Fund Accounting Manager

HedgeServ Corporation, HedgeServ Limited; Dallas (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

HedgeServ in Dallas, TX seeks a Fund Accounting Manager to oversee NAV calculations and client service within the fund administration division. You will work under the guidance of the Fund Accounting Director and Managing Director, ensuring timely, accurate NAV delivery and strong client relationships.

The role requires 5+ years in hedge fund administration, with 3+ in supervision, a relevant degree, and solid IT literacy.

Qualifications

• Minimum 5 years’ experience in Hedge Fund Administration.
• At least 3 years in a supervisory role is desirable.
• Accounting/finance/legal/business degree required; professional qualification pursued advantageous.
• IT literacy and ability to use financial systems comfortably.

Responsibilities

• Oversee NAV calculation process within HedgeServ guidelines.
• Manage client relationships and coordinate with Fund Accounting Director/MD.
• Lead a fund accounting team up to 10 staff.
• Review daily/monthly NAVs, fee calculations, and P&L allocations.
• Support audits and preparation of fund financial statements.
• Drive development of NAV workflows and training for staff.

Skills

Leadership

Communication

Analytical skills

Problem-solving

Team leadership

Attention to detail

Education

Accounting, Finance, Legal or Business Degree

Job description

## Fund Accounting ManagerApplylocations: Dallas, TXposted on: Posted Yesterdayjob requisition id: R6791At HedgeServ, we’re redefining what’s possible in fund administration. With more than $700 billion in assets under administration, we partner with the world’s most forward-thinking investment managers – across private equity, private credit, endowments, hedge funds and more – to deliver seamless, tech-enabled solutions that drive performance.Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.We’re a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values – Relationships, Support, Innovation, and Expertise – create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission.HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We’ve been recognized as an employer of choice, earning a top 100 workplaces designation.Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We’ve earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.**Job Description**A Fund Accounting Manager will be required to manage the overall NAV calculation process within the guidelines and procedures provided by HedgeServ and under the supervision and guidance of a Fund Accounting Director and Managing Director. They will ensure the timely and accurate delivery of NAV calculations. They will assist in the development of client relationships and will require a detailed understanding of the service requirements for Hedge Fund Administration. Every Fund Accounting Manager will receive the requisite Induction Training in addition to both compulsory training (AML/KYC) and optional training. Additional client-specific training is provided by the Director and Managing Director.**Responsibilities**The below list is not finite and may be added to. The combination of tasks required to be executed will vary depending on both client structure, client requirements and business needs.* Managing client relationships involving interaction with both the client and the relevant Fund Accounting Director to ensure consistency of service.* Ensure the assigned fund accounting team operates within the clearly defined and documented control environment.* Manage and develop client teams of up to 10 employees.* Resolve fund accounting enquiries escalated by Supervisor or Administrator.* Ensure all aged items on cash and position reconciliations are resolved timely.* Review daily and monthly NAV calculations.* Develop and improve NAV calculation workflows and procedures.* Review fee calculations and profit and loss allocations.* Review applicable monthly, yearly and inception to date performance.* Manage the audit process ensuring timely and successful completion of fund audits including preparation of fund financial statements.* Investigate accounting implications of new products.* Manage and complete client initialization and transition* Participate in development and presentation of fund accounting training.* Manage fund accounting recruitment, training and performance evaluations.* Resolve exceptional problems and take on special projects or tasks as assigned.* Handle complex calls from clients.* Establish and maintain effective working relationships with the Investor Services, Quality Assurance, Client Servicing and Compliance departments within HedgeServ.HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee. As such a Fund Accounting Manager should be flexible and willing to adapt.A Fund Accounting Manager should be capable of managing a team of up to 10 staff servicing clients with various requirements and deadlines**Pre-requisite knowledge, skills and experience*** Minimum of 5 years’ experience working in a Hedge Fund Administration Firm with at least 3 of those at supervisor level is desired. Alternative Hedge Fund experience may be considered.* Accounting, Finance, Legal or Business Degree.* Intention to actively pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA), if not already started, part qualified or qualified, would be an advantage but is not required.* IT Literate* Strong verbal and written communication skills* Strong analytical and problem-solving skills* Ability to be flexible and work effectively both within a team structure or independently* Strong inter-personal skills* Good initiative tempered with identifying when escalation is required* Strong systems, product and process knowledge* Ability to positively influence team morale* Demonstrate leadership skills* Take ownership of designated tasks