Senior Associate (Fund Administration)

• Thoroughly reviews the work prepared by Associates to ensure accuracy and compliance;
  
• Ensures that Net Asset Value (NAV) reports and other client deliverables are completed in line with the agreed timeline;
  
• Communicates with clients via email and calls as needed;
  
• Assists Associates and fellow Senior Associates with their deliverables as the need arises;
  
• Prepares more complex deliverables as needed;
  
• Sends open items to the client and agrees on the resolution;
  
• Reviews NAV package/reports and working papers such as position and cash reconciliations, accruals, dividends, and interest;
  
• Reviews investor statements, capital call/distribution notices, and confirmation letters, as applicable;
  
• Reviews capital activities (contributions, withdrawals, calls and distributions, transfers);
  
• Reviews allocation file, including calculations of administrative and management fees, performance fees, carried interest, waterfall, and clawback, as applicable;
  
• Reviews treasury portal entries and supporting document;
  
• Reviews financial statements as needed;
  
• Escalates critical issues to immediate superior promptly;
  
• Ensures that handover notes are provided to North American counterparts for any items that require coverage during North American hours if based in the Philippines or India;
  
• Demonstrates ownership of assigned responsibilities and follows HC Global’s best practices to service clients;
  
• Gains a thorough understanding of the fund’s operating structure and agreement with client by reading the operating agreement, private placement memorandum, engagement letter, and other related documents;
  
• Follows the policies and procedures of HC Global to maintain quality service to clients.
  

• Maintains books and records and calculates NAV of the assigned Funds, including partners/investors allocation, as applicable;
  
• Prepares NAV Package and financial statements;
  
• Prepares investor statements, capital call/distribution notices, and confirmation letters, as applicable;
  
• Calculates performance/incentive fees or carried interest, management and administration fees;
  
• Records trade and non -trade transactions to Portfolio Accounting System (Geneva, Paxus, QB, etc.);
  
• Analyzes Portfolio pricing and use our independent pricing (Refinitiv) as appropriate;
  
• Performs position and cash reconciliations;
  
• Records accruals;
  
• Prepares ad hoc reports as requested by immediate supervisor and/or clients or as needed based on agreement with clients;
  
• Prepares audit schedules;
  
• Demonstrates ownership of assigned responsibilities and follows HC Global best practices to service clients;
  
• Gains thorough understanding of the fund’s operating structure and agreement with client by reading the operating agreement, private placement memorandum, engagement letter, and other related documents;
  
• Follows the policies and procedures of HCG to maintain quality service to clients;
  
• Enters wires to the treasury portal;
  
• Escalates critical issues to immediate supervisor promptly.
  

• Ensures timely and proper submission of timesheets to maintain accurate records of tasks completed and facilitate efficient payroll processing;
  
• Actively engages in group activities to cultivate a collaborative work environment, exchange knowledge, and contribute meaningfully to team objectives;
  
• Attends and completes all mandated training programs to enhance skill sets, stay abreast of industry developments, and ensure compliance with regulatory mandates;
  
• Maintains a comprehensive understanding of relevant best practices and client -specific agreements to guarantee adherence to established standards, mitigate potential risks, and deliver services of exceptional quality;
  
• Demonstrates flexibility, adaptability, and a willingness to contribute to the team's overall goals by performing additional duties assigned by Supervisors and Managers.
  

Requirements

• Graduate of Bachelor’s degree in Accountancy or equivalent of work experience in the same industry;
  
• Certified Public Accountant (CPA) designation is a plus;
  
• Must have at least 2 -3 consecutive years of experience as an accounting or finance professional;
  
• Experience in Fund Administration, Asset Management Audit or a similar field is an advantage;
  
• Proven experience in managing staff;
  
• Strong team player with the ability to work independently and collaboratively;
  
• Has a good business understanding of financial concepts and procedures;
  
• Analytical and detail -oriented;
  
• Flexibility to expand work hours as necessary and support business needs.
  

Benefits