Account Manager, Fund Accounting

8 - 10 years experience  •  Financial Services

Salary depends on experience
Posted on 09/07/17
Charlotte, NC
8 - 10 years experience
Financial Services
Salary depends on experience
Posted on 09/07/17


Position Purpose:

The Back Office Accounting team is responsible for providing all accounting functions and preparation of financial statements, partner allocation P&L flow, assure fund operation is within the guidelines of offering document, provide comments on offering documents, provide assistance and guidance on accounting standards and best practices.  Our teams consist of highly skilled Chartered Accountants, MBA’s, and CFA’s who are trained to provide highly accurate, timely and efficient services, ensuring 100% accuracy and providing world class customer service.

Main Job Functions/Responsibilities:

The Account Manager must demonstrate leadership skills in coaching, motivating team members and dealing with client and counterparts in other groups. In addition, the Account Manager will review accounting work and reconciliation packages prepared by staff. This person will also review work to ensure reasonability of all matters affecting the NAV, classification of assets and liabilities, and capital transactions.

  • Daily/Weekly/Monthly Net Asset Value preparation, which includes:

  • Cash and Portfolio Reconciliations

  • Income and Expense Accruals

  • Partner/Shareholder Allocation calculations

  • Financial Statement preparation

  • Other Ad Hoc Reports as needed

  • Interact daily with P&L team on valuations and price analysis

  • Interpret confirmation letters from counter parties to set up Derivative instruments in Accounting System

Education, Qualifications and Experience:

  • 5years’ experience in managing a team of Hedge Fund Accountants, Senior Fund Accountants and Supervisors is a requirement

  • 7-10 years of fund accounting experience in either a Hedge Fund or Hedge Fund Administrator where the accountant has gained financial products knowledge is a requirement

  • Previous Financial Statement Preparation experience

  • Advanced knowledge in complex Derivatives

  • Bachelor’s degree in Finance or Economics a must

  • CFA preferred, CPA a plus

  • Good communication skills

  • Working knowledge of Excel and Word essential


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