Job Title: Fund Accounting Specialist
We are seeking a highly skilled Fund Accounting Specialist to join our team. As a key member of our team, you will be responsible for providing expertise in fund accounting on various projects and engagements.
This includes being able to seamlessly supplement fund accounting teams in producing NAVs, supporting clients in system migration efforts, and taking on new funds within our clients' environment.
Key Responsibilities:
* Providing clients with expertise in fund accounting on various projects and engagements.
* Assisting with production and reviews of NAV calculations and related processes as the client engagement requires.
* Improving clients' NAV production and other fund administration-related processes through reduction in timelines or increasing the robustness of controls depending on requirements.
* Responsible for conducting Basket Services on behalf of assigned clients including Portfolio Composition File (PCF) preparation, ETF Creation and Redemption order processing, Cash and in-kind settlement arrangements, Unit settlement arrangements, Authorized Participant (AP) inquiries, Continuous Net Settlement, Rebalancing processing Collateral processing and Pn L calculations.
* Introducing new or improved management information through the use of new BI tools or the introduction and monitoring of appropriate KPI's.
* Reconciliation of Prime Broker, Custodian or other Counterparty data to clients' fund administration systems with detailed analysis and break resolution.
* Supporting and mentoring junior staff members to assist in enhancing our technical and soft skills within the team.
* Developing materials for clients' benefit relating to engagements (process documents, project-related materials, reconciliation templates, etc).
* Acting as an SME in areas of prior experience to enhance our client delivery.
Required Skills and Qualifications:
* A deep understanding of the fund accounting and general fund administration functions within the asset management sector.
* Strong experience in the asset management space, particularly in fund administration.
* Strong analytical skills with the ability to problem solve under pressure, often under tight time deliverable constraints.
* The ability to adapt quickly to various working environments our clients operate within.
* Experience in fund accounting, with the ability to converse with clients and our clients' clients on a technical level.
* Experience in a variety of fund types / structures such as mutual funds, UCITs, ICAVs, Private equity, REITs, SPVs, Hedge Funds an advantage.
* Experience in a variety of fund administration systems an advantage, ideally including the ability to understand and execute fund setups and have a grasp of the technology landscape therein.
* End-to-end NAV calculation experience and intimate understanding around each component of the process in deriving a NAV.
* Financial Reporting knowledge and experience would be beneficial.
* Experience in reconciliations (design and implementation).
* The ability to analyse client operational environments and offer process improvement and automation solutions.
* Strong analytical skills with the ability to problem solve under pressure and adapt quickly to engagements within clients' operating environments.
* An in depth understanding in complex calculations inherent in fund administration, eg: performance fee calculations, waterfall calculations, distribution calculations, etc is an advantage.
Benefits:
* A passion for client service.
* Maturity and confidence with excellent interpersonal skills, particularly communication skills with the ability to mentor junior staff and impart technical knowledge.
* A self-starter with the ability to work on their own initiative, but knowing when to seek assistance and work collaboratively.
Others:
* 5 years relevant experience in fund accounting, with time spent within a consulting firm or a top-tier fund administrator / asset manager.