Job Description

At HedgeServ, we’re redefining what’s possible in fund administration. With more than $700 billion in assets under administration, we partner with the world’s most forward-thinking investment managers – across private equity, private credit, endowments, hedge funds and more – to deliver seamless, tech-enabled solutions that drive performance.

Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.

We’re a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values – Relationships, Support, Innovation, and Expertise – create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission.

HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We’ve been recognized as an employer of choice, earning a top 100 workplaces designation.

Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We’ve earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.

Key Accountabilities of the Role

The tasks required to be executed will vary depending on both client structure, client requirements and business needs and will include:

• Assist in managing client relationships involving interaction with both the client and the and management to ensure consistency of service.
• Ensure the assigned Private Equity team operates within the clearly defined and documented control environment.
• Supervise a team of up to four Private Equity accountants facilitating their ongoing development.
• Resolve fund accounting enquiries escalated by the Administrator.
• Responsible for the day to day supervision of the Private Equity team including:
  • Capital Call and Distribution Processing
  • Investor Allocations and performance reporting including portfolio and investor IRR’s
  • Waterfall creation and maintenance
  • Preparation of net asset value calculations and financial statements
  • Ad hoc client and investor reporting
• Ensure all aged items on cash and position reconciliations are resolved timely.
• Review daily and monthly NAV calculations.
• Develop and improve NAV calculation workflows and procedures.
• Play a role in new client initialization and transition.

HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee. As such a Private Equity Supervisor should be flexible and willing to adapt.

Education:

Accounting, Finance, Legal or Business Degree.

Intention to actively pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA), if not already started, part qualified or qualified, would be an advantage but is not required

Skills:

• Strong verbal and written communication and interpersonal skills
• Strong analytical and problem-solving skills
• Strong attention to detail and well organized
• Ability to work under pressure and to tight deadlines
• Ability to be flexible and work effectively both within a team structure and independently
• Good initiative tempered with identifying when escalation is required
• Strong systems, product and process knowledge, IT Literate
• Reliable and Dependable
• Ability to positively influence team morale
• Ability to coach and mentor junior employees and share knowledge and information across the team
• Act as a role model for HedgeServ

Experience:

A minimum of three years’ experience working in a hedge fund administration firm is required.