Description

Main Duties/Responsibilities of the Role

Role Overview

This is a newly created, mid-level role that bridges fund accounting and product control. The successful candidate will support the accurate production of daily and month-end NAVs and fund financial data, while also contributing to the firm's T0/T1 P&L production and valuation control process across a range of products. The role requires a solid grounding in fund accounting principles combined with genuine product knowledge - an understanding of how different instrument types behave, price, and settle - and offers strong development potential for someone looking to build a career spanning both fund finance and product control.

The candidate will work closely with fund administrators, the Product Control & Valuations team, portfolio managers, Risk, Operations, and Technology, acting as a key link between the fund accounting and P&L/valuation functions.

Fund Accounting & NAV Support

• Support the end-to-end NAV production process, including daily and month-end NAV review, checks, and sign-off across assigned fund structures.
• Assist in the preparation and review of month-end valuation packets, ensuring accuracy, completeness, and compliance with fund documentation.
• Perform shadow accounting and reconciliation against third-party fund administrator records; investigate and help resolve breaks in a timely manner.
• Support investor capital activity reviews, bank reconciliations, and investor statement tie-outs.
• Help ensure NAV-related processes are carried out in line with fund documents, accounting standards, and internal policies.

P&L Production & Valuation Control

• Support the timely and accurate production of T+0 and T+1 P&L, and assist in explaining P&L movements to senior stakeholders.
• Perform verification and checks of pricing inputs and models - e.g., pricing sources, curve models - including reviewing counterparty valuations.
• Assist with daily and monthly valuation reviews across the firm's portfolio, covering a range of products including fixed income, credit, equities, FX, and commodities.
• Review reconciliation reports and help provide explanations for stale prices, outsized moves, mark overrides, cash breaks, and reconciliation differences versus the administrator.
• Support the implementation of valuation policy and contribute to system and process improvement initiatives with the Trading COO and Technology teams.

Stakeholder Management & Controls

• Act as a day-to-day point of contact between fund accounting, product control, portfolio managers, Risk, Operations, and fund administrators to resolve NAV- and P&L-related queries.
• Assist with the coordination of external audit requests and support regulatory and compliance reporting obligations (e.g., AIFMD, Form PF) where relevant to fund data.
• Contribute to the design and maintenance of accounting and valuation controls, flagging control gaps or process improvement opportunities.
• Support ad hoc reporting and data requests from investor relations and senior management.

PERSON SPECIFICATION

Work Experience/Background

Essential

Desirable

• 3-6 years of relevant experience in fund accounting, fund finance, or product control within an asset management, hedge fund, or fund administration environment.

• Experience within a hedge fund or alternative asset manager, ideally with exposure to global macro or multi-strategy funds.

• Working knowledge of a broad range of financial products (e.g., fixed income, FX, equities, listed and OTC derivatives, or commodities).

• Direct experience with commodities or listed derivatives cleared at a PB, FCM, or other cleared exchange.

• Experience with NAV processes and/or liaising with third-party fund administrators.

• Exposure to closed-ended or hybrid fund structures.

• Experience with reconciliations, price testing, or month-end control processes.

• Familiarity with corporate actions, tax, or security/reference master data for listed products.

• Solid understanding of market behaviour and ability to relate market events to P&L or valuation movements.

• Prior exposure to Bangalore or another offshore finance centre operation.

Technical/Business Skills & Knowledge

Essential

Desirable

• Good working knowledge of fund accounting principles, NAV mechanics, and financial reporting in an investment management context.

• Familiarity with shadow accounting systems or fund accounting/order management platforms.

• Genuine product knowledge across asset classes - understanding how instruments are priced, valued, and settled.

• Experience with valuation or operational accounting for illiquid or alternative assets.

• Highly process-oriented with a strong controls mindset and close attention to detail.

• Exposure to AIFMD, Form PF, FATCA/CRS, or other alternative fund regulatory reporting.

• Effective communicator, comfortable liaising with traders, portfolio managers, and fund administrators.

• Experience with automation or process improvement initiatives in fund finance or product control.

• Advanced Excel and data analysis skills; comfortable working with large data sets.
• Highly motivated self-starter with intellectual curiosity and a results-oriented mindset.

Qualifications

Essential

Desirable

• Degree in Accounting, Finance, Economics, or a related discipline.

• Progress towards or completion of a professional accounting qualification (ACA, ACCA, CPA) or CFA.