Fund Accounting Manager

Trident Trust; Atlanta (GA); On-site; USD 120,000 - 165,000; Full time

Job summary

Trident Trust seeks a Manager of Fund Accounting to oversee multiple client engagements, supervise Senior and Staff Accountants, and ensure timely, accurate fund administration for hedge funds and private equity funds.

The role emphasizes reviewing work, guiding staff, and assessing processes while overseeing sophisticated reporting and communications for fund managers. Primary location is Atlanta, with consideration for candidates in Houston or Boston.

Qualifications

• Undergraduate degree in accounting, finance, or related discipline required; master's preferred.
• 3-5 years related or comparable experience.
• Experience with Advent Geneva, QuickBooks, or Allvue; ability to learn new software as needed.

Responsibilities

• Performs and reviews accounting, financial reporting, investor reporting, and cash management operations for hedge funds and private equity funds.
• Prepares and reviews portfolio accounts, valuation, fee calculations and security pricing.
• Hires, trains, coaches and manages assigned staff to meet clients' recurring fund administration tasks.

Skills

Team leadership

GAAP knowledge

Analytical thinking

Communication skills

Problem solving

Client relations

Education

Bachelor's degree in accounting or finance

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.