Senior Manager, Fund Accounting (Hedge Fund)

Overview

I am partnering with a rapidly growing fund services organization to recruit an experienced Senior Manager, Fund Accounting (Hedge Fund) for its Hong Kong office. The successful individual will oversee a high-performing team supporting complex hedge fund structures across Asia. This opportunity suits a fund accounting professional seeking to combine technical depth, leadership responsibility, and client-facing exposure within a dynamic and expanding platform. You will play a key role in strengthening operational excellence as the firm continues to scale its fund services business in the region.

Key Responsibilities

Fund Accounting & Financial Reporting

• Supervise daily, weekly, and monthly NAV production for hedge fund portfolios, ensuring timely and accurate delivery in line with fund documentation and SLAs.

• Review and approve complex valuations involving multi-class funds, performance and management fee calculations, series accounting, side pockets, and derivative instruments.

• Oversee the preparation and review of audited and unaudited financial statements under IFRS or US GAAP, coordinating with auditors on year-end matters.

• Collaborate closely with Investor Services and Operations teams to ensure investor activities are accurately captured in the fund’s accounting records.

• Monitor fund expenses, accruals, and fee calculations to ensure compliance with governing documents and internal control standards.

• Resolve valuation, reconciliation, and accounting issues promptly and professionally.

Client Relationship Management

• Serve as the primary accounting contact for fund managers, investment advisors, and other stakeholders.

• Lead client discussions on NAV results, valuation methodologies, and fund performance.

• Provide proactive insights on accounting treatment, control improvements, and operational enhancements.

• Support client onboarding, fund launches, and transitions, ensuring readiness from an accounting and systems perspective.

Regulatory & Compliance Oversight

• Ensure adherence to SFC requirements, Cayman Islands regulations, and applicable global accounting standards.

• Maintain robust internal controls around pricing, reconciliation, and financial reporting.

• Partner with Compliance, Risk, and Legal teams on regulatory filings, audit support, and governance processes.

• Oversee FATCA/CRS reporting and other regulatory deliverables as required.

Leadership & People Development

• Lead and mentor a team of fund accountants and senior fund accountants, promoting high standards of accuracy, collaboration, and accountability.

• Manage performance reviews, training, and career development plans to build technical depth within the team.

• Foster a culture of continuous improvement, ownership, and professional excellence.

• Act as deputy to the Head of Fund Accounting when required.

Operational Excellence & Change Management

• Drive process improvement and automation initiatives to enhance accuracy, scalability, and efficiency.

• Participate in system enhancement and implementation projects involving fund accounting platforms (e.g., Geneva, Paxus, Investran, or equivalent).

• Develop and track KPIs and control metrics to ensure consistent service delivery.

• Collaborate with regional teams to align operational standards and promote best practices across jurisdictions.

Credentials & Experience

• Minimum 7–10 years of fund accounting experience within fund administration or hedge fund environments, including at least 3 years in a managerial or supervisory capacity.

• Strong technical understanding of hedge fund structures, including master-feeder, fund-of-funds, and hybrid vehicles.

• Deep knowledge of NAV calculation, financial reporting, and valuation principles.

• Familiarity with SFC-regulated funds, Cayman structures, and Asian hedge fund clients preferred.

• Proficiency in fund accounting systems such as Advent Geneva, PFS-Paxus, or equivalent.

• Degree in Accounting, Finance, or related discipline; CPA, CA, or ACCA qualification preferred.

• Excellent communication and stakeholder management skills.

• Fluent in English and Mandarin; Cantonese a plus.

Personal Attributes

• Highly analytical, detail-oriented, and control-focused.

• Client-centric with a strong sense of ownership and service excellence.

• Effective under pressure, capable of managing tight deadlines and complex deliverables.

• Hands-on leader who builds trust, motivates teams, and promotes accountability.

• Forward-thinking and adaptable, with a commitment to continuous improvement and best practice standards.