Fund Accounting AVP

Madison-Davis, LLC; Miami (FL); On-site; USD 85,000 - 120,000; Full time

Job summary

Madison-Davis, LLC, a leading investment management firm in Miami, seeks an experienced fund accounting professional to oversee fund finance operations and enhance reporting processes. You will collaborate with internal teams and external service providers to ensure timely NAV production and accurate investor communications.

You will review NAVs, fees, capital calls, distributions, and client reporting while helping to improve controls, technology usage, and cross-functional workflows across

Qualifications

• Experience in fund finance, fund accounting or financial operations within investment management.
• Strong knowledge of NAV reviews, fund reconciliations, and investor reporting.

Responsibilities

• Review monthly estimated and final fund NAVs, NAV reconciliations, and investor capital statements.
• Review management and performance fee calculations, capital calls, distributions, and investor notices.
• Analyze foreign currency exposures and coordinate hedging activities.
• Oversee customized client reporting, including time-weighted returns and IRR calculations.
• Review revenue reporting, financial projections, and cash flow analyses to support investment decisions.
• Support the launch and setup of new funds and investment products.
• Coordinate with offshore teams and third-party administrators to ensure accurate and timely NAV production.
• Partner with cross-functional teams across Operations, Middle Office, Pricing, Financial Reporting, Legal, Compliance, and Regulatory Reporting.
• Help improve operational efficiency, internal controls, and reporting processes through technology and outsourced solutions.
• Collaborate with reporting teams on audited financial statements and regulatory filings.
• Review fund legal documentation and assess implications for fund accounting processes.

Skills

Fund accounting

NAV review

Investor reporting

Cross-functional collaboration

Analytical skills

Communication

Tools

NAV systems

Job description

An established investment management organization is seeking an experienced fund accounting professional to join its team. This role offers the opportunity to oversee fund finance operations, enhance reporting processes, and collaborate with teams across the organization and external service providers.

Key Responsibilities:

• Review monthly estimated and final fund NAVs, NAV reconciliations, and investor capital statements.
• Review management and performance fee calculations, capital calls, distributions, and investor notices.
• Analyze foreign currency exposures and coordinate hedging activities.
• Oversee customized client reporting, including time-weighted returns and IRR calculations.
• Review revenue reporting, financial projections, and cash flow analyses to support investment decisions.
• Support the launch and setup of new funds and investment products.
• Coordinate with offshore teams and third-party administrators to ensure accurate and timely NAV production.
• Partner with cross-functional teams across Operations, Middle Office, Pricing, Financial Reporting, Legal, Compliance, and Regulatory Reporting.
• Help improve operational efficiency, internal controls, and reporting processes through technology and outsourced solutions.
• Collaborate with reporting teams on audited financial statements and regulatory filings.
• Review fund legal documentation and assess implications for fund accounting processes.

Ideal Background:

• Experience in fund finance, fund accounting, or financial operations within the investment management industry.
• Strong knowledge of NAV reviews, fund reconciliations, management fees, investor reporting, and fund structures.
• Experience overseeing third-party administrators and collaborating with cross-functional teams.
• Strong analytical, organizational, and communication skills.