Private Equity Director

Private Equity Director

A Private Equity Director will be required to manage the closed end fund accounting process within the guidelines and procedures provided by HedgeServ and under the supervision and guidance of a Private Equity Managing Director. They will manage the timely and accurate delivery of NAV calculations. They will assist in the development of client relationships and will require a detailed understanding of the service requirements for closed end fund administration.

Responsibilities

• The below list is not finite and may be added to. The combination of tasks required to be executed will vary depending on both client structure, client requirements and business needs.

• Responsible for the day-to-day management of the Private Equity team including:

• Capital Call and Distribution Processing

• Preparation of net asset value calculations and financial statements

• Fee calculations and profit and loss allocations

• Waterfall creation and maintenance

• Performance reporting including IRRs

• Ad hoc client and investor reporting

• Managing client relationships involving interaction with both the client and the relevant Private Equity Managing Director to ensure consistency of service

• Ensure the assigned accounting team operates within the clearly defined and documented control environment

• Manage and develop client teams of up to 10 employees

• Resolve fund accounting enquiries escalated by Supervisor or Administrator

• Develop and improve workflows and procedures

• Manage the audit process ensuring timely and successful completion of fund audits

• Manage and complete client onboarding and transitions

• Manage fund accounting recruitment, training and performance evaluations

• Establish and maintain effective working relationships with other stakeholder groups

• HedgeServ operates a client focused structure which provides a wide range of experience to all levels of employees. As such a Private Equity Fund Accounting Director should be flexible and willing to adapt.

• Pre-requisite Knowledge, Skills and Experience

• 10+ years’ experience working in a Hedge Fund Administration firm with at least 3 of those at Supervisor level is desired. Alternative Hedge Fund or Private Equity Fund experience will be considered

• Accounting, Economics, Finance, Mathematics or Business Degree

• Intention to actively pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA), if not already started, part qualified or qualified, would be an advantage but is not required

• Strong verbal and written communication skills

• Good people manager with the ability to coach and develop a team

• Strong analytical and problem-solving skills

• Ability to be flexible and work effectively both within a team structure or independently

• Strong inter-personal skills with the ability to influence at all levels of the organization

• Strong systems, product and process knowledge – Investran experience ideal

• Committed to delivery of results

• Strong Client focus and stakeholder management skills

• About Us

• At HedgeServ, our people are at the core of everything we do. We aspire to grow and challenge the status quo and it is our high calibre talent that drives our progress.

• We deliver success with the biggest clients because we have the best people working for us. We're committed to rewarding performance with competitive salary & benefits packages and ongoing learning and development opportunities.

• If you’d like a challenging and rewarding career, we’d love to hear from you.

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• CORPORATE VALUES

• HedgeServ has a culture of innovation, excellence, and continuous improvement which has continued to evolve through our employees. Our corporate values create a sense of shared purpose and belonging as we work together to achieve the vision and mission of HedgeServ. Our corporate values create a sense of shared purpose and belonging as we work together to achieve the vision and mission of HedgeServ. (It seems truncated) We continue to ..