Fund Accounting Manager

About NAV

NAV Fund Services was founded in 1991 and has since undergone exponential organic growth. NAV is now one of the largest and most reputable fund administrators in the world, with over 2,300 clients, offices in multiple countries, and servicing clients located in six continents. NAV has been able to succeed in all economic climates by continued investment in innovation and technology, while remaining independent, detached from mergers and acquisitions, and completely debt free.

LinkedIn - https://www.linkedin.com/pulse/top-companies-2023-25-best-workplaces-grow-your-career/

Website www.navfundservices.com; www.navbackoffice.com

NAV Core Values:

Excellence: We focus on execution, action, and delivering meaningful outcomes. We set ambitious goals, stay accountable, and celebrate high-quality work.

Growth Mindset: We embrace challenges and continuous learning. We give our people the right environment to not just hone their skills but also grow as an individual.

Ownership: We believe in going beyond accountability. We foster a culture of initiative and responsibility by empowering our people and recognizing them for their efforts at every step.

Integrity: We build strong relationships through transparency and honesty. We do the right thing even when no one is watching.

Inclusivity: We celebrate and respect diversity, perspectives and ideas. We ensure everyone is valued, included, and heard to bring our authentic selves to work.

Role Overview:

Responsible for daily and monthly NAV preparation and validation for hedge fund clients, including reconciliations and exception resolution. Manages pricing reviews, fee accruals, OTC bookings, and capital activity processing. Ensures accurate client reporting, monthend NAV finalization, and investorlevel allocations. Collaborates with internal/external stakeholders and supports audits, automation initiatives, and operational projects.

Key Responsibilities:

• Responsible to prepare/ validate the NAVs of the hedge fund clients on a daily/Monthly basis.
• Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/parties of valid breaks. If break is due to an erroneous or missing transaction in accounting system, then make necessary adjustments
• Reviewing pricing of the portfolio and analyzing the pricing exceptions if any.
• Responsible for accruing fee accruals including management fees and financing accruals.
• Process non-automated transactions including OTC derivatives and their related cash movements.
• Effective communication with clients on daily reporting of Estimates/NAVs/Query resolutions.
• Checking that all OTC products traded by the client have been booked correctly.
• Booking of Capital Activities of the fund.
• Finalizing the month end NAV of the client and providing Investor Level Allocation reports at month end.
• Providing support in Audits for funds in the preparation on financial statements. Complete audit reviews and ensure identified issues are documented and tracked to closure.
• Support operations on projects related to Automations/Work migrations/Conversions etc.
• Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients

Qualifications & Experience:

• Preferably Chartered Accountants
• 2 to 4 years of experience in Hedge Fund Accounting (exposure on Crypto funds is a plus)
• Strong understanding of fund accounting principles, financial reporting, complex products such as Crypto, CeFi, and DeFi, management fee calculations, reconciliation processes

Shifts:

• Night Shifts