Associate Manager- Fund Administration
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Job Summary
Responsibilities:
The Associate Manager is responsible for the fund administration functions relating to a specific group of clients.
The candidate will review and coordinate all transaction and reporting activity and will support the effort on client management and delivery.
Tasks:
- Maintenance of full (multicurrency) accounting records;
- Timely preparation and/or review of Net Asset Value calculations including cash and portfolio reconciliation portfolio valuation calculation of fees and accruals capital calls and distributions and/or other required actions;
- Preparation and/or review of allocations for capital events including capital calls distributions and redemption notices;
- Assisting the accounting team in the daytoday work with clients;
- Maintaining correspondence with various stakeholders;
- Assuring that all fees chargeable to the Fund are calculated and paid on timely basis;
- Prepare payment instructions and do the first approval of the templates;
- Support in preparation of periodic financial statements portfolio valuation reports and other reporting adhering to strict reporting deadlines;
- Reviewing the annual reports of the funds and provision of guidance and coordination for the audit process of the funds;
- Reviewing and monitor the compliance of the funds;
- Ensure protection of information assets of IQEQ ADGM and to abide by the ISMS in place;
- Review and prepare the management fees and administrative fees;
- Review and prepare the Performance fees Waterfall Calculation and ensure its inline with the Legal Agreements;
- Actively participate with the Fund transition process and liaison with the Implementation team;
- Liaison with the GCD team for the completion of the NAV;
- Provide support to the client for adhoc requests which relates to regulatory reporting Investor requests side letters etc;
- Understanding of various fund structures is preferred.
Key competencies for position and level:
- Client focus
- Communicates effectively
- Plans and aligns
- Interpersonal savvy
- Action orientated
Key behaviours we expect to see:
In addition to demonstrating our Group Values (Authentic Bold and Collaborative) the role holder will be expected to demonstrate the following:
- Accuracy
- Approachability
- Attention to detail
- Prioritisation
- Proactivity
- Relationship Building
- Taking ownership
Deliverables (KPIs):
- Ontime delivery
- Quality of work (errors or rework or complaints)
- Personal chargeability
Qualifications :
Required Experience:
Education / professional qualifications
- Degree holder and/or related professional qualification ed; partly qualified ACCA/ACA (minimum Level 2)
Background experience
- Minimum 3 years of experience in a similar role
Technical
- Good working knowledge in fund accounting fund mechanics and concepts.
Computer / program knowledge
- Working knowledge of PFS Paxus and / or Investran
Additional Information :
- At IQEQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.
Remote Work :
No
Employment Type :
Fulltime
Key Skills
- Microsoft Access
- Financial Services
- Fundraising
- GAAP
- Accounting
- IFRS
- Securities Law
- Microsoft Excel
- Private equity
- Confluence
- Supervising Experience
- Unity
About Company
IQEQ is a preeminent service provider to the alternative asset industry. IQEQ works with managers in multiple capacities ranging from hedge fund, private equity fund, and mutual fund launches; private equity fund administration; advisory firm set-up, regulatory registration and infras ... View more
