Finance Associate

The responsibilities of the successful candidate for this London based Finance Associate role will include:

• Trade Settlement: Collaborate with the operations team and where needed traders, brokers, and custodians to ensure accurate and timely settlement of trades. Monitor and resolve any trade-related issues.
• Treasury Management: Manage daily cash positions, monitor liquidity, and execute fund-related transactions. Optimize cash flow and ensure compliance with treasury policies. Reconcile all portfolio and cash activity to source data.
• Operations: Work closely with the operations team to streamline processes, enhance operational efficiency, and ensure proper controls are in place.
• Net Asset Value (NAV) Calculation: Perform daily, monthly, and quarterly NAV calculations for assigned hedge funds, ensuring precision and compliance with regulatory requirements. Review investor allocations and ensure fee/allocations are booked accurately.
• Process Improvement: Identify opportunities for process improvements and efficiency enhancements within the fund accounting, operations, and treasury functions.
• Investor Relations: Preparing reporting for investors, weekly estimates, P&L attributions, newsletter reports, signing off investor statements and contract notes.
• Ensure fund expenses are accrued timely and in accordance with IFRS. Instructing Fund payments and responsible for reviewing the accrual balances and preparing expense ratios for the sales team
• Valuations, reviewing valuations, interacting with the valuation committee and board of directors to ensure accurate pricing of the NAV.
• Understanding fund documentation, taking responsibility for side letter terms implementation and monitoring, overing capital activity in line with the PPMs and preparing internal capital activity documentation.
• Financial Reporting: Prepare and review financial statements, investor statements, and reports in accordance with GAAP and fund-specific guidelines.
• Reconciliation: Conduct daily reconciliation of cash, positions, and market values. Investigate and promptly resolve discrepancies.
• Performance Measurement: Calculate and analyse fund performance metrics, providing insights into fund operations and treasury impacts. Prepare performance reports for internal and external stakeholders.
• Compliance and Regulatory: Ensure compliance with regulatory requirements, preparing filings (AIFMD, CRS/FATCA) and internal policies, with a focus on both accounting and operational regulations.
• Audit: Run internal and external audits by providing documentation and responding to audit inquiries related to both accounting and operations.
• UK/US Tax: Run UK Reporting Fund Cycles and US K1/1065 cycles, working with the tax providers to ensure deadlines are met.