Fund Accounting Account Manager, End of Day Coverage 12-8PM EST

Stone Coast Fund Services•Portland, ME

5d•Remote

About The Position

This role operates on a 12:00 PM – 8:00 PM EST schedule, supporting clients and ensuring seamless end-of-day coverage. As a member of the Fund Accounting team, this position is responsible for recording and reconciling portfolio and fund activity, calculating the fund’s NAV, allocating profit and loss to investors, processing fund expense payments, generating and delivering fund and investor reports, preparing supporting materials for board meetings and audits, communicating with internal and external entities, reviewing work prepared by accountants, and mentoring/training fund accountants.

Requirements

Three or more years of experience in fund accounting for hedge funds
Comfortable and proficient acting as a primary liaison with fund managers and other fund service providers
Must be able to learn complicated concepts quickly
Proficiency with Microsoft Office is essential, advanced Excel (formulas, pivot tables, and filtering) are a must.

Nice To Haves

Familiarity with the types of investments held by hedge funds
Experience working with portfolio and investor accounting systems, in particular Advent Geneva World Investor
Experience working in an environment with internal control procedures, operating procedures, workflows, control checklists, and other elements of an internal control system
Experience with financial reporting, information security and client, vendor, and risk management

Responsibilities

Record and reconcile all portfolio and fund activity for assigned clients
Calculate the fund’s NAV adhering to industry standards and internal procedures
Allocate profit and loss to investors including the calculation of management and performance fees
Process and record fund expense payments and ensure cash wire requests are completed accurately and timely
Generate and deliver fund and investor reports to fund managers and investors of assigned clients
Prepare and deliver supporting materials as necessary for board meetings, financial statements and audit and regulatory requests related to assigned clients
Communication with internal and external entities to ensure best in class service levels; build relationships of cooperation
Review fund’s net asset value (NAV), investor statements and other work prepared by accountants for completeness and accuracy measuring against industry standards and internal procedures
Mentor, train, and support fund accountants
Assure fund accounting tasks are completed accurately and timely

Benefits

Remote work flexibility
Competitive pay
Health & coverage: medical (including HSA options), dental, and vision plans
Financial protection: company-paid life insurance and AD&D, with additional voluntary coverage options including short- and long-term disability
Retirement & financial support: 401(k) with employer match and immediate vesting
Student loan repayment support
Tax-advantaged accounts: HSA and flexible spending accounts (medical and dependent care)
Time off & flexibility: paid time off and holidays aligned with the NYSE market calendar
Additional programs: EAP, commuter benefits with employer contribution, employee referral program, and optional insurance coverage (critical illness, accident, hospital)
Community engagement: dedicated paid time to support causes and organizations meaningful to you