NAV Director

hs financial technologies; Philippines; Hybrid; PHP 1,800,000 - 2,700,000; Full time

Benefits offered by this job

Hybrid work arrangement

Job summary

HS Financial Technologies is seeking a Fund Accounting Director to lead NAV processes, provide strategic direction to fund accounting teams, and drive enhancements in systems and procedures. You will oversee complex accounting topics, client requests, and transition of new clients to the HS platform.

Ideal candidates have 9+ years in hedge fund administration, with leadership experience, and strong communication, analytical, and process knowledge. Hybrid work arrangements are expected.

Qualifications

• Minimum of 9 years experience with a Hedge Fund Administrator, at least 3 in a Manager role.
• IT literate with strong technical aptitude.
• Excellent verbal and written communication skills.
• Strong analytical and problem-solving abilities.
• Flexible to work in a team or independently.
• Strong interpersonal skills and initiative.
• Able to prioritize and manage multiple priorities.
• Broad knowledge of systems, products and processes in fund accounting.
• Reliable, flexible and dependable demeanor.
• Approachable and committed with leadership presence.
• Ability to influence team morale positively.
• Demonstrate leadership and take ownership of tasks.
• Role model for HS Financial Technologies.

Responsibilities

• Participate in client meetings, presenting HS Financial Technologies solutions.
• Lead and collaborate with a team of managers and directors on services.
• Own NAV process responsibilities including fee calculations and P&L allocations.
• Provide leadership and strategic direction to fund accounting teams.
• Manage multiple internal and external relationships.
• Maintain a clearly defined control environment.
• Develop and enhance workflows and procedures.
• Resolve complex issues and lead special projects.
• Recruit and evaluate fund accounting staff.
• Address HR-related employee issues with MD group.
• Prepare and review financial and regulatory reports.
• Maintain client broker, auditor, and legal relationships.
• Oversee transitions of new clients to the platform.
• Coordinate with Investor Services, QA, BD, Operations, Compliance.
• Hybrid work arrangement: some office and home time.

Skills

Leadership

Communication

Analytical thinking

IT literacy

Problem solving

Team flexibility

Interpersonal skills

Prioritization

Process knowledge

Reliability

Approachability

Ownership

Education

Accounting/Finance/Legal/Business degree

Job description

Key Responsibilities of the Role:

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.

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 HS Financial Technologies software, discussing complex accounting topics and outlining HS Financial Technologies 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 HS Financial Technologies 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 internally 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 HS Financial Technologies and client brokers, auditors and legal counsel.
• Responsible for new client transitions to the HS Financial Technologies platform.
• Establish and maintain effective working relationships with Investor Services, Quality Assurance, Business Development, Operations and Compliance departments within HS Financial Technologies.
• Hybrid working arrangements – may be required to spend time working in the office as well as working from home

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 prioritize
• Strong systems, product and process knowledge
• Reliable, flexible and dependable
• Approachable
• Committed
• Ability to positively influence team morale
• Demonstrate leadership skills
• Take ownership of designated tasks
• Act as a role model for HS Financial Technologies

HS Financial Technologies 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.