Key Responsibilities
">
">
* Review and understand the fund's offering memorandum to ensure ongoing operations adhere to its details.
">
* Liaise with investment managers, prime brokers, and custodians in relation to trading activity for transaction processing and NAV preparation.
">
* Calculate the NAV for a portfolio of complex investment funds as specified by the client and outlined in the administration agreement.
">
* Track all cash items related to portfolio, capital transactions, or non-portfolio income and expense items.
">
* Perform three-way reconciliation of cash and assets/liabilities to the investment managers and custodians.
">
* Obtain independent third-party pricing support where needed.
">
* Review and validate partner/shareholder allocation calculations, including management and incentive fee calculations.
">
* Calculate and send out Estimated and Final NAV as required.
">
">
Client Relationships & Projects
">
">
* Liaise with clients, investors, investment managers, and other stakeholders as needed.
">
* Participate in special projects.
">
* Assist with system development.
">
">
Reporting & Audit
">
">
* Prepare monthly, quarterly, and annual financial reports.
">
* Liaise with fund auditors at year-end and interim periods to facilitate timely completion of controls testing and substantive work.
">
* Complete audit confirmation requests.
">
">
Capital Events & New Business
">
">
* Prepare allocations for fund investors.
">
* Prepare letters to be sent to fund investors.
">
* Acquire or assist in new business conversions and reconciliation.
">
">
Financial Statements
">
">
* Assist in preparation and review of fund audited financial statements.
">
* Understand fund agreements to determine their impact on financial reporting.
">
">
Compliance & Fees
">
">
* Monitor AML checks according to procedures and legislation.
">
* Respond to investor due diligence requests.
">
* Calculate recurring fees set out in various agreements.
">
* Process fees and expenses on behalf of clients as directed by Administration Agreement.
">
">
Quality Assurance & Other
">
">
* Conduct quality assurance testing following defined practices and procedures.
">
* Conduct testing according to standards agreed upon by Harmonic and IT; make recommendations for updates.
">
* Other job functions as required.
">
* Performance of general administration relating to client funds.
">
"]},