Fund Accounting Manager

At HedgeServ, we’re redefining what’s possible in fund administration. With more than $700 billion in assets under administration, we partner with the world’s most forward-thinking investment managers – across private equity, private credit, endowments, hedge funds and more – to deliver seamless, tech-enabled solutions that drive performance.

Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.

We’re a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values – Relationships, Support, Innovation, and Expertise – create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission.

HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We’ve been recognized as an employer of choice, earning a top 100 workplaces designation.

Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We’ve earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.

Job Description

A Fund Accounting Manager will be required to manage the overall NAV calculation process within the guidelines and procedures provided by HedgeServ and under the supervision and guidance of an AVP and Fund Accounting Director. They will ensure the timely and accurate delivery of NAV calculations.  They will assist in the development of client relationships and will require a detailed understanding of the service requirements for Hedge Fund Administration.  Every Fund Accounting Manager will receive the requisite Induction Training in addition to both compulsory training (AML/KYC) and optional training.  Additional client-specific training is provided by the Director and Managing Director.

HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee. As such a Fund Accounting Manager should be flexible and willing to adapt.

A Fund Accounting Manager should be capable of leading and supporting a team of up to 10 employees servicing clients with various requirements and deadlines.

Key Responsibilities:

• Build and support client relationships involving interaction with both the client and the relevant Fund Accounting Director to ensure consistency of service.

• Ensure the assigned fund accounting team operates within the clearly defined and documented control environment.

• Lead and support client teams of up to 10 employees.

• Support the resolution of fund accounting enquiries escalated by Assistant Manager or Supervisor.

• Ensure aged items are addressed in a timely manner.

• Review daily and monthly NAV calculations.

• Develop and improve NAV calculation workflows and procedures.

• Review fee calculations and profit and loss allocations.

• Review applicable monthly, yearly and inception to date performance.

• Manage the audit process ensuring timely and successful completion of fund audits including preparation of fund financial statements.

• Investigate accounting implications of new products.

• Manage and complete client initialization and transition.

• Participate in development and presentation of fund accounting training.

• Manage fund accounting recruitment, training and performance evaluations.

• Address complex or non-routine matters and take on special projects or tasks as assigned.

• Handle complex calls from clients.

• Establish and maintain effective working relationships with the Investor