THE COMPANY:
My client, an Asset Management firm based in London, are looking to recruit a Senior Hedge Fund Accountant who will be responsible for all aspects of administration of the clients return funds in addition to managing 1 member staff.

THE ROLE:
The main responsibilities of the role are as follows:
• Daily cash and position reconciliations with the prime broker monitoring all cash movements across PB and investigate any differences
• Provision of daily balance sheet report to fund managers with emphasis on understanding the source of daily movements
• Continued monitoring of net cash exposures across non-base currency holdings
• Weekly and monthly NAV calculation for each fund, reconciling internal estimates to those calculated by the funds’ administrator, investigating and minimising any variances between estimates and finals to within 2bp’s
In addition:
• Control FX hedging of the different currency share classes using spot and forward deals on a monthly basis managing the additional exposures of any fund subscription/redemptions (monthly dealing, quarterly redemptions)
• Produce monthly risk exposure reports via administrator risk reporting tools
• Check monthly fee & expense accruals, ensuring that the amounts agree with the prospectus/SLA and in line with expectations
• Assist in the production of year-end, and mid-year, fund financial statements and CIMA filing
• Manage ongoing relationships with fund administrator, prime broker and auditors to ensure market standards are maintained
• Attend due diligence meetings with investors answering any queries relating to fund accounting and operations
• Dial into board meetings to offer information relating to HF matters where required
• Involvement in overall management of HF business and ad-hoc projects e.g. setting up of new funds, setting up of internal and external share classes, ensuring application and ongoing status as a distributing fund
• Maintain knowledge of market and industry initiatives through continuing attendance of conferences and seminars
• Be responsible for the creation, amendment and implementation of procedures
• Coordinate the receipt and payment of investment monies and in-specie transfers
• Produce ad-hoc reports for the fund managers and review of marketing material

THE CANDIDATE
• The candidate will be educated to degree level and possess an accounting qualification.
• Familiarity with Beauchamp accounting system is an advantage
• Ideally a minimum of 2 years previous experience of working for a hedge fund manager or administrator
• To be fully confident of month end NAV striking process and hhighly competent with spreadsheets
• Must have good organisation, and communication skills and be self motivated