Assistant Vice President – Fund Administration

About the role

The Assistant Vice President will lead fund accounting and NAV calculation activities for a range of hedge funds, ensuring accurate and timely reporting to investors and internal stakeholders.

Key responsibilities

• Detailed review and reconciliation of periodic net asset values (daily/weekly/monthly).
• Reconcile investment portfolios, dividends, interest, corporate actions, and investor capital activity.
• Communicate with investment managers and investors regarding all aspects of account operations.
• Update accounting and client relationship management systems, verify statistical information, prepare financial statements, and liaise with external auditors.
• Provide daily client reporting on estimates/NAVs and resolve queries.
• Oversee fund accountants, ensuring timely and accurate NAV calculations and client‑specific reporting.
• Liaise daily with investment managers, brokers, custodians, and investors.
• Support audit processes, prepare financial statements, and track audit issues to closure.
• Ensure compliance with regulatory requirements, fund specifications, internal reporting deadlines, and service standards.
• Monitor deliverables to meet SLA and accuracy standards.
• Manage internal revenue reporting and plan daily workflow for the team.
• Supervise, train, and recruit accounting staff, delegating work and ensuring effective communication across departments.

Required profile

• Minimum 10 years of experience in fund administration, hedge‑fund accounting, or NAV calculation.
• Strong knowledge of the fund industry and related regulatory frameworks.
• Proven experience with general ledger accounting and financial statement preparation.
• Demonstrated ability to manage and mentor accounting teams.
• Excellent communication skills with investment managers, brokers, custodians, and investors.
• Track record of delivering accurate reporting within strict deadlines.

Required skills

• General ledger accounting
• NAV calculation
• Financial statement preparation
• Audit support and issue tracking
• Use of accounting and client relationship management systems