Fund Accounting Manager - Hedge Fund Services

My client, a top fund services with banking business, is looking for a fund accounting candidate with hedge fund experience to join their growing team. Candidates with less experience could also be considered for a junior level position.

One Arrow Consulting - Hong Kong - Full time

Salary: HK$40k - HK$60k

Key Areas of Responsibility

  • Prepare timely and accurate Net Asset Values (NAV) for complex hedge and private equity funds, along with weekly P&L reporting and other fund accounting outputs for review.
  • Perform reconciliations of cash and trade positions, resolving discrepancies promptly.
  • Oversee accounting functions including year-end fund financial statements, investor reports, and regulatory filings.
  • Calculate performance fees, capital calls, and distributions in accordance with fund terms.
  • Review deliverables prepared by junior fund accountants, ensuring accuracy and compliance.
  • Engage in client servicing, addressing queries from clients and investors.
  • Collaborate with external auditors during year-end reporting.
  • Participate in onboarding new clients and launching new funds.
  • Manage Middle and Back Office duties for clients.
  • Assist in invoicing processes and collection of receivables.
  • Conduct AML checks and provide ongoing compliance support, including AML/KYC, FATCA, and CRS.
  • Undertake ad-hoc projects as assigned.

Requirements

  • Bachelors degree in Accounting, Finance, or related discipline; Masters degree preferred.
  • HKICPA/ACCA or equivalent qualification is preferred; CFA, FRM, or similar qualifications are a plus.
  • 5+ years of experience in fund accounting within the financial services industry, with previous fund administration experience required.
  • Strong attention to detail, ability to work independently under pressure, and a commitment to meeting tight deadlines.
  • Excellent interpersonal skills to collaborate effectively with diverse teams and clients.
  • Proficient in verbal and written communication in both Mandarin and English.
  • Advanced skills in Word, Excel, PowerPoint, and other presentation applications.
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