Associate Manager- Fund Administration

IQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide.

Responsibilities:

The Associate Manager is responsible for the fund administration functions relating to a specific group of clients.

The candidate will review and coordinate all transaction and reporting activity and will support the effort on client management and delivery.

Tasks:

• Maintenance of full (multi-currency) accounting records;
• Timely preparation and/or review of Net Asset Value calculations, including cash and portfolio reconciliation, portfolio valuation, calculation of fees and accruals, capital calls and distributions and/or other required actions;
• Preparation and/or review of allocations for capital events, including capital calls, distributions and redemption notices;
• Assisting the accounting team in the day-to-day work with clients;
• Maintaining correspondence with various stakeholders;
• Assuring that all fees chargeable to the Fund are calculated and paid on timely basis;
• Prepare payment instructions and do the first approval of the templates; 
• Support in preparation of periodic financial statements, portfolio valuation reports and other reporting adhering to strict reporting deadlines;
• Reviewing the annual reports of the funds and provision of guidance and coordination for the audit process of the funds;
• Reviewing and monitor the compliance of the funds;
• Ensure protection of information assets of IQ-EQ ADGM and to abide by the ISMS in place;
• Review and prepare the management fees and administrative fees;
• Review and prepare the Performance fees Waterfall Calculation and ensure its inline with the Legal Agreements;
• Actively participate with the Fund transition process and liaison with the Implementation team;
• Liaison with the GCD team for the completion of the NAV;
• Provide support to the client for adhoc requests, which relates to regulatory reporting, Investor requests, side letters etc;
• Understanding of various fund structures is preferred.

Key competencies for position and level:

• Client focus
• Communicates effectively
• Plans and aligns
• Interpersonal savvy
• Action orientated

Key behaviours we expect to see:

In addition to demonstrating our Group Values (Authentic, Bold, and Collaborative), the role holder will be expected to demonstrate the following:

• Accuracy
• Approachability
• Attention to detail
• Prioritisation
• Proactivity
• Relationship Building
• Taking ownership

Deliverables (KPIs):

• On-time delivery
• Quality of work (errors or rework or complaints)
• Personal chargeability

Required Experience:

Education / professional  qualifications

• Degree holder and/or related professional qualification ed; partly qualified ACCA/ACA (minimum Level 2)

Background experience

• Minimum 3 years of experience in a similar role

Technical

• Good working knowledge in fund accounting, fund mechanics and concepts.

Computer / program knowledge

• Working knowledge of PFS Paxus and / or Investran

• At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.