AVP/ VP – Head of Fund Accounting and Business Development

NAV Fund Administration Group (the “Company”) is looking for a Senior Fund Accounting and Business Development Manager to manage a broad range of financial, accounting and business development responsibilities for our unique and dynamic Fund Administration business.

About NAV-

Founded in 1991, NAV is a privately owned fund administrator that is recognized for its innovative and costeffective fund administration solutions. NAV serves over 2300+ clients around the world, which have combined assets under administration over US$ 310 billion. HFM Insights 2024 have named NAV Fund Administration Group (“NAV”) as the Best Fund Administrator. NAV has been a recipient to various industry awards such as:

• Most Trusted USA Hedge Fund Administrator – Acquisition International
• Recognized Leader in Multi-Platforms Complexes - Acquisition International
• Best Managed Account Platform Technology – HFM US Technology
• Best Innovative Fund Administrator _ CTA Intelligence

NAV has been ranked as one of the 10 largest Fund Administrators globally and has been awarded as “Best Administrator” by HFM US Quant Services.

Website www.navfundservices.com

Responsibilities include:

• Manage fund relationships for both accounting and transfer agent functions, and act as point of escalation with client contacts.

• Manage workflow between clients and the Company’s back office staff to generate daily and monthly accounting deliverables for assigned funds in accordance with clients’ requirements.

• Ensure overall client satisfaction by facilitating efforts of the assigned servicing team, coordinating resources to ensure timely delivery and issue resolution, and effectively communicating client requirements and concerns to internal managers and teams.

• Supervise critical data reconciliation, the quality of accounting reports, risk and attribution reporting, and reliability and accuracy of financial statements.  

• Implement practices and procedures for reviewing and verifying accounting reports, their supporting documents, and reporting formats to ensure completeness of input data.

• Periodic review of compliance and regulatory filings.

• Communicate with fund auditors to resolve accounting questions and to prepare draft audited financial statement in accordance with IFRS and IAS, or US GAAP as needed.

• Review fund formation, offering and governing documents, side letters and investment management agreements to ensure proper application of fund terms.

• Support the tax team with information to prepare tax compliance and reports as needed.

• Help assigned clients and investors use NAV’s web reporting platform for analytical reports, including breakout and portfolio data to meet specific expectations at the end user level.

• Cultivate strong working relationships with client contacts. Add value with a consultative approach, by anticipating client needs and possible solutions, and partnering with the client for implementation of next steps, including cross-selling of services to existing clients.

• Develop new business through communicating with warm leads, coordinating presentations, conducting demos of web portal and proprietary systems, developing proposals, negotiating service agreements, closing sales and ensuring smooth delivery of new services.  

• Spread awareness of the Company’s brand by developing and maintaining a strong network of intermediary relationships with influencers and other referral sources.

• Maintain knowledge of industry trends and their potential impact on the Company and clients.

Required Minimum Qualifications:

• 7+ years of fund accounting experience, with a focus on alternative investments funds, hedge funds, real assets, and/or private equity

• Prior experience at a hedge fund administrator or audit firm is strongly preferred

• Bachelor’s Degree (or equivalent) in Accounting

• Advanced degree and CPA or CFA strongly preferred

•  Should be efficient and well organized with exceptional attention to detail

• Must be able to work under pressure and within tight deadlines

• Demonstrable communication, relationship and team skills

• Significant degree of self-motivation and integrity

• Experience presenting to prospective clients, and negotiating and closing deals utilizing the consultative approach is a plus

• Must be willing to periodically travel to conferences and industry events

• Proficiency in Microsoft Office suite, with advanced Excel skills

Remote or Hybrid work:

You will work at the Company’s Ebene, Mauritius office at least three days per week and other days remotely from home