Overview
We are partnering with a rapidly growing fund services organization to recruit an experienced Senior Manager, Fund Accounting (Hedge Fund) for its Hong Kong office. The successful individual will oversee a high-performing team supporting complex hedge fund structures across Asia. This opportunity suits a fund accounting professional seeking to combine technical depth, leadership responsibility, and client-facing exposure within a dynamic and expanding platform. You will play a key role in strengthening operational excellence as the firm continues to scale its fund services business in the region.
Key Responsibilities
Fund Accounting & Financial Reporting
- Supervise daily, weekly, and monthly NAV production for hedge fund portfolios, ensuring timely and accurate delivery in line with fund documentation and SLAs.
- Review and approve complex valuations involving multi-class funds, performance and management fee calculations, series accounting, side pockets, and derivative instruments.
- Oversee the preparation and review of audited and unaudited financial statements under IFRS or US GAAP, coordinating with auditors on year-end matters.
- Collaborate closely with Investor Services and Operations teams to ensure investor activities are accurately captured in the funds accounting records.
- Monitor fund expenses, accruals, and fee calculations to ensure compliance with governing documents and internal control standards.
- Resolve valuation, reconciliation, and accounting issues promptly and professionally.
Client Relationship Management
- Serve as the primary accounting contact for fund managers, investment advisors, and other stakeholders.
- Lead client discussions on NAV results, valuation methodologies, and fund performance.
- Provide proactive insights on accounting treatment, control improvements, and operational enhancements.
- Support client onboarding, fund launches, and transitions, ensuring readiness from an accounting and systems perspective.
Regulatory & Compliance Oversight
- Ensure adherence to SFC requirements, Cayman Islands regulations, and applicable global accounting standards.
- Maintain robust internal controls around pricing, reconciliation, and financial reporting.
- Partner with Compliance, Risk, and Legal teams on regulatory filings, audit support, and governance processes.
- Oversee FATCA/CRS reporting and other regulatory deliverables as required.
Leadership & People Development
- Lead and mentor a team of fund accountants and senior fund accountants, promoting high standards of accuracy, collaboration, and accountability.
- Manage performance reviews, training, and career development plans to build technical depth within the team.
- Foster a culture of continuous improvement, ownership, and professional excellence.
- Act as deputy to the Head of Fund Accounting when required.
Operational Excellence & Change Management
- Drive process improvement and automation initiatives to enhance accuracy, scalability, and efficiency.
- Participate in system enhancement and implementation projects involving fund accounting platforms (e.g., Geneva, Paxus, Investran, or equivalent).
- Develop and track KPIs and control metrics to ensure consistent service delivery.
- Collaborate with regional teams to align operational standards and promote best practices across jurisdictions.
Credentials & Experience
- Minimum 7–10 years of fund accounting experience within fund administration or hedge fund environments, including at least 3 years in a managerial or supervisory capacity.
- Strong technical understanding of hedge fund structures, including master-feeder, fund-of-funds, and hybrid vehicles.
- Deep knowledge of NAV calculation, financial reporting, and valuation principles.
- Familiarity with SFC-regulated funds, Cayman structures, and Asian hedge fund clients preferred.
- Proficiency in fund accounting systems such as Advent Geneva, PFS-Paxus, or equivalent.
- Degree in Accounting, Finance, or related discipline; CPA, CA, or ACCA qualification preferred.
- Excellent communication and stakeholder management skills.
- Fluent in English and Mandarin; Cantonese a plus.
Personal Attributes
- Highly analytical, detail-oriented, and control-focused.
- Client-centric with a strong sense of ownership and service excellence.
- Effective under pressure, capable of managing tight deadlines and complex deliverables.
- Hands-on leader who builds trust, motivates teams, and promotes accountability.
- Forward-thinking and adaptable, with a commitment to continuous improvement and best practice standards.
To apply, please submit your resume to lyn@fundspartnership.com or ariane@fundspartnership.com, highlighting your relevant experience and why you are interested in this position.
**** All information will be treated with the strictest confidence. We regret to inform you that only short-listed applicants would be notified. Thank you for your understanding ***