Associate, Private Equity

Join ACCA Careers to apply for the Associate, Private Equity role at HedgeServ, a global leader in fund administration with more than $700B in assets under management.

HedgeServ partners with world‑leading investment managers across private equity, private credit, hedge funds, and more. Our technology‑enabled platform delivers real‑time insights and unmatched control over operations. We offer award‑winning service, structured learning paths, and a culture that supports continuous growth.

Key Accountabilities

• Assist in the production of monthly and quarterly NAV, ensuring completion of specified tasks per NAV PE checklists.
• Calculate and process capital calls, capital distributions and statements for closed‑end funds.
• Prepare investor P&L allocations and fee calculations as part of monthly and quarterly NAV packages.
• Prepare waterfall calculations.
• Prepare IRR calculations as required, including Investor IRR and Portfolio IRR.
• Perform cash, position and market value reconciliations.
• Escalate fund accounting issues and aged items to the PE Supervisor.
• Ensure all positions are priced correctly.
• Calculate and process income and expense accruals, including trading accruals.
• Comply with HedgeServ’s defined checklists, procedures and controls.
• Assist in the audit process if required.
• Converse and liaise with internal service departments to resolve miscellaneous fund issues.
• Ensure pre‑agreed internal and external deadlines are met consistently.
• Participate in a client‑focused structure that provides a wide‑range of experience at all levels.

Pre‑requisite Knowledge, Skills & Experience

• Accounting, Finance, Legal or Business Degree.
• IT literate with an emphasis on Excel.
• Ability to be flexible, self‑motivated and work under pressure to tight deadlines.
• Strong analytical and problem‑solving skills.
• Ability to work effectively both within a team structure and independently.

We support employees with remote and hybrid working arrangements, comprehensive health and well‑being benefits, and tuition assistance to pursue professional qualifications such as ACCA, ACA, CIMA, and CPA.

To apply, click the Apply button on our website.

Seniority level: Entry level

Employment type: Full‑time

Job function: Finance and Sales

Industries: Accounting