Accounting Specialist
The role of Accounting Specialist in our team involves assisting in the production of monthly and quarterly net asset value (NAV) reports, ensuring completion of specified tasks per private equity checklists.
Key Responsibilities:
* Assist in producing monthly and quarterly NAV reports, adhering to specified tasks per private equity checklists.
* Calculate and process capital calls, distributions, and statements for closed-end funds.
* Prepare investor profit and loss allocations and fee calculations as part of monthly and quarterly NAV packages.
* Prepare waterfall calculations.
* Prepare portfolio and investor internal rate of return (IRR) calculations as required.
* Perform cash, position, and market value reconciliations.
* Escalate accounting issues and aged items to the Private Equity Supervisor.
* Ensure all positions are accurately priced.
* Calculate and process income and expense accruals including trading accruals.
* Adhere to HedgeServ's checklists, procedures, and controls.
* Assist in the audit process where necessary.
* Communicate and liaise with internal service departments to resolve miscellaneous fund issues.
* Meet pre-agreed internal and external deadlines promptly.
* Be client-focused, flexible, and willing to adapt.