Reporting directly to the SVP, Head of ILS Fund Accounting within Artex Capital Solutions (“ACS”), the AVP, Fund Accounting, will have responsibility for the day-to-day administration of investment funds, delivery to clients, and managing and assisting members of the team.
Responsibilities:
• Primary responsibility and main point of contact for a portfolio of clients• Management of senior fund accountants’ workload and training new and current staff on processes and procedures• Vetting of offering documents and service agreements for funds• Overseeing fund launches and implementation of new clients including set up of all fund accounting records as necessary• Calculation and review of fund’s net asset values including complex performance fee calculations, portfolio processing and preparation and review of the payment of fund expenses• Preparing and reviewing the accounting for the reinsurance companies within the ILS structures• Preparing and reviewing the accounting for ILS funds• Reviewing and preparing financial statements with footnotes as well as supporting schedules and analysis• Coordination and management of audit process• Resolution of investor or client queries• Other responsibilities as needed to ensure quality client service
Qualifications and skills required:
• A University degree preferably majoring in accounting or another financials related discipline.• Internationally recognized accounting designation (CPA, ACA, etc.) with at least 8 years post qualification experience working either in the hedge fund administration industry or as an audit senior or higher in audit practice. A focus on investment funds that include ILS strategies preferred.• Strong understanding of investment accounting, hedge funds and ILS structures.• In-depth knowledge of hedge fund performance fee calculations and alternative investment structures.• In-depth understanding of complex investment securities including options, futures and other commonly used derivative products.• Strong understanding of relevant US GAAP accounting standards.• Experience in a client facing role and excellent verbal and written communication skills.• Ability to train and develop junior staff.• Strong organization skills and a proven ability to meet deadlines.• Excellent written and spoken communication skills.• Willingness to work extended hours and public holidays, as required.
Job details are sourced from the employer's original posting.
Open job postingAbout the company
Arthur J. Gallagher & Co. an international service provider plans, designs, and administers a full array of customized, cost-effective property/casualty insurance and risk management programs. The company also furnishes a broad range of risk management services including claims and information management, risk control consulting and appraisals to help corporations and institutions reduce their cost of risk. In addition, the company assists clients in all areas of their employee health/welfare and retirement plans, including plan design, funding and administration. Gallagher has operations in 33 countries and, through a network of correspondent brokers and consultants, Gallagher offers client-service capabilities in more than 150 countries around the world. Some of the company's offices are fully staffed with sales, marketing, claims, loss control and other specialists; some function as servicing offices for the various divisions.