Internal Audit & Financial Reporting Supervisor

At HedgeServ, we're redefining what's possible in fund administration. With more than $700 billion in assets under administration, we partner with the world's most forward-thinking investment managers - across private equity, private credit, endowments, hedge funds and more - to deliver seamless, tech-enabled solutions that drive performance.

Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services.

We're a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values - Relationships, Support, Innovation, and Expertise - create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission.

HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We've been recognized as an employer of choice, earning a top 100 workplaces designation.

Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We've earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise.

The Financial Reporting Supervisor prepare financial statements across HedgeServ's strategic clients in compliance with U.S. GAAP, IFRS or Luxembourg GAAP under the supervision and guidance of Financial Reporting Manager and/or Financial Reporting Director. The Financial Reporting Supervisor will ensure the timely and accurate delivery of financial statements, whilst building relationships with Investment Managers and Auditors, as well as colleagues across multiple global offices.

Hybrid Working arrangements

May require spend time between working in the office and working from home.

Key Responsibilities

Financial Reporting:

• Prepare financial statements including primary statements and all note disclosures ensuring they are drafted in accordance with:
  • the regulations of the fund domicile
  • the relevant GAAP of the Fund, primarily US GAAP, IFRS or Luxembourg GAAP
  • the constituting documents of the fund (prospectus / offering memorandum)
  • Investment Manager and/or Auditor instructions
• Develop template financial statements utilizing both the HedgeServ Financial Reporting tool and using a third party bespoke financial reporting application
• Co-ordinate weekly call between the Auditors, Investment Manager and HedgeServ, tracking the status of the financial reporting project to agreed milestones on the timetable and resolving ad-hoc Investment Manager and Auditor queries in relation to GAAP or local regulations
• Develop detailed knowledge of GAAP to understand the range of disclosures permissible under GAAP which best fit the ethos of the Investment Manager, and engaging with auditors on accounting interpretations where required thereby contributing to the financial reporting process from the Investment Manager's perspective
• Build a detailed personal knowledge of regulations (e.g. AIFMD, UCITs, and CFTC) to understand the range of disclosures permissible under the legislation which best fit the ethos of the Investment Manager
• Ensure all Investment Manager and Auditor queries on the financial statements are resolved in a timely manner

General:

• Identify and investigate errors or issues in a timely manner and escalate as required
• Ensure all work is delivered on schedule to meet agreed timelines
• Maintain effective working relationships with stakeholders with business stakeholders

Qualifications

• Bachelor's Degree in Accounting, Finance, Legal or Business graduate
• A Certified Public Accountant is preferred but not required
• With experience and understanding in US GAAP and/or IFRS or Luxemburg GAAP

• With at least 3-4 years of experience in audit, fund administration or fund accounting in asset management and investment fund industry (experience in Big 4 audit firms is a plus)
• Strong technical skills and attention to detail along with good knowledge of relevant accounting standards and regulatory requirements pertaining to the funds industry

Skills Required

• Excellent written and verbal and communication skills
• Take responsibility for assigned tasks
• Strong IT skills, proficient at MS Office (Excel, Word and PowerPoint)
• Excellent interpersonal, verbal and written communication skills
• Strong analytical and problem-solving skills
• Strong attention to detail and well organized
• Ability to work effectively in a time-sensitive environment with defined deadlines
• Ability to be flexible and work effectively both within a team structure and independently

We're proud to offer a benefits package and workplace culture designed to support your health, career ambitions and life beyond work.

• 🏥 Full private medical insurance so that you can take care of you & your family's health & wellbeing
• 🛡 Permanent health insurance/income protection as well as Life insurance, so that you can feel secure in any situation
• Employee Assistance Programme available to you and your immediate family for support on a variety of matters
• Defined contribution pension scheme with competitive employer contributions so you can look after your future
• Competitive annual holiday entitlement so that you can slow down and take some time to rest
• 🎓 Annual professional membership fee reimbursement, e.g. in ACCA, CIMA
• 🎁 Club/gym subsidy so that you can take care of your body
• Discretionary annual bonus scheme
• 💬 Referral Program - do you know someone who would like to join us? Referral bonuses are awaiting you!
• 🏠 Remote/hybrid working opportunities, or from the office
• 🧠 Tuition support for professional qualification exams that are relevant to your role including paid study and exam leave
• 🎉 Sports and Social Club - many team outings, company parties, sports activites and charity projects are awaiting you
• 💻 Support for workplace equipment and programs promoting mental health and wellbeing - because your comfort and health matter to us