Hedge Fund Administrator Ii
Hauppauge, Ny, Us
• Maintains books and records for alternative investment funds including valuations and calculation of incentive and management fees, processing trades, reconciling cash and assets, verifying prices on securities, booking expense entries, producing a fund valuation, allocating profit and loss to investors, calculating management and incentive fees, and producing investor statements. • Interfaces with portfolio managers and investment professionals regarding investments in underlying funds and fund of fund vehicles.• Ensures periodic fund NAV, investor reporting and financial reporting deliverable deadlines are met. • Executes, monitors and adjusts fund expense budgets and advisor reimbursements/waivers. • Calculates monthly management fees for each fund and distributes fee authorization to appropriate party.• Prepares, validates and/or assists in preparation of client accounts, reporting, financial statements, financial audit reporting and/or specific client reporting, including, but not limited to accruals, monthly, quarterly, and/ or annual financials packages for fund, portfolio company level and investor reporting as per administration & service level agreements. • Analyzes, researches, and ensures appropriate reconciliations surrounding investment activity /data i.e. bank accounts, expenses, income, gains, withholding, etc. are completed accurately and timely.• Ensures data integrity is maintained in accounting system for all investment positions and portfolio. • Prepares monthly, quarterly and annual client financial statements. • Performs periodic internal reporting to other groups (e.g. investor relations, regulatory reporting, fund metrics, AUM, fee revenue, investor data).• Ensures all financial reporting/information to clients/investors is reviewed and validated for accuracy prior to dissemination. • Prepares and reconciles year-end reports to year-end trial balance.
