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

Stone Coast Fund Services Ltd.; Iowa; Remote; USD 70,000 - 105,000; Full time

Benefits offered by this job

Health & vision/dental

401(k) with employer match

Paid time off

Paid community service days

Job summary

Stone Coast Fund Services is seeking a fund accounting professional to manage portfolio activity, compute NAVs and allocate fees for hedge fund clients. You will deliver timely investor reports and support board materials while mentoring junior staff.

The role offers flexible scheduling with remote options and a strong focus on accuracy, internal controls, and client service. Experience with Advent Geneva and Excel is valued.

Qualifications

• Three+ years of hedge fund accounting experience.
• Liaison with fund managers and other fund service providers.
• Familiarity with hedge fund investments is a plus.
• Proficiency with Microsoft Office, especially Excel.

Responsibilities

• Record and reconcile portfolio and fund activity for clients.
• Calculate NAV per industry standards and internal procedures.
• Allocate profits and losses; compute management and performance fees.
• Process fund expense payments; ensure timely wire requests.
• Generate fund and investor reports for managers and investors.
• Prepare materials for board meetings, statements, audits and regulatory requests.
• Communicate with internal/external entities to ensure service levels.
• Review NAV and investor statements for accuracy against standards.
• Mentor and train fund accountants.
• Ensure tasks are completed accurately and timely.

Skills

Fund accounting

NAV calculation

Investor reporting

Advanced Excel

Client communication

Education

Bachelor's degree in Accounting/Finance

Tools

Advent Geneva

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. – 8:00 p.m. EST, or as a part-time opportunity solely for candidates based in Maine.

We’ve founded a company that values you: your time, your career, your talents and drive. 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.

The Position

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

• Record and reconcile all portfolio and fund activity for assigned clients
• Calculate the fund’s NAV adhering to industry standards and internal procedures
• 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; build relationships of cooperation
• 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

Qualifications and Experience

The ideal candidate has the following:

• 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 working in an environment with internal control procedures, operating procedures, workflows, control checklists, and other elements of an internal control system a plus
• Experience with financial reporting, information security and client, vendor, and risk management a plus
• Must be able to learn complicated concepts quickly
• Proficiency with Microsoft Office is essential, advanced Excel (formulas, pivot tables, and filtering) are a must.

Education Requirements

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

Compensation

• The expected salary range for this role is $70,000 – $105,000.
• 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 & Perks

• 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
• Additional programs: 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: AR, AZ, CO, CT, DC, FL, GA, IN, IA, KS, KY, ME, MA, MD, MI, MO, NH, NV, NJ, NC, OR, PA, RI, SC, TN, TX, VA, WA, WI.

Interested?

We seek high aptitude, intellectually curious candidates that enjoy working as part of a team, satisfying our clients and striving for the highest standards. 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.

Inclusivity & Equal Opportunity Statement

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.

The Company

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. We hire carefully, treat people well, and are rewarded by low turnover in an industry where high turnover is the norm.

The Mission

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. To that end, we strive to develop and nurture relationships that are characterized by trust, respect, and affection. We look for colleagues – and clients – who will share and reciprocate these values.

The Location

Our location is central to our mission. Stone Coast is in the heart of Portland’s Old Port waterfront, a picture-perfect tourist destination that we’re fortunate to call home. Our offices offer beautiful views of Portland Harbor and the islands of Casco Bay. 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.