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Fund Accounting Supervisor

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U.S. Bank National Association

9d ago

  • Job
    Full-time
    Mid & Senior Level
  • Accounting & Tax
    Banking & Finance
  • Dublin

AI generated summary

  • You need 3-5 years in hedge fund administration, knowledge of Advent Geneva, strong Excel skills, expertise in asset types, and excellent communication to thrive in a deadline-driven environment.
  • You will review reconciliations, prepare expense schedules, ensure accurate client deliverables, assist with reports, mentor junior staff, and communicate effectively with clients and colleagues.

Requirements

  • • 3 to 5 years’ experience working in a hedge fund administration firm is required
  • • Knowledge of Advent Geneva preferred (World Investor or Mantra beneficial)
  • • Have a strong knowledge of different asset types, Futures, Options, IRS, CDS, Equity Swaps. Review/process corporate actions, review interest accruals
  • • Strong Excel knowledge is essential
  • • Individual who takes initiative and ownership of assigned responsibilities
  • • Strong oral and written communication skills
  • • Ability to work under pressure and to tight deadlines
  • • Ability to positively influence team morale

Responsibilities

  • Review cash, OTE, position and Market value reconciliations
  • Prepare expenses schedules including calculation of management and performance fees
  • Prepare investor allocations for each NAV period
  • Ensure NAV and all other client deliverables are completed accurately and in a timely manner, in accordance with the relevant approved procedure
  • Assist in preparation of quarterly Board reports and annual/semi-annual Financial Statements and audit
  • Serve as operational contact for a range of clients and therefore excellent written and verbal communication skills are a prerequisite
  • Ensure all new processes are documented and all funds procedures are updated periodically. Processes should also be reviewed frequently for best process in terms of risk and efficiency with a view to identifying areas for potential automation
  • Open, accurate and timely communication with all colleagues
  • Ability to cover all funds within the team when required
  • Work with Manager to mentor and train more junior colleagues
  • Work on projects / Adhoc tasks as required

FAQs

What is the primary focus of the Fund Accounting Supervisor role at U.S. Bank?

The primary focus of the Fund Accounting Supervisor role is to oversee fund administration services, ensuring accurate and timely completion of NAV production and other client deliverables.

What are the key responsibilities of the Fund Accounting Supervisor?

Key responsibilities include reviewing reconciliations, preparing expense schedules, investor allocations, assisting in quarterly Board reports, maintaining communication with clients, documenting new processes, mentoring junior colleagues, and managing adhoc projects.

What qualifications are required for the Fund Accounting Supervisor position?

Candidates should have 3 to 5 years of experience in hedge fund administration, knowledge of Advent Geneva, a strong understanding of various asset types, and proficiency in Excel.

What skills are necessary for success in this role?

Strong oral and written communication skills, initiative, ability to work under pressure, attention to detail, and the capability to positively influence team morale are essential for success.

Is knowledge of specific financial instruments required for the role?

Yes, a strong knowledge of different asset types including Futures, Options, IRS, CDS, and Equity Swaps is required.

What is the work environment like in this position?

The work environment is dynamic, collaborative, and fast-paced, with a focus on client-centric service and technology-driven solutions.

Will there be opportunities for career growth in this role?

Yes, the position offers excellent career prospects and opportunities for professional development within U.S. Bank Global Fund Services.

Is experience with Advent Geneva necessary for this position?

While experience with Advent Geneva is preferred, having knowledge of alternative systems like World Investor or Mantra may also be beneficial.

How important is teamwork in the Fund Accounting Supervisor role?

Teamwork is crucial, as the supervisor will need to communicate effectively with colleagues, mentor junior staff, and work collaboratively on various projects.

What kind of training or mentorship opportunities are available?

The Fund Accounting Supervisor will work with the Manager to mentor and train junior colleagues, fostering a supportive learning environment.

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U.S. Bank National Association

Finance
Industry
1-10
Employees
1863
Founded Year

Mission & Purpose

U.S. Bank, a leading financial institution in the United States, provides a comprehensive range of banking and financial services to individual, business, government, and institutional clients. Their ultimate mission is to empower customers by offering innovative financial solutions that help them achieve their goals. The bank's purpose centers on building strong relationships, fostering economic growth in communities, and delivering trusted expertise to navigate financial challenges effectively, ensuring long-term prosperity for their stakeholders.

Benefits

  • Life outside of work

    Work is just one part of your life. Relax and recharge with time-off programs and other resources to help you find your ideal work-life balance.

  • Retirement and financial security

    Your financial wellness is important throughout your career and into retirement. We invest in your future with retirement savings, pension plans and tools to help you prepare for whatever is next.

  • Health and well-being

    Feeling well helps you do your best at home, at work and everywhere in between. We provide a variety of benefits and programs to help you take care of your health.

  • Career growth and development

    Be a lifelong learner and reach your career goals with development resources that boost your success.