Gathers all
information required (i.e.external statements,
i.e., prime broker reports and custodian statements, supporting documents for
recurring expenses including legal fees, audit fee, admin fees, tax fees,
director’s fee, etc.).
For Geneva
clients, performs pricing of funds’ investments using prices from external
sources.
Uploads
daily trade transactions from the prime broker’s FTP sites or trade blotter
including the daily dividends, interest, corporate actions, and cash activities
and record them in the HC Global’s portfolio accounting.
Prepares daily
equity reconciliation for each fund and if required by the engagement, also prepares
position and cash reconciliation.Investigates
any trade breaks and reconciling items on the reconciliation
Based on downloaded
reports and other calculations, prepares and/or updates the financial reports (trial
balance, income statement, balance sheet, statement of changes in capital accounts,
investors’ monthly and YTD allocations, capital letters, summary of expenses,
schedule of management fees, etc.).
Ensures that
the monthly partners’ allocation is allocating the correct profit and loss
based on the straight capital ratios or commitment ratios, whichever is the
case maybe.
Ensures that
management fees and performance fees are allocated according to the limited
partnership agreements.
Ensuresthat all expensesareaccrued,
and all income and expense items are recognized in the appropriate tabs
in the allocation file.
Ensures that
all income and expenses are classified in the right income and expense
character for income tax purposes.
Ensures
the correctness of the monthly, quarterly and year to date gross and net
returns for each limited partner.
Ensures that
all working papers are appropriately labelled and with proper notations and/or
cell comments.
Prepares
the reporting package for next level review.
Prepares all
accounting related entries for Geneva clients, ensuring that all transactions have
appropriate support.
Monitors client
mailboxes/distribution lists and saves all necessary emails and supports on a timely
manner.
Prepares ad
hoc requests received from client, including but not limited to, distributions,
drawdowns, etc.
Prepares wire
entries in the treasury portal for engagements with Cash Control services.
Performs peer
review of Investor statements, as needed.
Assists
in coordinating annual audits of clients’ financial statements.
Prepares
working papers in a way that ensures that all audit requirements are handy for
the auditors.
Prepares
year-end schedules for independent auditors including cost roll forward, cash
reconciliation, statement of cash flows, and financial highlights and other
working papers supporting the balances and disclosures in the financial
statements.
Prepares each
fund’s financial statements and works closely with the respective fund’s
auditors for note disclosures.
Prepares
and submits draft financial statements on a timely basis for next level review.
Organizes
own work, setting priorities and meeting critical deadlines.
Requirements
Job Specifications:
Graduate of Bachelor’s degree in Accountancy
Preferably a Certified Public
Accountant (CPA) or Chartered Accountant (CA)
Preferably with at least 1 year
of experience in financial accounting or equivalent
A team player; must be able to
work individually and as part of a team
Has a good business understanding
of financial concepts and procedures
Analytical and very
detail-oriented
Flexibility to expand work hours
as necessary and support business needs