Fund Accountant

At HedgeServ, we’re redefining what’s possible in fund administration. With more than $700 billion in assets under administration, we partner with the world’s most forward-thinking investment managers – across private equity, private credit, endowments, hedge funds and more – to deliver seamless, tech-enabled solutions that drive performance.

Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.

We’re a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values – Relationships, Support, Innovation, and Expertise – create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission.

HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We’ve been recognized as an employer of choice, earning a top 100 workplaces designation.

Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We’ve earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.

Job Description

A Fund Accountant will be required to perform the following tasks within the fund accounting or NAV department. They shall be executed within the guidelines and procedures provided by HedgeServ and under the supervision and guidance of a Fund Accounting Supervisor and Fund Accounting Manager. Reconciliation, trade capture, processing corporate actions and pricing are an integral part of the Fund Accountant’s role. They will be required to perform these core tasks accurately and in a timely and efficient manner. Every Fund Accountant will receive the requisite Induction Training in addition to both compulsory training (AML/KYC) and optional training. Additional, client-specific training will be provided by the NAV Supervisor.

Key Accountabilities of the Role

The below list is not finite and may be added to. The combination of tasks required to be executed will vary depending on both client structure, client requirements and business needs.

• Assist in the production of daily, weekly and monthly NAV, ensuring completion of specified tasks per NAV checklists
• Perform cash, position and market value reconciliations between HedgeServ, brokers and clients
• Identify and investigate break items on reconciliations in a timely manner
• Escalate fund accounting issues and aged items to the Fund Accounting Supervisor
• Ensure all positions are priced correctly
• Verify corporate actions to ensure accurate processing
• Prepare daily profit and loss reports and review for reasonableness
• Calculate and process income and expense accruals including fee calculations and trading accruals
• Comply with HedgeServ’s defined checklists, procedures and controls
• Assist in the audit process if required
• Attend and participate in team meetings
• Collaborate and liaise with internal service departments to address miscellaneous fund issues
• Ensure pre agreed internal and external deadlines are met consistently
• HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee, as such a Fund Accountant should work effectively within a team and adapt to changing requirements

Pre-requisite knowledge, skills and experience

• 1-3 years’ experience in a similar role
• Accounting, Finance, Legal or Business Degree
• Min. 2.2 honors degree
• Intention to actively pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA) is not required but would be an advantage
• IT Literate
• Strong verbal and written communication skills
• Strong analytical and problem-solving skills
• Strong attention to detail and well organized
• Ability to work effectively in a time-sensitive environment with defined deadlines
• Ability to be flexible and work effectively both within a team structure and independently
• Strong interpersonal skills
• Demonstrates initiative while applying appropriate escalation processes
• Demonstrates consistency in delivering assigned responsibilities
• Take responsibility for assigned tasks
• Demonstrate professional standards aligned with company values

We’re proud to offer a benefits package and workplace culture designed to support your health, career ambitions and life beyond work.

• 🏥 Full private medical insurance so that you can take care of you & your family’s health & wellbeing
• 🛡️ Permanent health insurance/income protection as well as Life insurance, so that you can feel secure in any situation
• 🤝 Employee Assistance Programme available to you and your immediate family for support on a variety of matters
• 💰 Defined contribution pension scheme with competitive employer contributions so you can look after your future
• ✅ Competitive annual holiday entitlement so that you can slow down and take some time to rest
• 🎓 Annual professional membership fee reimbursement, e.g. ACCA, CIMA
• 🎁 Club/gym subsidy so that you can take care of your body
• 💼 Discretionary annual bonus scheme
• 💬 Referral Program – do you know someone who would like to join us? Referral bonuses are awaiting you!
• 🏠 Remote/hybrid working opportunities, or from the office
• 🧠 Tuition support for professional qualification exams that are relevant to your role including paid study and exam leave
• 🎉 Sports and Social Club – many team outings, company parties, sports activites and charity projects
• 💻 Support for workplace equipment and programs promoting mental health and wellbeing – because your comfort and health matter to us