Middle and Back Office Functions:
- Gather all required information, including external statements, prime broker reports, custodian statements, and supporting documents for recurring expenses such as legal, audit, admin, tax, and director's fees.
- Perform pricing of funds' investments for Geneva clients using external sources.
- Upload daily trade transactions from prime broker FTP sites or trade blotters, including daily dividends, interest, corporate actions, and cash activities, and record them in HC Global's portfolio accounting.
- Prepare daily equity reconciliation for each fund and, if required by the engagement, also prepare position and cash reconciliation.
- Investigate any trade breaks and reconciling items on the reconciliation.
- Prepare and/or update financial reports based on downloaded reports and other calculations, including trial balance, income statement, balance sheet, statement of changes in capital accounts, investors' monthly and YTD allocations, capital letters, summary of expenses, and schedule of management fees.
- Ensure that monthly partners' allocation correctly reflects profit and loss based on straight capital ratios or commitment ratios, whichever is applicable.
- Ensure that management fees and performance fees are allocated according to limited partnership agreements.
- Ensure that all expenses are accrued and all income and expense items are recognized in the appropriate tabs in the allocation file.
- Ensure that all income and expenses are classified with the correct income and expense character for income tax purposes.
- Ensure the correctness of monthly, quarterly, and year-to-date gross and net returns for each limited partner.
- Ensure that all working papers are appropriately labeled and include proper notations and/or cell comments.
- Prepare the reporting package for next-level review.
- Prepare all accounting-related entries for Geneva clients, ensuring all transactions have appropriate support.
- Monitor client mailboxes/distribution lists and save all necessary emails and supports in a timely manner.
- Prepare ad hoc requests received from clients, including but not limited to, distributions and drawdowns.
- Prepare wire entries in the treasury portal for engagements with Cash Control services.
- Perform peer review of investor statements, as needed.
- Assist in coordinating annual audits of clients' financial statements.
- Prepare working papers in a way that ensures all audit requirements are readily available for the auditors.
- Prepare year-end schedules for independent auditors, including cost roll forward, cash reconciliation, statement of cash flows, financial highlights, and other working papers supporting the balances and disclosures in the financial statements.
- Prepare each fund's financial statements and work closely with the respective fund's auditors for note disclosures.
- Prepare and submit draft financial statements on a timely basis for next-level review.
- Organize your own work, setting priorities and meeting critical deadlines.
Job Specifications:
- You are a graduate of a Bachelor's degree in Accountancy.
- Fresh graduates and newly licensed CPAs are welcome to apply.
- You are a team player and must be able to work individually and as part of a team.
- You have a good business understanding of financial concepts and procedures.
- You are analytical and very detail-oriented.
- You have the flexibility to expand work hours as necessary and support business needs.
- You will work onsite for 6 months and at least twice a week onsite upon regularization.
