Job Responsibilities

Primary responsibility of the FA is the maintenance of accurate accounting and securities records for each fund administered, ensuring all prescribed controls are adhered to for each fund accounting process (e.g. position reconciliation, asset pricing, security trading, income & expense processing etc.)
Day-to-day hands-on responsibilities for fund operations, fund reporting and investor reporting. Fund structures may include fund-of-fund structures, closed-ended structures, domiciled in various jurisdictions including the U.S., Cayman Islands and Luxembourg.
Timely detailed preparation of monthly/quarterly NAV packages
Assist with preparation and review of quarterly and annual GAAP financial statements and footnote disclosures for multiple funds
Collate and prepare audit information as required for both internal and external auditors.
Compile data for and perform detailed preparation of regulatory compliance filings, including Form ADV, Form PF, AIFMD Filings, Form SLT, etc
Daily detailed review of cash activity and corresponding system bookings
Daily monitoring of capital call and distribution requirements, preparation of detailed capital activity descriptions, detailed review of allocations from the Fund administrator and compilation of final capital activity package.
Review Capital Call and distribution workings along with notices and release to respective investors.
Manage end-execution of Private Equity Funds from other accounting applications.
Identify and implement process improvement techniques to improve process efficiency and team productivity.
Perform special projects and various ad-hoc duties as assigned by management, adapting to evolving business needs.

Required Qualifications and Skills

Bachelor’s Degree required in related field (Finance, Accounting or Economics
4+ years’ Experience in a fund services or financial services industry.
Knowledge of international accounting standards and practices.
Excellent communication skills, both verbal and written, with the ability to collaborate across teams.
Demonstrated ability to work in a fast-paced, dynamic environment with ease.
Good understanding of security types and their accounting treatment
Awareness of stock market practices & data vendor systems (e.g. Bloomberg)
Knowledge of the processes of a fund’s Custodian Bank and Investment Manager

What Success Looks Like

NAV's are delivered as per SLA, with zero errors.
Fund accounting records are consistently accurate, reconciled, and readily available for operational and management reporting.
Recurring reporting processes are automated and standardized, reducing manual effort while improving timeliness and reliability.
Fund accounting platforms and reporting workflows are optimized for scale, with measurable improvements in efficiency and process controls.
Accounting related issues, exceptions, and reconciliation breaks are proactively identified and resolved before impacting NAV deliverables.
Reporting and SOPs are well documented, maintainable, and capable of supporting future business growth and system enhancements.
Always audit ready, with all checklists signed and backup in place for the work done.

Fund Accounting, Associate (WEX)

Job Description