Fund Accounting Director (Luxembourg location)
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A Fund Accounting Director is responsible for all aspects of the NAV process, reporting to the Fund Accounting Managing Director, they are required to provide leadership and strategic direction for assigned fund accounting teams. The Fund Accounting Director contributes to the development and implementation of system, procedural and operational enhancements. They ensure the timely and accurate delivery of the NAV process. They are key contacts for ad hoc client requests and issues. As a result, a detailed understanding of the service requirements for Hedge Fund Administration is required.
Key Responsibilities
- 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.
Education
Accounting, Finance, Legal or Business 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
- 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.
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