Manager, Fund Accounting Job Description

Manager, Fund Accounting Job Description

171 votes for Manager, Fund Accounting
Manager, fund accounting provides oversight and guidance to ensure that the organization’s accounting procedures and documentation comply with acceptable standards of accounting and provide accurate and meaningful disclosure of our accounting policy and financial information.

Manager, Fund Accounting Duties & Responsibilities

To write an effective manager, fund accounting job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, fund accounting job description templates that you can modify and use.

Sample responsibilities for this position include:

Ownership of Risk and Regulatory adherence for the Product as part of the wider governance framework
Minimum five years experience in fund accounting, operations & unit trust pricing
Strong systems knowledge including asset management and custody systems
Awareness of risk and control environment with high quality standards
Work directly with investment performance area to create performance results, run audits and quality controls reports
Reviewing all work product prepared by accounting staff including monitoring and pricing of Profit & Loss, NAV’s and economic allocations
Fund accounting and operations, audit and tax support, and interacting with the firm’s prime brokers, administrator and top tier service providers
Interaction with portfolio managers
Assists in solving complex problems regarding the daily calculation of the funds’ net asset values and dividend rates
Managing the Accounting and Valuation team, to ensure that all service delivery output are completed to the agreed quality and timing targets

Manager, Fund Accounting Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Manager, Fund Accounting

List any licenses or certifications required by the position: PMP, CFA, CSC, ACCA

Education for Manager, Fund Accounting

Typically a job would require a certain level of education.

Employers hiring for the manager, fund accounting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Economics, Education, Business, Management, Accountancy, Real Estate, Professional Accounting, Leadership

Skills for Manager, Fund Accounting

Desired skills for manager, fund accounting include:

Fund accounting systems advantageous
InvestOne Enterprise
Vendor systems
Settlement/ Corporate Action/Trade Processing
Accounting Standards and provide Oversight of the Year End Fund Audit
Excel and Word essential
Financial industry operations
Partnership accounting
Standards and procedures for own tasks
Experienced user of the SunGard Investran PE accounting platform highly desirable

Desired experience for manager, fund accounting includes:

3?5 years of fund accounting experience in either a Private Equity Fund, Private Equity Fund Administrator, or other financial institution where the accountant has gained financial products knowledge
Knowledge of US GAAP and other comprehensive basis of accounting
Three or more years of experience in public accounting
Experience with Financial Services
Designation as a Certified Public Accountant is preferred
8+ YRS relevant experience in a Fund Accounting and Valuations department

Manager, Fund Accounting Examples


Manager, Fund Accounting Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of manager, fund accounting. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for manager, fund accounting
  • Prepare certain schedules required for the quarterly and annual public company reporting (10Q and 10K)
  • Prepare ad-hoc reporting requests for marketing, investor relations and senior management
  • All NAV’s and ensuring a consistent high quality
  • Resolving pricing issues as they arise
  • Accurate Performance fee calculations for shareholder level & series of shares
  • Prepare statutory reports
  • In addition to Fund Accounting related internal and external reporting outputs
  • Aim to achieve at least satisfactory results in all internal & external audits
  • Ensure the ongoing training & development of staff on operating procedures & regulatory requirements
  • Acts as escalation point for client related issues
Qualifications for manager, fund accounting
  • Extensive Financial Services experience including PE/RE experience
  • Good knowledge of PE/RE products required
  • Strong understanding of accounting strong analytic ability, written and oral communications required
  • Third level degree in Accounting or related field
  • Minimum 2.1 third level qualification in Accountancy, Finance or equivalent
  • Understanding of common OTC derivative instruments Exchanged Trade products

Manager, Fund Accounting Job Description

Job Description Example
Our growing company is looking for a manager, fund accounting. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for manager, fund accounting
  • Proven experience in managing small groups of operations professionals
  • Delegation and oversight of daily controls and queries relating to derivatives and fixed income instruments
  • Production of monthly yields for fixed income funds
  • Accurate and timely preparation of financial statement disclosures
  • Regular assessment/enhancement of controls and procedures to ensure scalability
  • Provision of support to both noon and evening sign off process
  • Processing income distributions, income accruals and reinvestments
  • Control and oversight of expense schedules
  • Review of expenses for payment
  • Support all projects in respect of fixed income and derivative instruments
Qualifications for manager, fund accounting
  • Extensive knowledge of the funds business and fund structures including OEICS, unit trusts and investment trusts
  • Previous exposure to, and comfort with, dealing with senior client management Ability to initiate and deliver change
  • Excel, Word and PowerPoint proficient
  • Flexibility to travel as required (to client offices )
  • Liases with auditors on annual accounts
  • Reviews financial statements, expense analysis, budget reviews, monthly client reports, , before passing on to the Fund Accounting Manager

Manager, Fund Accounting Job Description

Job Description Example
Our company is looking for a manager, fund accounting. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for manager, fund accounting
  • Regular consultation with various internal departments on all operational aspects of the fund
  • Maintenance of fund performance statistics
  • Production and maintenance of fund portfolio reports featuring an array of fund metrics
  • Liaison with the funds auditors and taking ownership of the audit process for the fund
  • Working closely with the fund board of Directors for quarterly board meetings
  • Working with risk & compliance to deliver both in house and regulatory reports within specified time frames
  • Potential work on a LP/GP Fund
  • Having good knowledge on the relevant Tax Regulation
  • Support each fund accountant by providing regular feedback, coaching and mentoring and assisting them in dealing with an evolving environment and complex issues
  • Manage overall department performance by identifying and monitoring appropriate performance metrics, and managing department budget
Qualifications for manager, fund accounting
  • Fund Accounting is responsible for maintaining the books and records of a broad range of funds which includes OEICs, Investment Trusts and other closed end companies
  • He / She will be expected to build the team, get them trained and run the team on a day to day basis
  • T&C qualified
  • Ensure Daily activity valuation has been executed properly and provide correct NAV (with correct pricing, accrual and adjustment) including the checking of NAV/unit from news paper has been done
  • Ensure all investment transaction and journal has been updated into system properly and all client instruction has been executed properly
  • Monitor client instruction has been executed by settlement system properly, escalate and follow up for any delayed or mismatch to head of Fund Admin

Manager, Fund Accounting Job Description

Job Description Example
Our innovative and growing company is looking for a manager, fund accounting. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for manager, fund accounting
  • Continually identify efficiencies within the processes while maintaining the service standards of the team
  • Ensure SOPs are applied consistently in daily work practices
  • Ensure that production is appropriately planned and resourcing issues are escalated
  • Identify opportunities for best practice and deliver them into production
  • Escalation and resolution of issues in a timely manner, be succinct and accurate in escalations
  • Minimum 3 years of related work experience in fund financial reporting
  • Enrollment or successful completion of the Canadian Securities Course (CSC) or Investment Funds In Canada (IFIC)
  • Fund accounting and knowledge of investor reporting systems such as SunGard Investran, Geneva & IDX
  • Work on the integration of large Fund Administration mandates
  • Oversight of external fund accounting
Qualifications for manager, fund accounting
  • Ensure team has an appropriate staffing in terms of knowledge & structure
  • Maintain inventory of IT Tools and its Access level details
  • Act as an intermediary between staff and management for smooth communication
  • Responsible for monthly MIS to FA Management
  • Ensure to have BCP/ERS procedure in place and in practice
  • International exposure would be added advantage

Manager, Fund Accounting Job Description

Job Description Example
Our innovative and growing company is hiring for a manager, fund accounting. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager, fund accounting
  • Manages an accounting operations group
  • Conducts the performance management process, provides input for hiring and disciplinary actions, and provides hands-on training to staff
  • Develops periodic goals, organizes the work, sets short-term priorities, monitors all activities, and ensures timely and accurate completion of
  • Manages and controls various functions in an accounting operations group to ensure a timely and accurate product/service
  • Provides technical expertise for new or complex accounts and oversees new accounts on an on-going basis to ensure that client needs are met
  • Determines most efficient method of setting up or processing accounts
  • Interview business stakeholders to understand their requirements towards software extensions
  • Align future software design with development team
  • Write functional specification of changes
  • Manage and execute testing incl
Qualifications for manager, fund accounting
  • Could involve traveling to Europe or APAC for training
  • Prior NAV calculation experience is essential, including strong knowledge of different product types in capital market domain
  • Understanding of operational and reputation risks inherent in the fund administration business and the management/operational control environment required in managing these risks
  • Ability to evaluate new business needs and changed service requirements
  • Must have the ability to create and maintain strong relationships with people at all levels and different functions throughout the organization and with external partners
  • 5+ years of accounting experience across the private equity, venture capital, hedge fund industries

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