Fund Accounting Manager

Trident Trust; Atlanta (GA); On-site; USD 120,000 - 170,000; Full time

Job summary

Trident Trust seeks a Manager of Fund Accounting to oversee multiple hedge fund clients, guiding Senior and Staff Accountants and ensuring timely, accurate reporting.

You will manage complex GAAP-based accounting, portfolio valuation, and investor reporting, with responsibility for staff development and process improvements. Location is Atlanta, with consideration for exceptional candidates in Houston or Boston.

Qualifications

• Undergraduate degree in accounting or finance; master’s preferred.
• 3–5 years related or comparable experience.
• Experience with Advent Geneva, QuickBooks, or Allvue; ability to learn new software.
• Firm understanding of GAAP, specifically for fund accounting.
• Excellent problem solving, analytical, and communication skills.
• 1–3 years of supervisory experience.

Responsibilities

• Oversee accounting, financial reporting, investor reporting, and cash management for hedge funds and private equity funds.
• Prepare and review portfolio accounts, valuation, fee calculations and pricing.
• Hire, train, coach, and manage staff to meet client tasks.
• Build and maintain client relationships and coordinate with service providers.
• Coordinate audits and prepare audited financial statements and footnotes.
• Onboard new clients and handle ad hoc requests.
• Identify process improvements and leverage technology to gain efficiencies.
• Maintain GAAP-based books and records.
• Scope new engagements for existing clients.

Skills

Leadership

Communication

Problem solving

Supervisory experience

Team management

Client communication

Education

Bachelor's degree in accounting or finance

Master’s degree preferred

Tools

Advent Geneva

QuickBooks

Allvue

Job description

The Manager of Fund Accounting is responsible for managing the activities of multiple clients assigned, overseeing the Senior and Staff Accountants to ensure that the client’s needs are being met and tasks are being delegated appropriately. The position is

responsible for reviewing work, providing guidance and training, and assisting with the monitoring and assessment of current processes and procedures.

In addition, the Manager of Fund Accounting manages sophisticated reporting and communications for hedge fund clients and fund managers.

Our primary location for this role is Atlanta, but we’re also open to exceptional candidates based in Houston or Boston.

DUTIES

• Performs and reviews the accounting, financial reporting, investor reporting, and cash management operations of hedge funds and private equity funds.
• Prepares and reviews portfolio accounts, valuation, fee calculations and security pricing.
• Hires, trains, coaches and manages assigned staff member(s) to provide and effectively meet and maintain assigned clients’ recurring fund administration tasks.
• Builds and maintains positive client relationships, as well as service providers that work with clients.
• Manages the accounting responsibilities related to the implementation of new funds.
• Works directly with the client to agree on services to be performed, based on an understanding of Trident’s service agreement with clients and the controlling documents for the funds/entities.
• Monitors and evaluates current processes and technology and works with peers and senior management to improve and gain efficiencies.
• Maintains principle books and records in accordance with GAAP.
• Scopes new engagements and special projects for existing clients.
• Prepares and reviews portfolio accounts, valuation, fee calculations, and security pricing.
• Prepares and reviews statistical analyses of stock basis, profit and loss, and intercompany accounts for a variety of transactions.
• Onboards and assists new clients with structuring, local regulatory applications and fund documentation.
• Responds to ad hoc requests from clients.
• Coordinates audits of all funds, including preparation of audited financial statements and footnotes, as well as with the fund(s) annual audit.
• Attends industry events on a regular basis; for example, SEAFA and ACG Atlanta, and builds industry network.
• Completes other duties as assigned by the Senior Manager or VP of Fund Accounting.

SKILLS AND KNOWLEDGE

• An undergraduate degree in accounting, finance, or other related discipline required, a master’s degree is preferred.
• 3 - 5 years related or comparable experience.
• Experience with Advent Geneva, QuickBooks, or Allvue a+, with ability to learn new software as needed.
• Ability to effectively manage team and provide guidance and support where needed.> Firm understanding of GAAP, specifically as it relates to fund accounting.
• Excellent problem solving, analytical, and critical thinking skills.
• Excellent verbal and written communication skills.
• Ability to effectively communicate with clients, 3rd party service providers and internal personnel.
• Ability to complete and review complex calculations such as fund NAV calculations, waterfalls/investor allocations and other various calculations.
• 1 - 3 years of supervisory experience.

EQUAL EMPLOYMENT OPPORTUNITY

Trident Trust provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Trident Trust is committed to providing an inclusive hiring process. If you require a reasonable accommodation to participate in the application or interview process, please reply to the automated email you receive after submitting your application. A member of our Human Resources team will review your request and contact you directly.