Description:
Full Time
Duties and Responsibilities:
As Associate Accountant, you will be responsible for such duties and responsibilities that are normally associated with your position, which include, but are not limited to the activities enumerated below.
Middle and Back Office Functions
- Gathers all information required i.e. external statements, i.e, prime broker reports and custodian statements, supporting documents for recurring expenses including legal fees, audit fee, admin fees, tax fees, directors fee, etc.
- Uploads daily trade transactions from the prime brokers FTP sites or trade blotter including the daily dividends, interest, corporate actions, and cash activities and record them in the HC Globals portfolio accounting
- For Geneva clients, performs pricing of funds investments using prices from external sources
- Prepares daily equity reconciliation for each fund and if required by the engagement, also prepares position and cash reconciliation. Investigates any trade breaks and reconciling items on the reconciliation.
- Based on downloaded reports and other calculations, prepares and or updates the financial reports trial balance, income statement, balance sheet, statement of changes in capital accounts, investors monthly and YTD allocations, capital letters, summary of expenses, schedule of management fees, etc.
- Ensures that the monthly partners allocation is allocating the correct profit and loss based on the straight capital ratios or commitment ratios, whichever is the case maybe
- Ensures that management fees and performance fees are allocating according to the limited partnership agreements
- Ensures that all expenses are accrued and all income and expense items are recognized in the appropriate tabs in the allocation file
- Ensures that all income and expenses are classified in the right income and expense character for income tax purposes
- Ensures the correctness of the monthly, quarterly and year to date gross and net returns for each limited partners
- Ensures that all working papers are appropriately labeled and with proper notations and or cell comments
- Prepares the reporting package for next level review
- Prepares all accounting related entries for Geneva clients, ensuring that all transactions have appropriate support
- Monitors client mailboxes or distribution lists and saves all necessary emails and supports on a timely manner
- Prepares ad hoc requests received from client, including but not limited to, distributions, drawdowns, etc.
Qualifications:
Graduate of Bachelors degree in Accountancy Preferably with at least 1 year of experience in financial accounting or equivalent A team player must be able to work individually and as part of a team Has a good business understanding of financial concepts and procedures Analytical and very detail-oriented Flexibility to expand work hours as necessary and support business needs.
Requirements:
Skills:
(Not indicated)
