Note: The job is a remote job and is open to candidates in USA. Stone Coast Fund Services is an award-winning hedge fund administrator that values its employees and community. The Fund Accounting Account Manager will be responsible for recording and reconciling portfolio and fund activities, calculating NAV, and generating reports for clients while ensuring best-in-class service levels.
Responsibilities
- Record and reconcile all portfolio and fund activity for assigned clients
- Calculate the fund’s NAV adhering to industry standards and internal procedures
- Allocate profit and loss to investors including the calculation of management and performance fees
- Process and record fund expense payments and ensure cash wire requests are completed accurately and timely
- Generate and deliver fund and investor reports to fund managers and investors of assigned clients
- Prepare and deliver supporting materials as necessary for board meetings, financial statements and audit and regulatory requests related to assigned clients
- Communication with internal and external entities to ensure best in class service levels; build relationships of cooperation
- Review fund’s net asset value (NAV), investor statements and other work prepared by accountants for completeness and accuracy measuring against industry standards and internal procedures
- Mentor, train, and support fund accountants
- Assure fund accounting tasks are completed accurately and timely
Skills
- Three or more years of experience in fund accounting for hedge funds
- Comfortable and proficient acting as a primary liaison with fund managers and other fund service providers
- Familiarity with the types of investments held by hedge funds
- Experience working with portfolio and investor accounting systems, in particular Advent Geneva World Investor
- Experience working in an environment with internal control procedures, operating procedures, workflows, control checklists, and other elements of an internal control system
- Experience with financial reporting, information security and client, vendor, and risk management
- Must be able to learn complicated concepts quickly
- Proficiency with Microsoft Office is essential, advanced Excel (formulas, pivot tables, and filtering) are a must
- Four-year college degree preferably in Accounting, Finance, Business Management or Economics
Benefits
- Remote work flexibility
- Competitive pay and benefits
- Opportunity for promotion
- Fully paid community service days
- Health & coverage: medical (including HSA options), dental, and vision plans
- Financial protection: company-paid life insurance and AD&D, with additional voluntary coverage options including short- and long-term disability
- 401(k) with employer match and immediate vesting
- Student loan repayment support
- HSA and flexible spending accounts (medical and dependent care)
- Paid time off and holidays aligned with the NYSE market calendar
- EAP
- Commuter benefits with employer contribution
- Employee referral program
- Optional insurance coverage (critical illness, accident, hospital)
- Dedicated paid time to support causes and organizations meaningful to you
- Fully remote work opportunities will be considered for residents of one of the following states: AR, CO, CT, DC, FL, GA, IN, IA, KS, KY, ME, MD, MI, MO, NV, NH, NJ, NC, PA, RI, SC, TX, VA, WA, WI
Company Overview
Stone Coast Fund Services is a financial services company providing hedge fund administration and consultancy services. It was founded in 2006, and is headquartered in Portland, Maine, USA, with a workforce of 201-500 employees. Its website is http://stone-coast.com.