Eton Solutions - Fund Accounting Manager

Designation: Manager.

POSITION SUMMARY (Key Tasks And Outcomes)

Fund Accounting Manager responsibilities include developing strong relationships with customers, connecting with key business executives and stakeholders, liaising with cross-functional internal teams (including Customer Service and Product Development departments) to improve the entire customer experience on the Fund Accounting module.

Job title: Fund Accounting Manager.

Job Description.

Client Reporting:

- Providing premier client service by building strong relationships with the Investment Advisor and any other third parties.

- Developing a thorough knowledge of your client and their bespoke requirements with regards to key processes.

- Working closely with the client to resolve queries.

- Working with other teams to ensure delivery of client deliverables.

- To have a good understanding of fund administration business.

Cash Management

- Undertaking a daily cash management process in line with a cash management policy and actioning ad-hoc cash management items as and when they arise.

- Processing and self-reviewing FXs, as needed.

- Processing invoices on the clients bespoke system.

- Completion of client monies and bank reconciliations on a monthly basis.

Investor Administration

- Undertaking the investor call/distribution process from end to end.

- Completion of the investor transfer process.

- Processing investor contact and bank detail updates.

- Monitoring of investor audit confirmations.

- Dealing with investor tax reporting.

- Dealing with fund closings.

Team Administration

- Monitoring mailboxes.

- Perform reviews of junior team members work.

- Support other team members with workloads and rotate tasks on a regular basis.

Key Responsibility Area

- Daily, weekly, and monthly Net Asset Value calculation (NAV).

- Calculation of the funds income and expense accruals and the pricing of securities at current market value.

- Financial statement preparation and audit liaison.

- Review and validation of capital statements and distribution to clients.

- Review of capital calls/distributions report for distribution to clients.

- Reconciliation of the broker, custodian, bank, and investment manager statements.

- Accounting services; maintenance of the funds financial books and records.

- Settlement of daily purchases and sales of securities, ensuring collection of dividends and interests.

- Review of calculation and payment of dividends and distributions to the transfer agent.

- Pricing the portfolio of the fund.

- Management reporting through periodic management review packs.

- Calculation of the total returns and other performance measures of the fund.

- Supervision of the orderly liquidation and dissolution of the fund (if required).

Knowledge Components

- Excellent leadership skills.

- Excellent verbal and written communication skills.

- Ability to meet deadlines under pressure.

Experience (Yrs And Types)

- 10+ yrsexperience in implementing portfolio management and/or investment accounting systems preferred.

- In-depth experience in hedge funds and private equity.

- Experience in liquid and illiquid assets.

Education Levels/Credentials

- Accounting graduate.

- CA/CPA/CFA preferred.

Skills, Abilities, And Other Characteristics

- Enthusiastic team player who enjoys both strategic and hands-on work.

- Ability to analyze problems and develop creative solutions to complex product issues.

- Strong interpersonal, communication skills, and the ability to work effectively with all levels of employees.

- Manage multiple clients at a time and a team of 8-10 members.

- Conduct periodic performance reviews; provides ongoing counsel, training, development and motivation of staff.

Physical Work Environment

- Office environment.