Assistant Fund Accounting Manager

Assistant Fund Accounting Manager

We are seeking a proactive and hands-on Assistant Fund Accounting Manager to join our Fund Accounting team. In this role, you will support the Fund Accounting Team Manager in overseeing day-to-day operations and ensuring the accurate and timely delivery of fund accounting services across our hedge fund and private equity fund client base.

The ideal candidate brings strong technical fund accounting knowledge, solid NAV preparation and review experience across open-ended and closed-ended fund structures, and the readiness to roll up their sleeves when needed. This is not a purely supervisory role - we are looking for someone equally comfortable reviewing work and diving into complex fund structures, new client take-ons, and peak-period support.

Key Responsibilities

• Support the Fund Accounting Team Manager in day-to-day team management and oversight across hedge fund and private equity fund mandates

• Review fund accounting deliverables for accuracy, completeness, and timeliness, including NAV packages, capital account statements, and investor allocations

• Prepare and review NAV calculations for hedge funds and private equity funds, including new client onboardings and complex structures

• Act as hands-on operational support, stepping in directly to manage deliverables during peak periods such as month-end, quarter-end, and audit cycles

• Liaise with internal stakeholders to ensure smooth service delivery

• Participate in global and local process improvement initiatives, system enhancements, and operational projects

• Attend fund board meetings and provide support on fund accounting and reporting matters

• Work closely with external auditors throughout the audit cycle, including responding to queries and coordinating supporting documentation for annual financial statements

• Strengthen controls, improve workflows, and maintain high service standards across the team

• Support new client onboardings and the transition of new hedge fund and PE fund mandates into BAU operations

Requirements

• Degree in Accountancy, Finance, Business, or a related discipline

• Relevant experience in fund accounting within a fund administration or asset management environment, with strong knowledge of hedge fund and/or private equity fund structures, NAV calculation, and fund operations

• Familiarity with hedge fund instruments (e.g., equities, fixed income, OTC derivatives, short positions) and/or private equity accounting concepts (e.g., capital calls, distributions, waterfall calculations, carried interest)

• Hands-on approach with the willingness to step into detailed operational work when required

• Experience handling new fund launches, fund migration, client onboardings, and/or complex fund structures is advantageous

• Experience working with auditors and managing audit-related queries and deliverables

• Strong attention to detail, analytical skills, and a high standard of accuracy

• Good interpersonal and communication skills for effective engagement with internal teams, fund boards, and external stakeholders

• Proactive, organized, and able to manage competing priorities in a fast-paced environment

• Experience with PFS-Paxus is a plus

Preferred Attributes

• Practical and solutions-oriented mindset

• Strong sense of ownership and accountability

• Ability to work independently while supporting team development and collaboration

• Keen interest in process improvement and operational efficiency

• Proficiency in PFS-Paxus familiarity with system workflows, reporting modules, and NAV processing within the platform is highly advantageous