Fund Accounting Account Manager

Stone Coast Fund Services • Portland, ME

2d • Hybrid

About The Position

As a member of the Fund Accounting team, this position is responsible for the following:

Requirements

• The ideal candidate will have three or more years of experience in fund accounting for hedge funds and will be 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.
• Four-year college degree preferably in Accounting, Finance, Business Management or Economics

Nice To Haves

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

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 and benefits
• rapid opportunity for promotion
• chance to give back through fully paid community service days

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level