Job Description
A Fund Accounting Director is responsible for all aspects of the NAV process, reporting to the Fund Accounting Managing Director. They provide leadership and strategic direction for assigned fund accounting teams, contribute to the development and implementation of system, procedural and operational enhancements, ensure timely and accurate delivery of the NAV process, and are key contacts for ad hoc client requests and issues. A detailed understanding of the service requirements for Hedge Fund Administration is required.
Key Responsibilities Of The Role
Participate in new client meetings, demonstrating HedgeServ software, discussing complex accounting topics and outlining HedgeServ’s solution to their needs with specific focus on fund structures and products traded.
Work as part of a team of Managers, Directors and Managing Directors who have ongoing responsibility for developing all aspects of HedgeServ services.
Understand and be responsible for all aspects of the NAV process including fee calculations, profit and loss allocations, accounting for complex financial instruments, documentation review and ad hoc client requests.
Provide leadership and strategic direction for assigned fund accounting teams.
Efficiently manage multiple relationships both internally and externally.
Ensure the assigned fund accounting team operates within a clearly defined, documented and tested control environment.
Participate in the continuous development and enhancement of work flows and procedures to reflect the changing control environment.
Resolve exceptional problems and take on special projects or tasks as assigned.
Responsible for fund accounting employee recruitment, training and performance evaluations.
Resolve employee complaints in conjunction with HR and the MD group.
Responsible for the preparation and review of financial and regulatory reports.
Develop and maintain relationships between HedgeServ and client brokers, auditors and legal counsel.
Responsible for new client transitions to the HedgeServ platform.
Establish and maintain effective working relationships with Investor Services, Quality Assurance, Business Development, Operations and Compliance departments within HedgeServ.
Fund Accounting Directors should be capable of managing teams of up to 30 staff in total, servicing multiple clients with various requirements and deadlines.
Education
Accounting, Finance, Legal or Business Degree. Minimum 2.2 honours degree.
Skills And Attributes
IT literate
Strong verbal and written communication skills
Strong analytical and problem‑solving skills
Ability to be flexible and work effectively either within a team structure or independently
Strong interpersonal skills
Good initiative with the ability to prioritise
Strong systems, product and process knowledge
Reliable, flexible and dependable
Approachable
Committed
Ability to positively influence team morale
Demonstrate leadership skills
Take ownership of designated tasks
Act as a role model for HedgeServ
Work Experience
Minimum of 9 years’ experience working with a Hedge Fund Administrator with at least 3 of those at Manager level. Alternative fund experience may be considered.
Benefits Package
Full private medical insurance
Permanent health insurance/income protection and life insurance
Defined contribution pension scheme with competitive employer contributions
Employee Assistance Programme available to you and your immediate family
Competitive annual holiday entitlement
Annual professional membership fee reimbursement (e.g., ACCA, CIMA)
Club/gym subsidy
Discretionary annual bonus scheme
Referral Program
Remote/hybrid working opportunities, or from the office
Tuition support for professional qualification exams relevant to your role
Sports and Social Club activities and events
Support for workplace equipment and programs promoting mental health and wellbeing
For further information, and to apply, please visit our website via the “Apply” button below.
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