Fund Accounting Director (Luxembourg location)

Hedgeserv (Poland) Llc Spółka Z Ograniczoną Odpowiedzialnością Oddział W Polsce; Kraków; Hybrid; PLN 260,000 - 480,000; Full time

Benefits offered by this job

Permanent Health Insurance

Life Insurance

Defined contribution pension scheme

Generous annual holiday entitlement

Hybrid working

Discretionary annual bonus scheme

Referral Programme

Lunch vouchers

Wellbeing support

Job summary

HedgeServ is seeking a senior Fund Accounting Director to lead NAV processing, supervise up to 30+ staff across multiple clients, and drive performance in a fast-paced hedge fund administration environment.

You will shape strategy, oversee recruitment and training, and collaborate with client teams, auditors, and compliance to ensure accuracy and timely delivery of services. Hybrid working and health benefits are offered.

Qualifications

• Minimum of 9 years’ experience in a Hedge Fund Administrator environment.
• Experience at least 3 years at Manager level or equivalent.

Responsibilities

• Lead and direct fund accounting teams with emphasis on NAV processes and client service.
• Oversee recruitment, training and performance evaluations of staff.
• Maintain and develop relationships with client brokers, auditors and legal counsel.
• Ensure control environments are documented, tested and followed.
• Drive improvements to workflows and procedures in response to changing controls.
• Collaborate with HR and MD group on employee concerns and performance management.

Skills

Leadership

Strategic direction

Communication

Analytical abilities

Team management

Relationship building

Adaptability

Education

Accounting/Finance/Legal or Business Degree

Tools

HedgeServ software

Job description

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. 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 recognised as an employer of choice, earning a top 100 workplaces designation. Founded in 2008, HedgeServ has grown into a global organisation 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 Accounting Director oversees all aspects of the NAV process, reporting to the Fund Accounting Managing Director, they are required to provide leadership and contribute to the strategic direction of 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

• 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 oversee 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.
• Maintain and develop multiple internal and external relationships.
• 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.
• Address complex or non‑routine matters and take on special projects or tasks as assigned.
• Responsible for fund accounting employee recruitment, training and performance evaluations.
• Support the resolution of employee concerns in collaboration with HR and the MD group.
• Oversee recruitment, training and performance review processes.
• 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 and Compliance departments within HedgeServ.
• 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 leading and supporting teams of up to 30 employees, servicing multiple clients with various requirements and deadlines.

Education

Accounting, Finance, Legal or Business Degree. Min. 2.2 honours degree.

Skills and Attributes

• 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
• Committed
• Ability to positively influence team morale
• Demonstrate leadership skills
• Take ownership of designated tasks
• Act as a role model for HedgeServ

Work Experience

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.

Benefits

• Permanent Health Insurance & Life Insurance so that you can feel secure in any situation
• Employee Assistance Programme available to you and your immediate family for support on a variety of matters
• Defined contribution pension scheme with employer contributions so you can look after your future
• Generous annual holiday entitlement so that you can slow down and take some time to rest
• Club/gym subsidy so that you can take care of your body after work
• Monthly lunch vouchers
• Discretionary annual bonus scheme
• Referral Programme – do you know someone who would like to join us? Referral bonuses are awaiting you!
• Hybrid working
• Sports and Social Club – many team outings, company parties, sports activities and charity projects are awaiting you
• Support for workplace equipment and programs promoting mental health and wellbeing – because your comfort and health matter to us

At 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. 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 in partnership with each other and our clients; collaboration is at the core of what we do. 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 empower and trust employees so they can realize their full potential on an individual and organizational level. We leverage our global reach for positive local impacts. 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 enrich the lives of our team, their families, our clients, and the world around us. We embrace an entrepreneurial spirit and growth mindset where change is a positive dynamic. 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 of our clients. We foster continuous training and professional development.