Fund Accounting Director (Luxembourg Location)

HedgeServ Ltd; Poland; On-site; PLN 297,999 - 425,713; Full time

Benefits offered by this job

Permanent Health Insurance & Life Insurance

Employee Assistance Programme

Defined contribution pension scheme with employer contributions

Generous annual holiday entitlement

Club/gym subsidy

Monthly lunch vouchers

Discretionary annual bonus scheme

Referral Programme

Sports and Social Club

Support for workplace equipment promoting mental health

Job summary

A leading hedge fund administration firm in Poland is seeking a Fund Accounting Director to oversee the NAV process, manage client transitions, and lead fund accounting teams. The ideal candidate has a degree in Accounting or Finance, at least 9 years of relevant experience, and strong analytical skills. The role offers a hybrid work model and various benefits including health and life insurance, a pension scheme, and generous holiday entitlement.

Qualifications

• Minimum of 9 years’ experience working with a Hedge Fund Administrator, with at least 3 at Manager level.
• Ability to positively influence team morale.
• Demonstrated leadership skills.

Responsibilities

• Provide leadership and strategic direction for assigned fund accounting teams.
• Responsible for the preparation and review of financial and regulatory reports.
• Understand and manage all aspects of the NAV process.

Skills

Strong verbal and written communication skills

Strong analytical and problem-solving skills

IT literate

Strong interpersonal skills

Leadership skills

Ability to work independently or within a team

Education

Accounting, Finance, Legal or Business Degree

Job description

Fund Accounting Director

A Fund Accounting Director is responsible for all aspects of the NAV process, reporting to the Fund Accounting Managing Director, and provides leadership and strategic direction for assigned fund accounting teams. The role contributes to the development and implementation of system, procedural and operational enhancements, ensuring timely and accurate delivery of the NAV process, and serves as a key contact for ad hoc client requests and issues. It requires a detailed understanding of the service requirements for Hedge Fund Administration.

Key Responsibilities

• 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 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 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.

Education

• Accounting, Finance, Legal or Business Degree. Minimum 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
• Employee Assistance Programme
• Defined contribution pension scheme with employer contributions
• Generous annual holiday entitlement
• Club/gym subsidy
• Monthly lunch vouchers
• Discretionary annual bonus scheme
• Referral Programme
• Hybrid working
• Sports and Social Club
• Support for workplace equipment and programs promoting mental health and wellbeing