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1 HC Global Fund Services Job
Associate Accountant
1-3 years
Kolkata, Mumbai, New Delhi + 4 more
1 vacancy
Associate Accountant
HC Global Fund Services
posted 15d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Financial Statement Preparation:
- Prepares draft financial statements and related supporting schedules;
- Updates the draft financial statements for client and auditor comments.
Middle and Back Office Functions:
- 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, directorfee, etc.);
- For Geneva clients, performs pricing of fundsinvestments using prices from external sources;
- Uploads daily trade transactions from the prime brokerFTP sites or trade blotter including the daily dividends, interest, corporate actions, and cash activities and record them in the HC Globalportfolio 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, investorsmonthly and YTD allocations, capital letters, summary of expenses, schedule of management fees, etc.);
- Ensures that the monthly partnersallocation 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 allocating according to the limited partnership agreements;
Ensures that all expenses are accrued 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 partners;
- Ensures that all working papers are appropriately labeled 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 clientsfinancial 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 fundfinancial statements and works closely with the respective fundauditors 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.
Job Specifications:
Graduate of Bachelordegree in Accountancy;
Preferably a Certified Public Accountant (CPA) or Chartered Accountant (CA);
Must have worked at least 1 to 2 busy seasons with a reputable audit firm or another Fund Administration firm in the same capacity;
Excellent knowledge in Excel and Word functions;
Preferably has been able to prepare draft financial statements;
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.
Employment Type: Full Time, Permanent
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What people at HC Global Fund Services are saying
Rating based on 1 Associate Accountant
review
Anonymous · Fund Admin
in Makati
Likes
Good benefits and treats well employees
Dislikes
None for me I guess. You just have to comply with their admin tasks.
Read 1 reviewWhat HC Global Fund Services employees are saying about work life
based on 5 employees
Flexible timing
Monday to Friday
No travel
HC Global Fund Services Benefits
View more benefits
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