Fund Accounting, Associate (WEX)

Key Responsibilities:

• Own accounting and securities records for an assigned portfolio of funds, ensuring prescribed controls are followed across position reconciliation, asset pricing, trade processing, and income and expense processing.
• Prepare and review monthly/quarterly NAV packages, ensuring delivery within SLA.
• Prepare and review quarterly and annual GAAP financial statements and footnote disclosures for multiple funds.
• Coordinate with internal and external auditors, and prepare regulatory filings including Form ADV, Form PF, AIFMD and Form SLT.
• Review daily cash activity and system bookings, resolving breaks and exceptions.
• Review capital call and distribution workings, investor allocations and notices before release to investors.
• Manage end-execution of Private Equity Funds from other accounting applications.
• Identify and implement process improvements to increase efficiency and team productivity.

Qualifications and Experience:

• Bachelor’s Degree required in a related field (Finance, Accounting or Economics)
• 4+ years’ experience in a fund services or financial services industry.
• Knowledge of international accounting standards and practices.
• Excellent communication skills, both verbal and written, with the ability to collaborate across teams.
• Demonstrated ability to work in a fast-paced, dynamic environment with ease.
• Good understanding of different security types and their accounting treatment
• Familiarity with stock market practices & data vendor systems like Bloomberg
• Experience working with closed-ended funds, such as private equity or other alternative investment funds.
• Understanding of the roles and processes of fund custodian banks and investment managers.

What Success Looks Like:

• Within 90 Days: Develop a strong understanding of our fund accounting procedures, systems and client requirements, with the ability to prepare NAV packages for assigned funds with minimal guidance.
• Within 6 Months: Independently prepare and review NAV packages, financial statements and capital activity for assigned funds, ensuring deliverables are accurate and within SLA.
• Within 12 Months: Become a trusted point of contact for client, auditor and analyst queries, while proactively identifying opportunities to improve processes.
• Ongoing: Maintain consistent adherence to controls and procedures, and ensure all work is accurate, well documented and audit-ready.