Associate Manager- Fund Administration

Company Description

IQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide.

Responsibilities

The Associate Manager is responsible for the fund administration functions relating to a specific group of clients.

The candidate will review and coordinate all transaction and reporting activity and will support the effort on client management and delivery.

Tasks

• Maintenance of full (multi-currency) accounting records;
• Timely preparation and/or review of Net Asset Value calculations, including cash and portfolio reconciliation, portfolio valuation, calculation of fees and accruals, capital calls and distributions and/or other required actions;
• Preparation and/or review of allocations for capital events, including capital calls, distributions and redemption notices;
• Assisting the accounting team in the day-to-day work with clients;
• Maintaining correspondence with various stakeholders;
• Assuring that all fees chargeable to the Fund are calculated and paid on timely basis;
• Prepare payment instructions and do the first approval of the templates;
• Support in preparation of periodic financial statements, portfolio valuation reports and other reporting adhering to strict reporting deadlines;
• Reviewing the annual reports of the funds and provision of guidance and coordination for the audit process of the funds;
• Reviewing and monitor the compliance of the funds;
• Ensure protection of information assets of IQ-EQ ADGM and to abide by the ISMS in place;
• Review and prepare the management fees and administrative fees;
• Review and prepare the Performance fees Waterfall Calculation and ensure its inline with the Legal Agreements;
• Actively participate with the Fund transition process and liaison with the Implementation team;
• Liaison with the GCD team for the completion of the NAV;
• Provide support to the client for adhoc requests, which relates to regulatory reporting, Investor requests, side letters etc;
• Understanding of various fund structures is preferred.

• Client focus
• Communicates effectively
• Plans and aligns
• Interpersonal savvy
• Action orientated

In addition to demonstrating our Group Values (Authentic, Bold, and Collaborative), the role holder will be expected to demonstrate the following:

• Accuracy
• Approachability
• Attention to detail
• Prioritisation
• Proactivity
• Relationship Building
• Taking ownership

• On-time delivery
• Quality of work (errors or rework or complaints)
• Personal chargeability

Required Experience:

Education / Professional Qualifications

• Degree holder and/or related professional qualification ed; partly qualified ACCA/ACA (minimum Level 2)

Background experience

• Minimum 3 years of experience in a similar role

Technical

• Good working knowledge in fund accounting, fund mechanics and concepts.

Computer / program knowledge

• Working knowledge of PFS Paxus and / or Investran

• At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.