Fund Accounting Team Lead

Job Description

Leadership & Supervision: Manage, mentor, and develop a team of accountants specializing in private credit. Allocate tasks effectively, monitor workload distribution, and ensure timely completion of deliverables. Conduct regular performance reviews and provide constructive feedback. Accounting & Financial Reporting: Oversee the preparation and review of financial statements, reports, and regulatory filings related to private credit investments. Ensure accurate accounting treatment for complex private credit instruments, including debt structures, derivatives, and securitized products. Implement and maintain robust internal controls to ensure compliance with accounting standards (e.g., GAAP, IFRS) and regulatory requirements. Review fund expense allocations, income accruals, and investment valuations for accuracy and consistency. Process Improvement: Identify opportunities to streamline accounting processes and enhance operational efficiency. Develop and implement robust internal controls to ensure data integrity, accuracy, and compliance. Compliance & Risk Management: Ensure adherence to internal controls, policies, and procedures related to private credit accounting. Support internal and external audits, providing necessary documentation and explanations. Stakeholder Communication: Serve as the primary point of contact for private credit accounting-related inquiries from internal and external stakeholders. Prepare and present reports to senior management and clients as needed. Core Activities Prepare monthly financial reporting package for Hedge Funds, including the determination of "NetAsset Value" and prepare the Statement of Asset and Liabilities and Profit and Loss Statement Perform daily reconciliation of accounts between Geneva and Custodian/Prime Broker Ensure Fund income and expenses, including management and performance fees, are accrued for and are in accordance with relevant accounting standards (Calculation of Incentive Fee and Management Fee) Accurate and timely processing of all capital activities including subscriptions, redemptions, transfers, rollups, capital commitments and calls Preparation of Investor and Client reports including Audit confirmations, Trade confirmations etc. Assistance with New Client Onboarding and Implementations