fund Accounting Director in Manila to lead and shape NAV processes across client funds. You will provide strategic direction to fund accounting teams and ensure timely, accurate reporting and client satisfaction.

The role requires strong leadership, deep hedge fund accounting experience, and the ability to manage multi-client relationships in a hybrid work setting with office and remote work.

Qualifications

• Minimum of 9 years in hedge fund administration with 3+ years at manager level.
• IT literate with strong systems knowledge.
• Strong verbal and written communication skills.
• Analytical and problem-solving abilities.
• Flexible and effective in team or independent settings.
• Strong interpersonal skills and reliability.

Responsibilities

• Participate in new client meetings, outlining HedgeServ’s solution for fund structures.
• Lead a team of Managers, Directors and MDs to develop HedgeServ services.
• Oversee NAV process including fee calculations, P&L allocations and instrument accounting.
• Provide leadership and strategic direction for assigned fund accounting teams.
• Manage multiple client relationships, internally and externally.
• Ensure the team operates within a defined, tested control environment.
• Drive workflow and procedure improvements to reflect changing controls.
• Resolve problems and take on special projects as needed.
• Recruit, train and evaluate fund accounting staff; address HR concerns with MD group.
• Prepare and review financial and regulatory reports.
• Build and maintain relationships with brokers, auditors and legal counsel.
• Oversee transitions of new clients to the HedgeServ platform.
• Collaborate with Investor Services, QA, Business Development, Operations and Compliance.
• Hybrid working arrangement – some time in the office and from home.

Skills

Leadership

Communication

Analytical thinking

Problem-solving

Interpersonal skills

Flexibility

Team management

Industry knowledge

Process improvement

IT literacy

Education

Accounting, Finance, Legal or Business Degree

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 provide leadership and strategic direction for assigned fund accounting teams. 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.
• Provide leadership and strategic direction for assigned fund accounting teams.
• Efficiently manage multiple relationships both internal and externally.
• 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.
• Resolve exceptional problems and take on special projects or tasks as assigned.
• 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 andCompliance departments within HedgeServ.
• Hybrid working arrangements – may be required to spend time working in the office as well as working from home

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

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

Education:

Accounting, Finance, Legal or Business Degree.

Skills and Attributes:

• 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.
• 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
• Reliable, flexible and dependable
• Approachable
• Ability to positively influence team morale