Fund Accounting Account Manager 12-8 p.m. EST / Part-Time Option

Stone Coast Fund Services Ltd.; Bristol (RI); Remote; USD 70,000 - 110,000; Full time

Benefits offered by this job

Health coverage

401(k) with employer match

Paid time off and holidays

Fully paid community service days

Job summary

Stone Coast Fund Services Ltd. is seeking a fund accountant to join our Fund Accounting team, focusing on hedge funds and investor reporting. The role supports primary liaison with fund managers and service providers, handling P&L allocations, expenses, reports, and regulatory requests.

The ideal candidate has three+ years of hedge fund fund accounting experience, proficiency in Advent Geneva World Investor, and advanced Excel. Four-year degree in Accounting/Finance is preferred.

Qualifications

• 3+ years of hedge fund fund accounting experience.
• Experience liaising with fund managers and service providers.
• Proficiency with Advent Geneva World Investor and Excel.

Responsibilities

• Allocate P&L to investors and calculate fees.
• Process fund expenses and ensure timely wire requests.
• Generate fund/investor reports and deliver to managers.
• Prepare materials for boards, audits, and regulatory requests.
• Review NAV and investor statements for accuracy.
• Mentor and support fund accountants.
• Ensure tasks are completed accurately and on time.

Skills

Fund accounting

Advanced Excel

Communication with fund managers

Financial reporting

Risk management awareness

Education

Bachelor's degree in Accounting/Finance

Tools

Advent Geneva World Investor

Microsoft Office

Job description

We are offering flexible scheduling options to support both end-of-day coverage and local hiring needs. This role may be structured as a full-time position working approximately 12:00 p.m. – EST, or as a part-time opportunity solely for candidates based in Maine. We offer remote work flexibility, competitive pay and benefits, opportunity for promotion, and the chance to give back through fully paid community service days. We invest in our employees and our community, and continue to grow with a focus on quality, culture, and long-term retention.

As a member of the Fund Accounting team, this position is responsible for the following:

• Allocate profit and loss to investors including the calculation of management and performance fees
• Process and record fund expense payments and ensure cash wire requests are completed accurately and timely
• Generate and deliver fund and investor reports to fund managers and investors of assigned clients
• Prepare and deliver supporting materials as necessary for board meetings, financial statements and audit and regulatory requests related to assigned clients
• Communication with internal and external entities to ensure best in class service levels; Review fund’s net asset value (NAV), investor statements and other work prepared by accountants for completeness and accuracy measuring against industry standards and internal procedures
• Mentor, train, and support fund accountants
• Assure fund accounting tasks are completed accurately and timely

The ideal candidate will have three or more years of experience in fund accounting for hedge funds and will be comfortable and proficient acting as a primary liaison with fund managers and other fund service providers.

• Familiarity with the types of investments held by hedge funds a plus
• Experience working with portfolio and investor accounting systems, in particular Advent Geneva World Investor a plus
• Experience with financial reporting, information security and client, vendor, and risk management a plus
• Proficiency with Microsoft Office is essential, advanced Excel (formulas, pivot tables, and filtering) are a must.

Four-year college degree preferably in Accounting, Finance, Business Management or Economics.

Applications for this role will be accepted on an ongoing basis until filled.

The actual salary will be determined based on a variety of factors, including relevant experience, skills, education, specific responsibilities and assignments, and internal equity considerations.

This position is also eligible for a discretionary bonus based on individual and company performance.

Benefits and Compensation

• Health & coverage: medical (including HSA options), dental, and vision plans
• Financial protection: company-paid life insurance and AD&D, with additional voluntary coverage options including short- and long-term disability
• Retirement & financial support:
  • 401(k) with employer match and immediate vesting
  • Student loan repayment support
• Tax-advantaged accounts: HSA and flexible spending accounts (medical and dependent care)
• Time off & flexibility: paid time off and holidays aligned with the NYSE market calendar
• EAP, commuter benefits with employer contribution, employee referral program, and optional insurance coverage (critical illness, accident, hospital)
• Community engagement: dedicated paid time to support causes and organizations meaningful to you

Remote/Hybrid Work Flexibility

Fully remote full-time work opportunities will be considered for residents of one of the following states:

The quality of our services derives solely from the quality of our people. Therefore, we seek smart, hard-working, ethical, and friendly professionals – from recent college graduates to fund administration veterans.

Stone Coast strives to reflect the community of which we are grateful to be a part and are committed to providing an environment of mutual respect, where equal employment opportunities are available to all applicants and employees without regard to race, religion, ethnicity, national origin, sex, sexual orientation, gender or gender identity, disability, age, veteran status, or any other status protected under applicable law.

Stone Coast Fund Services is an award-winning, steadily growing hedge fund administrator that’s found a better way in a better place. With a sole office in Portland, Maine, Stone Coast comprises over 200 hard-working and smart professionals who deliver administration services to over 100 hedge fund managers around the country with investors around the world. Our mission, to “take pleasure in work done well, and in working well with together,” is an obligation to our clients, to their investors, to our communities and ultimately to our peers and ourselves. Fund administration, done well, requires carefully selecting smart, dedicated professionals and providing them with the resources, training and workplace culture that will engender their loyalty and bring out their best. Stone Coast is in the heart of Portland’s Old Port waterfront, a picture-perfect tourist destination that we’re fortunate to call home. From our front door, we can walk to award-winning restaurants, cafes, museums and shops. Living in Portland and surrounding areas offers excellent schools, minimal commutes and proximity to beaches, mountains and state parks.