Senior Fund Accountant
- Montreal, QC, Canada
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Job details
- Posting language
- English
- Posted
Original job description
Position Overview:
The candidate must be comfortable working in a rapidly changing environment with an ability to deliver high quality work in collaboration with colleagues in different offices and service providers in different time zones.
- Review calculation of estimated and final NAVs for a group of hedge funds and private equity funds, including FX classes of investors, side pockets and SMAs
- Ensure management fees, performance fees, distribution waterfalls, and allocations are calculated in accordance with PPMs, IMAs, LPAs and side letters.
- Review investor subscription, redemption and capital call and distribution documents processed/prepared by fund administrator(s)
- Shadow allocations for certain funds and maintain database with investor information
- Review fund operating expenses prepared by fund administrator and provide comments/changes
- Process expense payments related to the funds and review allocations based on the expense allocation policy
- Review of fund administrator-prepared annual financial statements, and liaise with external auditors and fund administrator(s) regarding financial reporting and timely issuance of financial statements
- Compile information for due diligence requests from investors and counterparties, assist with other ad hoc
- Prepare monthly reporting files for management and other interested parties
- Implement systems, processes, and procedures to improve efficiency while maintaining adequate internal control environment
Required Qualifications:
- Must have Hedge-fund fund accounting experience
- Accounting experience on Private Equity, Venture Capital, and CLO entities a plus
- Public or a mixture of Big 4 & private accounting experience; 8+ yrs. of fund accounting experience including
- Experience with investor and partnership allocations and related software (i.e. Backstop, Hedgetek, Investran, etc.)
- Exceptional analytical skills
- Strong attention to detail
- Team player with excellent communication skills.
- Ability to multitask
- Highly organized
More about this job
Responsibilities
The candidate will review NAV calculations, management fees, and performance allocations for hedge and private equity funds. They will also manage fund operating expenses, liaise with external auditors, and prepare financial reporting for management.
Requirements
The role requires over 8 years of fund accounting experience, specifically with hedge funds and private equity entities. Candidates must possess strong analytical skills and proficiency in investor allocation software.
Skills
- Fund Accounting
- Hedge Funds
- Private Equity
- NAV Calculation
- Financial Reporting
- Investor Allocations
- Expense Management
- Audit Liaison
- Analytical Skills
- Attention To Detail
- Communication Skills
- Multitasking
- Backstop
- Hedgetek
- Investran
Visa sponsorship
Not detected in the job text
Categories
- Finance & Accounting
- Management & Leadership
Keywords
- Fund Accounting
- Hedge Funds
- Private Equity
- NAV
- Venture Capital
- CLO
- Financial Reporting
- Audit
- Backstop
- Hedgetek
- Investran
- Management Fees
- Performance Fees
- Capital Calls
- Internal Control
- Due Diligence
- Expense Allocation
- PPM
- IMA
- LPA