Junior Fund Accounting Associate

Salary - $1200

Position Overview

The Junior Fund Accounting Associate will operate in a fast-paced and intensive crypto environment, interacting with financial products ranging from basic to intermediary complexity levels. The position holder will assist and support the Director in managing moderate portfolios of investment fund clients.

Salary Range: $1,200 USD per month
Contract Term: Continuous

Duties and Responsibilities

• Manage and maintain simple financial products including equities, cryptocurrencies, bonds, swaps, options, Forex, mortgages, forwards, non-fungible tokens (NFTs), and futures.

• Account for all daily activity (purchases, sales, income accruals, etc.) in accordance with required controls to ensure accuracy and timeliness.

• Perform portfolio and fund accounting for client accounts.

• Perform investment position and cash reconciliations.

• Reconcile fund cash and positions/securities to external sources.

• Post accounting entries to the system ledger.

• Research internal differences between accounting and trade entries.

• Research and ratify marketable investment prices in line with policy and procedures.

• Prepare and review partnership calculations including subsequent closes, management fees, distribution waterfalls, and partner allocations.

• Perform secondary checks for performance/incentive and management fees.

• Review system allocations to ensure income is allocated correctly.

• Calculate Net Asset Value (NAV) per share, including dividend and distribution rates.

• Perform month-end close processes and financial statement preparation.

• Prepare and review general ledgers, financial statements, and investor capital accounts.

• Facilitate and confirm receipt of required data for financial preparation.

• Prepare financial statements in accordance with IFRS and/or GAAP.

• Communicate daily with clients and fund counterparties to resolve issues.

• Resolve queries from clients and related parties (auditors, investors, etc.).

• Assist with annual client audits and tax reporting.

• Manage year-end financial and tax audits with service providers.

• Perform other related reconciliation, maintenance, and administrative duties as assigned.

Education and Experience

• Bachelor’s Degree in Accounting, Finance, or equivalent.

• ACCA Certification – Level 2 or above.

• Minimum two (2) years’ experience in the auditing or investment auditing field.

• Proficient in Microsoft Office, with strong Excel and Microsoft Teams skills.

• Working knowledge of IFRS and GAAP.

• Working knowledge of accounting software.
  
  

Skills and Abilities

• Excellent interpersonal and communication skills.

• Strong customer service orientation.

• High attention to detail with a focus on accuracy and reliability.

• Strong time management skills with the ability to meet deadlines.

• Strong analytical, problem-solving, and critical-thinking skills.

• Advanced Microsoft Excel proficiency.

• Ability to work independently and collaboratively within a team.

Job Specifications

• Hybrid working environment.