Private Equity Director

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.

Private Equity Department

Due to its innovative technology and service offering HS Financial Technologies' closed end funds team is expanding. The team currently services a mix of private equity, real estate and hybrid structures. The team works with its clients on collaborating new technology solutions as well as client service models to support unique structures and operating models to meet an evolving and growing area within the asset management industry. We have an open and collaborative approach and look for everyone’s input when solving problems. This framework encourages professional development by empowering you to learn continuously and focus on more complex work as your experience progresses. Working in the PE department gives you exposure to new developments and forward-thinking approaches within our industry.

Job Description

A Private Equity Director will be required to manage the closed end fund accounting process within the guidelines and procedures provided by HS Financial Technologies and under the supervision and guidance of a Private Equity Managing Director. They will manage the timely and accurate delivery of NAV calculations. They will assist in the development of client relationships and will require a detailed understanding of the service requirements for closed end fund administration.

Responsibilities

The below list is not finite and may be added to. The combination of tasks required to be executed will vary depending on both client structure, client requirements and business needs.

Responsible for the day-to-day management of the Private Equity team including:

• Capital Call and Distribution Processing
• Preparation of net asset value calculations and financial statements
• Fee calculations and profit and loss allocations
• Waterfall creation and maintenance
• Performance reporting including IRRs
• Ad hoc client and investor reporting
• Managing client relationships involving interaction with both the client and the relevant Private Equity Managing Director to ensure consistency of service
• Ensure the assigned accounting team operates within the clearly defined and documented control environment
• Manage and develop client teams of up to 10 employees
• Resolve fund accounting enquiries escalated by Supervisor or Administrator
• Develop and improve workflows and procedures
• Manage the audit process ensuring timely and successful completion of fund audits
• Manage and complete client onboarding and transitions
• Manage fund accounting recruitment, training and performance evaluations
• Establish and maintain effective working relationships with other stakeholder groups

HS Financial Technologies operates a client focused structure which provides a wide range of experience to all levels of employees. As such a Private Equity Fund Accounting Director should be flexible and willing to adapt.

Pre-requisite Knowledge, Skills and Experience

• 10+ years’ experience working in a Hedge Fund Administration firm with at least 3 of those at Supervisor level is desired. Alternative Hedge Fund or Private Equity Fund experience will be considered
• Accounting, Economics, Finance, Mathematics 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
• Strong verbal and written communication skills
• Good people manager with the ability to coach and develop a team
• Strong analytical and problem-solving skills
• Ability to be flexible and work effectively both within a team structure or independently
• Strong inter-personal skills with the ability to influence at all levels of the organization
• Strong systems, product and process knowledge – Investran experience ideal
• Committed to delivery of results
• Strong Client focus and stakeholder management skills