For over 20 years, Waystone has been at the cutting edge of specialist services for the asset management industry – partnering with institutional investors, investment funds and asset managers. We work with our clients to help build, support, and protect investment structures and strategies worldwide.
Our success depends upon our ability to attract and retain the best, most diverse talent and provide our employees with a broad spectrum of professional development opportunities. Our workplace environment is an inclusive one, where employees can be themselves, reach their full potential and drive business results.
Reporting to the reporting to the Vice President, Fund Accounting the Senior Associate - Fund Accounting will be an integral part of the team’s success.
ESSENTIAL DUTIES AND RESPONSIBILITIES
The roles consist of managing a small number of client relationships, ensuring superior client service and the delivery of accurate information in a timely fashion. The Assistant Vice President - Fund Accounting will have responsibility for their clients’ portfolios from start to finish. This will include (but is not limited to) the following:
- Assist in the management of a team of Associates and Senior Associates.
- Provide recommendation or input and capture observations to ensure holistic performance evaluation of assigned team members.
- Conduct, facilitate, delegate and monitor the training of team members including the use of relevant accounting software and applications.
- Assist with the recruitment and onboarding of team members.
- Review client deliverables of team members in accordance with agreed timelines.
- Review and/or calculation of Net Asset Values in line with clients’ requirements.
- Assist with processing trades, cash, income and expenses on a daily basis.
- Review Daily Cash & Position reconciliations.
- Preparation and/or review of financial statements, supporting information and tax schedules in relation with the year-end audit.
- Preparation and/or review of expense payments
- Serves as point-of-contact for multiple clients (internal and external) at a daily operational level.
- Liaise with internal stakeholders, investment managers, brokers & custodians where issues arise with regards to day-to-day running of the fund.
- Complete any other additional ad hoc tasks or deliverables that may be assigned as needed or due to business demand.
REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Experience:
- 5 years of experience in Accounting
- A minimum of 3 years Fund Accounting experience is required (ex. Hedge funds, private equity)
- Financial Reporting experience an advantage
- Prior managerial or supervisory experience an advantage
- Experience in navigating fund accounting systems (ex. Invest One, eFront, Investran is an advantage)
Education:
- A university degree (B.A., B.Sc., M.B.A.) in Business preferably specializing in accountancy or another financial-related discipline
- An internationally recognized accounting designation (CA, CPA, ACCA or equivalent), is not required but is an advantage
Top Skills
What We Do
Waystone is the leading provider of institutional governance, risk and compliance services to the asset management industry. Partnering institutional investors, investment funds and asset managers Waystone builds, supports and protects investment structures and strategies worldwide. With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now supporting asset managers with more than US$2Tn in AUM Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence
