Note: The job is a remote job and is open to candidates in USA. Stone Coast Fund Services is an award-winning hedge fund administrator that values its employees and offers remote work flexibility. They are seeking a Fund Accounting Account Manager to support clients by managing portfolio and fund activity, calculating NAV, and ensuring timely communication with stakeholders.
Responsibilities
- Record and reconcile all portfolio and fund activity for assigned clients
- Calculate the fund’s NAV adhering to industry standards and internal procedures
- Allocate profit and loss to investors including the calculation of management and performance fees
- Process and record fund expense payments and ensure cash wire requests are completed accurately and timely
- Generate and deliver fund and investor reports to fund managers and investors of assigned clients
- Prepare and deliver supporting materials as necessary for board meetings, financial statements and audit and regulatory requests related to assigned clients
- Communication with internal and external entities to ensure best in class service levels; build relationships of cooperation
- Review fund’s net asset value (NAV), investor statements and other work prepared by accountants for completeness and accuracy measuring against industry standards and internal procedures
- Mentor, train, and support fund accountants
- Assure fund accounting tasks are completed accurately and timely
Skills
- Three or more years of experience in fund accounting for hedge funds
- Comfortable and proficient acting as a primary liaison with fund managers and other fund service providers
- Familiarity with the types of investments held by hedge funds
- Experience working with portfolio and investor accounting systems, in particular Advent Geneva World Investor
- Experience working in an environment with internal control procedures, operating procedures, workflows, control checklists, and other elements of an internal control system
- Experience with financial reporting, information security and client, vendor, and risk management
- Must be able to learn complicated concepts quickly
- Proficiency with Microsoft Office is essential
- Advanced Excel (formulas, pivot tables, and filtering) are a must
- Four-year college degree preferably in Accounting, Finance, Business Management or Economics
Benefits
- Remote work flexibility
- Competitive pay and benefits
- Opportunity for promotion
- Fully paid community service days
- Medical (including HSA options), dental, and vision plans
- Company-paid life insurance and AD&D, with additional voluntary coverage options including short- and long-term disability
- 401(k) with employer match and immediate vesting
- Student loan repayment support
- HSA and flexible spending accounts (medical and dependent care)
- Paid time off and holidays aligned with the NYSE market calendar
- EAP, commuter benefits with employer contribution, employee referral program, and optional insurance coverage (critical illness, accident, hospital)
- Dedicated paid time to support causes and organizations meaningful to you
- Fully remote work opportunities will be considered for residents of one of the following states: AR, CO, CT, DC, FL, GA, IN, IA, KS, KY, ME, MD, MI, MO, NV, NH, NJ, NC, PA, RI, SC, TX, VA, WA, WI
Company Overview
Stone Coast Fund Services is a financial services company providing hedge fund administration and consultancy services. It was founded in 2006, and is headquartered in Portland, Maine, USA, with a workforce of 201-500 employees. Its website is http://stone-coast.com.