Fund Accounting Supervisor

HedgeServ Corporation; Texas; On-site; USD 80,000 - 95,000; Full time

Job summary

HedgeServ Corporation is seeking a Fund Accounting Supervisor for a hybrid role based in Dallas, TX or Raleigh, NC. You will oversee daily fund accounting operations, ensuring accurate NAV calculations and compliance with internal controls.

The ideal candidate has over 3 years in hedge fund administration, strong analytical skills, and experience mentoring junior team members. Excellent communication abilities are essential as you will interact with clients and internal teams. This position is crucial for maintaining high standards within fund accounting operations.

Qualifications

• 3+ years' experience in hedge fund administration.
• Ability to work under pressure and meet tight deadlines.
• Intent to pursue a professional accounting qualification is an advantage.

Responsibilities

• Oversee daily fund accounting operations, ensuring accurate NAV calculations.
• Review cash, position, and market-value reconciliations.
• Mentor and develop up to four Fund Accountants.

Skills

Analytical skills

Problem-solving

Attention to detail

Interpersonal skills

Communication skills

Education

Degree in Accounting, Finance, Law or Business

Job description

Fund Accounting Supervisor – Hybrid (Dallas, TX or Raleigh, NC). Visa sponsorship will not be offered at this time.

Job Overview

As a Fund Accounting Supervisor at HedgeServ, you will oversee the daily fund accounting operations, ensuring timely and accurate NAV calculations, reconciliation of cash, positions and OTC trades, and compliance with internal controls. You will mentor and develop up to four Fund Accountants, support audit preparation, and liaise with internal teams and clients.

Responsibilities

• Review cash, position and market‑value reconciliations and resolve break items promptly.
• Verify fund pricing, corporate actions, and profit‑and‑loss reports for reasonableness.
• Oversee income and expense accruals, including fee calculations and trading accruals.
• Confirm fund trial balances and profit allocations to investors.
• Ensure compliance with HedgeServ checklists, procedures and controls.
• Supervise the capture of trades, processing of corporate actions and pricing.
• Engage with internal service departments to resolve miscellaneous fund issues.
• Escalate aging fund accounting issues to the Assistant Manager.
• Respond to client queries efficiently.
• Assist in the audit process, including preparation of fund financial statements.
• Provide guidance, training and mentoring to Fund Accountants, setting goals and monitoring performance.
• Maintain pre‑agreed internal and external deadlines consistently.

Qualifications

• 3+ years' experience in hedge fund administration.
• Degree in Accounting, Finance, Law or Business.
• Strong analytical, problem‑solving and attention‑to‑detail skills.
• Ability to work under pressure and meet tight deadlines.
• Excellent interpersonal and communication skills.
• Good initiative with judgment regarding escalation.
• Proficient in systems, products and processes relevant to fund accounting.
• Intent to pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA) is an advantage but not required.

Preferred Attributes

• Experience supervising a team of up to four fund accountants.
• Mentoring and performance‑management experience in a fund accounting environment.
• Knowledge of NAV calculations and related controls.