Assistant Vice President - Fund Accounting

_For over 20 years, Waystone has been at the cutting edge of specialist services for the asset management industry – partnering with institutional investors, investment funds and asset managers. We work with our clients to help build, support, and protect investment structures and strategies worldwide._

_Our success depends upon our ability to attract and retain the best, most diverse talent and provide our employees with a broad spectrum of professional development opportunities._ _Our workplace environment is an inclusive one, where employees can be themselves, reach their full potential and drive business results._

Reporting to the reporting to the Vice President, Fund Accounting the Senior Associate - Fund Accounting will be an integral part of the team’s success.

ESSENTIAL DUTIES AND RESPONSIBILITIES

The roles consist of managing a small number of client relationships, ensuring superior client service and the delivery of accurate information in a timely fashion. The Assistant Vice President - Fund Accounting will have responsibility for their clients’ portfolios from start to finish. This will include (but is not limited to) the following:

• Assist in the management of a team of Associates and Senior Associates.
• Provide recommendation or input and capture observations to ensure holistic performance evaluation of assigned team members.
• Conduct, facilitate, delegate and monitor the training of team members including the use of relevant accounting software and applications.
• Assist with the recruitment and onboarding of team members.
• Review client deliverables of team members in accordance with agreed timelines.
• Review and/or calculation of Net Asset Values in line with clients’ requirements.
• Assist with processing trades, cash, income and expenses on a daily basis.
• Review Daily Cash & Position reconciliations.
• Preparation and/or review of financial statements, supporting information and tax schedules in relation with the year-end audit.
• Preparation and/or review of expense payments
• Serves as point-of-contact for multiple clients (internal and external) at a daily operational level.
• Liaise with internal stakeholders, investment managers, brokers & custodians where issues arise with regards to day-to-day running of the fund.
• Complete any other additional ad hoc tasks or deliverables that may be assigned as needed or due to business demand.

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REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience:

• 5 years of experience in Accounting
• A minimum of 3 years Fund Accounting experience is required (ex. Hedge funds, private equity)
• Financial Reporting experience an advantage
• Prior managerial or supervisory experience an advantage
• Experience in navigating fund accounting systems (ex. Invest One, eFront, Investran is an advantage)

Education:

• A university degree (B.A., B.Sc., M.B.A.) in Business preferably specializing in accountancy or another financial-related discipline
• An internationally recognized accounting designation (CA, CPA, ACCA or equivalent), is not required but is an advantage