Job Description
Phoenix have partnered with a leading fund administration firm looking to expand their fund accounting team with a new exciting role as Fund accounting Supervisor. This is a great opportunity for anyone looking to progress with their career in Fund accounting.
The Role:
The combination of tasks required to be executed will vary depending on both client structure, client requirements and business needs.
- Review of fund transactions, such as security trading, investor activity, etc.
- Ensuring that all income accruals and corporate actions are accounted for and validated.
- Reviewing all foreign exchange contracts.
- Reviewing price movements, including stale / static pricing.
- Adhering to client-agreed NAV delivery deadlines
- Approving and sending fund invoices / cash instructions are just a few of the key responsibilities.
- Ensure pre-agreed internal and external deadlines are met consistently
- Monitoring all cash and security reconciliation items on a daily basis.
- Ensuring all agreed reporting is completed & sent to the client.
- Attendance and participation in team / departmental meetings.
- Assist with the completion of month end processes for delivery to clients
- Review profit allocations to fund investors
- Converse and liaise with internal services departments to resolve miscellaneous fund issues
- Escalate fund accounting issues and aged items to Fund Accounting Manager
- Thorough knowledge of hedge fund security types, including CFD, CDS, IRS, MBS/ABS, Swaptions, Fixed Income, Exchange Traded Instruments, Forwards etc., and their accounting treatment.
Skills and Experience:
- A third level qualification or equivalent preferably in a business or accounting related discipline preferred.
- 3+ years' experience working in hedge funds administration form is required.
- Intention to actively pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA), if not already started, part qualified or qualified, would be an advantage but is not required.
- Strong verbal and written communication skills.
- Strong analytical and problem-solving skills.
- Ability to work under pressure and to tight deadlines.
- Ability to be flexible and work effectively both within a team structure and independently.
- Strong inter-personal skills.
- Good initiative tempered with identifying when escalation is required.
- Strong systems, product and process knowledge.
- Reliable, Dependable and Approachable.
- Ability to positively influence team morale, with demonstration of leadership skills.
- Take ownership of designated tasks.
