Associate Director - Fund Services
- Mauritius
- Not disclosed
- Permanent
- Added 14/01/2025
- Closing 13/02/2025
- Aroumei Rungadoo
Manage client portfolios, balancing risk, relationships, and compliance with ease and expertise as an Associate Director for Fund Services.
Role Overview
Purpose of Job:
The role holder will be required to administer a client portfolio, under the supervision of a Line Manager. They should be able to demonstrate a clear understanding of the client's portfolio, including risk awareness, relationship management and contractual and statutory obligations.
Main Responsibilities and Duties:
- Supervises a team and is responsible for the day-to-day investor servicing/onboarding, accounting, and reporting for private equity and real estate funds.
- Reviews and approves general ledger activity for investor-level, fund-level, and investment-level transactions.
- Reviews and approves investor subscription documentation and follows AML/KYC procedures.
- Responsible for daily cash activity, wire transfers and bank reconciliations.
- Reviews and approves quarterly accounting packages, including partner allocations.
- Manages and trains junior members of the team, including hiring decisions and performance appraisals.
- Serves as US GAAP subject matter expert and monitors FASB guidance for incorporation into procedures.
- Reviews and approves US GAAP financial statements and partner capital statements.
- Ensures fund waterfall and management fee calculations are interpreted in accordance with relevant fund operating documents, e.g. LP or LLC agreements.
- Reviews and approves investor capital call and distribution notices.
- Manages relationship with clients’ external auditors during year-end audits.
- Interacts with clients on day-to-day matters as well as on ad-hoc queries.
- Participates in regular technology and information reviews, identifies potential changes and enhancements, and recommends alternatives for implementation.
- Manage own billing and cash collection / debtors process, have an awareness of recoverability and work in an efficient manner so as to minimize write-offs.
- Adhere to Risk & Associated Compliance procedures in relation to regulatory requirements and AML legislation.
- Adhere to CPD requirements in accordance with qualification level and in-house procedures.
- Adhere to the company's core values and expected behaviors.
- Any other duties as deemed necessary by Management.
- Bachelor’s degree in accounting, finance, or related field.
- Professional accounting designation (e.g., CPA, ACCA) is a plus.
- Private equity or fund administration experience, ideally 8+ years, for this role.
- Proficiency in MS Office. Strong Excel expertise.
- Strong organizational and communication skills.
- Attention to detail, problem solving and analytical skills.
Bolt Talent Solutions (Pty) Ltd
- 1st Floor, La Promenade, The Trademark, MU, 80829, Moka, Mauritius
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