Duties and responsibilities
- Oversee and process the daily trading activities of the fund, including equities, fixed income, futures, options, and forwards, within the fund accounting system.
- Reconcile the fund's investment portfolio holdings and cash balances with custodian statements and the investment manager.
- Price securities within the investment portfolio and analyze significant price discrepancies through research on Bloomberg or Reuters.
- Calculate the management and performance fees owed by the fund to the investment manager.
- Calculate and accrue all fees, as well as any income and expense items.
- Allocate income and expenses and determine the net asset value of each class and series of shares on each valuation date.
- Prepare draft annual financial statements in line with US GAAP/IFRS, including supporting audit schedules, and facilitate the audit process to ensure timely completion.
- Handle the filing of APS and CTS returns.
- Coordinate the request and prioritization process for enhancements, issues, and modifications within the accounting systems.
- Ensure that client needs are met promptly and completely, taking corrective action when service levels do not meet standards.
- Maintain communication with clients to guarantee we are addressing their needs and providing consistent, high-quality service.
- Foster strong working relationships and open communication with other department heads.
- Support the Head of Operations and senior management in developing and implementing SOC 1 internal controls.
- Assist with new client launches and transitions.
- Commit to delivering a high level of client service.
- Prepare and review financial reporting NAV packages.
- Assist client auditors and advisers.
- Perform any additional duties related to the effective servicing of client companies.
Qualifications Required:
- A bachelor’s degree in accounting or equivalent professional qualification.
- At least five years’ relevant work experience, particularly fund accounting experience in the fund administration industry.
- Proficient in the use of Microsoft Office (Excel, Word, Outlook).
- Proactive, detail oriented, and able to identify and resolve issues independently.
- Able to communicate professionally both written and verbally.
- Organized, able to multi-task, and work under pressure to meet deadlines in a team environment.
- Experience in Paxus Fund Accounting software is a must.
- Strong analytical and problem-solving skills.
- Sound knowledge of the regulatory framework in Mauritius and AML/CFT requirements in Mauritius would be an asset.
- Willingness to work extended hours may be required.
Top Skills
What We Do
Krypton Fund Services (‘Krypton’) is a new professional boutique fund services company with a sole purpose of providing Excellent Client Service. The core of our business is Client Focus with service and accountability as the framework of everything we do. We pride ourselves on a very client-centric approach that is not a cookie cutter offering.
Our platform provides regulatory reporting, fund administration, registrar and transfer agent, project management and setup, to a wide range of family office investment portfolios, investment funds, private and special purpose vehicles operating predominantly in the alternative investment arena.
