Fund Controller - Hedge Fund

NAV oversight and fund accounting

• Oversee the daily, weekly and monthly NAV process performed by third-party administrators, reviewing and signing off NAV packs before release to investors.
• Reconcile positions, cash, P&L and accruals between the internal books (order/portfolio management system) and the administrator, investigating and resolving breaks promptly.
• Review management and performance fee calculations, including high-water marks, hurdles, crystallisation and equalisation or series accounting.
• Monitor fund expenses, budgets and expense allocations across master-feeder structures, parallel funds and SMAs in line with offering documents.
• Review pricing and valuation of hard-to-value positions, preparing materials for the Valuation Committee

Financial reporting and audit

• Prepare or review annual audited financial statements under US GAAP and/or IFRS, and manage the year-end audit with external auditors.
• Coordinate investor capital activity: subscriptions, redemptions, transfers and side-pocket movements, working with the administrator and Investor Relations.
• Produce monthly investor reporting, performance figures and ad hoc analysis for management and investors

Required

• Qualified accountant (ACA, ACCA, CIMA, CPA or equivalent).
• 5–8 years' experience in fund accounting or fund control, including time at a hedge fund, a fund administrator or a Big Four asset management audit practice.
• Hands-on knowledge of hedge fund structures: master-feeder, multi-class and series accounting, side pockets and equalisation.
• Working knowledge of a broad range of instruments, such as equities, fixed income, listed and OTC derivatives, FX and swaps.
• Experience preparing or reviewing fund financial statements under US GAAP and/or IFRS.
• Advanced Excel skills (lookups, pivot tables, complex models).