Assistant Vice President UCITS - Fund Accounting

Waystone leads the way in specialist services for the asset management industry.Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.

With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn. Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

Summary: Reporting to the Vice President - Fund Accounting, the Assistant Vice President Fund Accounting will be an integral part of the team’s success.

Essential Duties And Responsibilities

The roles consist of managing a small number of client relationships, ensuring superior client service and the delivery of accurate information in a timely fashion. The Assistant Vice President - Fund Accounting will have responsibility for their clients’ portfolios from start to finish. This will include (but is not limited to) the following:

• Assist in the management of a team of Associates and Senior Associates.
• Provide recommendations or input and capture observations to ensure holistic performance evaluation of assigned team members.
• Conduct, facilitate, delegate and monitor the training of team members, including the use of relevant accounting software and applications.
• Assist with the recruitment and onboarding of team members, including maintaining a positive and professional work environment and actively engaging team members to ensure minimum turnover
• Review daily client deliverables of team members in accordance with agreed timelines, to ensure deadlines are met by planning, delegation and scheduling effectively
• Review and/or calculation of Net Asset Values in line with clients’ requirements, including Exception Management System (EMS)
• Review of transactions processed such as trades, cash, corporate actions, income and expenses daily.
• Review Daily Cash & Position reconciliations.
• Manage client mailboxes (email)
• Serves as point-of-contact for multiple clients (internal and external) at a daily operational level, with ability to make decisions and use own initiative
• Liaise with internal stakeholders, investment managers, brokers, depositaries, auditors & custodians where issues arise with regards to day-to-day running of the fund.
• Complete any other additional ad hoc tasks, department projects or deliverables that may be assigned as needed or due to business demand.
  
  

Experience

• Overall 5 years of experience in Accounting field
• Minimum 3 years of Fund Accounting experience is required (ex. Hedge funds, private equity)
• Financial Reporting experience an advantage
• Prior managerial or supervisory experience an advantage
• Experience in navigating fund accounting systems (ex. Invest One, eFront, Investran is an advantage) and Experience in operating in a daily reconciliations’ environment is an advantage
  
  

Education

• A university degree (B.A./ B.Sc./ M.B.A.) in Business (preferably specializing in accountancy or another financial-related discipline).
• Professional certification as CPA or other international accounting certifications is an advantage