Fund Accounting Assistant Manager

HS Financial Technologies (HSFT) is a global technology and fund administration partner to alternative asset managers, supporting more than $1 trillion in assets under administration. We serve private equity, private credit, hedge funds, endowments, and others with integrated technology, specialized expertise, and scalable operations.

Our proprietary platform connects data, workflows, and operations across the investment lifecycle, delivering the automation, transparency, and insights clients need to operate efficiently and grow with confidence. Combined with deep expertise across fund accounting, middle office, investor services, regulatory reporting, tax, risk, and front-office solutions, we help clients navigate complexity at scale.

More than 2,400 professionals across 14 global offices deliver the expertise, responsiveness, and consistency that have made HSFT a trusted partner to alternative asset managers worldwide.

At HSFT, we are committed to helping employees build meaningful, long-term careers through structured development programs, leadership opportunities, and clear paths for growth. Guided by our core values of Relationships, Support, Innovation, and Expertise, we foster a collaborative environment where people are empowered to learn, contribute, and succeed.

We offer flexible working arrangements, comprehensive health and well-being benefits, and a culture that invests in our people because they are the foundation of our success.

Founded in 2008 as HedgeServ, HSFT is recognized as a leading provider of alternative asset services, earning industry recognition across technology, accounting, client service, investor services, and regulatory expertise.

Job Description

A Fund Accounting Assistant Manager is required to execute the following tasks within the fund accounting department.  They shall be executed within the guidelines and procedures provided by HSFT and under the supervision and guidance of a Fund Accounting Manager and Director.  They will facilitate the timely and accurate delivery of NAV calculations and work closely with the fund accountants under their supervision. Coordinate the cash, position and OTC reconciliation process, including trade capture, processing corporate actions and pricing are an integral part of the Fund Accounting Assistant Manager’s role.  They will assist in the development of the NAV team, setting goals and acting as a guide and mentor to direct reports.  Every Fund Accounting Assistant Manager will receive the requisite Induction Training in addition to both compulsory (AML/KYC) and optional training. Additional client-specific training will be provided by the NAV Manager.

HSFT operates a client focused structure which provides a wide-range of experience to all levels of employee. As such a Fund Accounting Assistant Manager should be flexible and willing to adapt.

A Fund Accounting Assistant Manager should be capable of leading and supporting a team of up to 7 employees and facilitate their ongoing development and that of the NAV team.

Key Responsibilities:

• Quality control review of cash, position and market value reconciliations.
• Oversee timely resolution of aged items.
• Review fund pricing.
• Review corporate actions.
• Review profit and loss reports for reasonableness.
• Review income and expense accruals including fee calculations and trading accruals.
• Review fund trial balance.
• Review profit allocations to fund investors.
• Review compliance with HSFT defined checklists, procedures and controls.
• Collaborate and liaise with internal departments to support the resolution of fund-related issues.
• Support Managers in addressing escalated fund accounting enquiries.
• Respond to client queries in a timely and efficient manner.

Our requirements:

• Completed bachelor’s degree in business, accounting or finance
• 5+ years’ experience working in a hedge fund administration firm is required.
• Accounting, Finance, Legal or Business Degree.
• Intention to actively pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA), if not already started, part qualified or qualified, would be an advantage but is not required.
• IT Literate.
• Strong English verbal and written communication skills.
• Strong systems, product and process knowledge.
• Strong analytical and problem-solving skills.
• Strong attention to detail and well organized.
• Ability to work effectively in a time-sensitive environment.
• Ability to be flexible and work effectively both within a team structure and independently.
• Strong inter-personal skills.
• Good initiative tempered with identifying when escalation is required.
• Reliable and dependable.
• Approachable.
• Ability to positively influence team morale.
• Demonstrate leadership skills.
• Take ownership of designated tasks.

We’re proud to offer a benefits package and workplace culture designed to support your health, career ambitions and life beyond work.

• LuxMed Premium Package.
• Life insurance and travel insurance.
• MyBenefit Platform.
• Employee Referral Program.
• Remote/hybrid working opportunities, or from the office.
• 100% funding for certifications and postgraduate studies accredited by ACCA, CIMA and IOB.
• Technical workshops and soft skills training.
• Sports and Social Club.