Fund Accountant

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 Accountant will be required to perform the following tasks within the fund accounting or NAV department. They shall be executed within the guidelines and procedures provided by HedgeServ and under the supervision and guidance of a Fund Accounting Supervisor and Fund Accounting Manager. Key responsibilities for the Fund Accountant’s role include reconciliation, trade capture, corporate actions processing and pricing. They will be required to perform tasks accurately and within required timelines. Every Fund Accountant will receive the requisite Induction Training in addition to both compulsory training (AML/KYC) and optional training. Additional, client-specific training will be provided by the NAV Supervisor.

Key Responsibilities:

The below list is not finite and may be added to. The combination of tasks required to be executed will vary depending on both client structure, client requirements and business needs.

• Assist in the production of daily, weekly and monthly NAV, ensuring completion of specified tasks per NAV checklists

• Perform cash, position and market value reconciliations between HedgeServ, brokers and clients

• Identify and investigate break items on reconciliations in a timely manner

• Escalate fund accounting issues and aged items to the Fund Accounting Supervisor

• Ensure all positions are priced correctly

• Verify corporate actions to ensure accurate processing

• Prepare daily profit and loss reports and review for reasonableness

• Calculate and process income and expense accruals including fee calculations and trading accruals

• Comply with HedgeServ’s defined checklists, procedures and controls

• Assist in the audit process if required

• Attend and participate in team meetings

• Collaborate and liaise with internal service departments to support the resolution of fund-related issues.

• Ensure pre agreed internal and external deadlines are met consistently

• HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee.

• As such a Fund Accountant should be flexible and willing to adapt

Our requirements:

• Accounting, Finance, Legal or Business Degree

• Experience in a similar role within the funds industry – 6 months + ideally

• Experience in NAV calculation

• Intention to actively pursue a professional accounting qualificatio