Senior Fund Accountant
Our client based in Galway is currently recruiting for a Senior Fund Accountant to join their growing team on a permanent basis.
In this role, you will be responsible for the validation and release of hedge fund Net Asset Valuations. As the Senior Fund Accountant, you will be the first point of contact for clients regarding valuations. You will ensure that all checks and controls have been preformed by carrying out compliance on the work of Fund Accountants and provide final release to the market or investment manager.
Review of fund NAVs on a daily, weekly and monthly basis, tasks include:
Assist and train other team members with queries / questions as they arise. Inform the Team Leader where necessary of any issues.
Thorough knowledge of hedge fund security types, including CFD, CDS, IRS, MBS/ABS, Swaptions, Fixed Income, Exchange Traded Instruments, Forwards etc., and their accounting treatment.Review of fund transactions, eg. Security trading, investor activity, etc.
Ensuring all income accruals and corporate actions are accounted for and validatedApproval and sending of fund invoices / cash instructions.
NAV impact analysis and justificationEnsuring all agreed reporting is completed & sent to the client.
Attendance and participation in team / departmental meetings.Ensure that client Service Level Agreements are applied across all funds with deliverables met on a timely basis.
Ensure any information required by the Auditors or Trustees is available within the timeframe agreed with your Team Leader.
Monitoring all cash and security reconciliation items on a daily basis.
Assist with the completion of month end processes for delivery to clients.
Review of all foreign exchange contracts
Review of price movements, including stale / static pricing
Adherence to client agreed NAV delivery deadlines
Assist with the further development of the fund accounting process and systems to meet future market and client developments.
FA resource for the on boarding of new business, ensuing that FA systems and accounting requirements are in place.
Understanding of fund operating documents, prospectus, pricing policy, agreements.
A minimum of 2-3 years Fund Accounting experience incorporating the above key responsibilities.
A thorough knowledge of performance fee methodologies (Equalisation, Series, etc),
Good working knowledge of relevant legislation and regulatory requirements.
A thorough knowledge of Hedge Fund accounting, including interaction with Prime Brokers and Middle Office.Thorough knowledge of share class hedging.Knowledge of accounting systems Multifonds an advantage.
An awareness of the needs of clients and an ability to deliver an excellent client service.
Multi-manager, Multi-currency, Pooling, Fund of Hedge Fund and Structured product experience desirable. Knowledge of the completion of month end processes for delivery to clients.
Knowledge of data vendors such as Bloomberg, IDC, etc.
A minimum of 1 year NAV review experience
Qualifications & Skills Required
A third level qualification preferably in a business or accounting related discipline.
Good time management and interpersonal skills.
Highly computer literate.
Strong numerical / analytical skills.
If you match the required skills and are interested in the above position, please apply with your most recent CV to Bernadette Sisson for immediate consideration.