Portfolio Accountant, Bermuda

Caribbean Jobs Online
Our client delivers an extensive solution for Hedge Fund and Funds of Hedge Funds clients seeking independent administration and custody services or to outsource their day-to-day operations.

The Portfolio Accounting team has the responsibility for providing a premium quality client service to Hedge Fund Service Clients, ensuring deadlines are met at all times.

Reporting to the Portfolio Accounting, AVP, you will be responsible for the following:
Providing a premier client service to a defined group of clients by building strong relationships with the investment manager and any other third parties
To have a thorough understanding of the theoretical and technical nature hedge fund accounting and administration
Developing a thorough knowledge of your client base, prospectus, bibles etc
To work with investment operations, reconciliation’s, shareholder services and financial reporting teams internally to agree internal deadlines to ensure external client deadlines are met
Performing quality assurance checks on information received internally from other supporting functions
Producing accurate and timely NAV’s
Completion of the corporate accounting function to allocate P&L to share classes and deriving GAV per share
Produce the Management and Incentive fee Calculations on a monthly basis. Follow this up by making payment of relevant monies to Client
Working closely with your clients to resolve queries and providing first level account management and relationship management
Producing ad hoc reports for clients including Underwater Marks, tax reports etc..
To create, maintain and update procedures for your funds
Ensuring that you comply with all controls and procedures outlined in the procedures manual and general company policies
Reviewing and signing off on NAV files of other team members
Ensure all scheduled work is completed by agreed deadlines, checklists are signed and files contain all required
To identify efficiencies and area’s for improvement to reduce risk and become more efficient
Ensuring that technology available is being fully utilized in the most efficient manner
Working with technology to resolve any issues and improve processes
To ensure full and proper reporting to your manager of any operational issues
Where delays are expected to flag any service delivery issues as early as possible
Ongoing review of daily controls and communications of any new idea’s or suggested procedural changes
To assist with training and coaching new team members as the function develops

The function requires the individual to display the following characteristics:
Professional and proactive approach to work, problem solver
Excellent communication skills both oral and written
Excellent interpersonal skills,
Strong client service orientation
Strong organisational skills, concern for quality & accuracy and working to strict deadlines
Team player
Strong work ethic and ability to get things done
Stable employment history

A minimum of 2 – 4 years relevant accounting experience is essential
Third level qualification and/or accounting qualification
Comprehensive working knowledge fund administration systems
Audit experience an advantage

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