Private Equity Supervisor

HedgeServ•Raleigh, NC

3d•$110,000 - $115,000•Hybrid

About The Position

At HedgeServ, we’re redefining what’s possible in fund administration. With more than $700 billion in assets under administration, we partner with the world’s most forward-thinking investment managers – across private equity, private credit, endowments, hedge funds and more – to deliver seamless, tech-enabled solutions that drive performance. Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services. We’re a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values – Relationships, Support, Innovation, and Expertise – create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission. HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We’ve been recognized as an employer of choice, earning a top 100 workplaces designation. Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We’ve earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise. This role will be hybrid in either our New York, NY, Dallas, TX or Raleigh, NC office. Visa sponsorship will not be offered at this time.

Requirements

3+ years’ experience working in the Finance sector.
Advantage if either at an Administrator, Auditor, or Investment Manager
Private Equity experience is not required but is a plus
Hedge fund experience is an advantage
Accounting, Economics, Finance, Mathematics or Business Degree
Intention to actively pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA), if not already started, part qualified or qualified, would be an advantage but is not required
Positive attitude and willingness to learn HedgeServ proprietary systems
Strong verbal and written communication skills
Strong attention to detail and well organized
Strong analytical and problem-solving skills
Ability to be flexible and work effectively both within a team structure or independently
Ability to positively influence team morale
Ability to coach and mentor junior employees and share knowledge and information across the team
Act as a role model for HedgeServ

Responsibilities

Capital Call and Distribution Processing
Ensure all aged items on cash and position reconciliations are resolved in a timely manner
Preparation of net asset value calculations and financial statements
Fee calculations and profit and loss allocations
Waterfall creation and maintenance
Performance reporting including IRRs
Ad hoc client and investor reporting
Assist in the audit process to help ensure the timely and successful completion of fund audits
Supervise a team of up to four Private Equity accountants facilitating their ongoing development
Resolve fund accounting enquiries escalated by the Administrator
Assist in managing client relationships involving interaction with both the client and the and management to ensure consistency of service
Develop and improve workflows and procedures
Play a role in client onboarding and transitions