PE Fund Accountant


Our Cayman, Dublin, Toronto and Shanghai offices invite applicants for the position of: PE Fund Accountant

Harmonic is one of the largest independent fund administrators, delivering a range of services and technology to private debt, hedge funds, fund of funds, private equity funds, private banks, pension funds and family offices.  With our experienced professionals and technology, we support a dynamic and complex industry characterized by new financial products, trading strategies and capital markets.  Harmonic is service oriented and technology intensive providing comprehensive services and software that include operations outsourcing, custom development and technology for global investment managers.

We are looking for a talented and motivated addition to our business analysis and operations teams servicing alternative investments management.

Job Summary

The PE Fund Accountant will be responsible for the fund administration of private equity and private debt funds, including capital event processing, Net Asset Value (“NAV”) determination, assisting with the preparation of financial statements, liaising with clients as well as assisting with systems development and other ad hoc projects as required. In addition, other responsibilities will include client relationship management, new business integration, as well as meeting the tight reporting deadlines and demanding obligations of our clients.

Essential Functions

A. NAV Determination

  • Review and understand the LPA and ensure the fund setup and ongoing operations adhere to the LPA
  • Liaise with investment managers, prime brokers and custodians in relation to investment activities as required for transaction processing and NAV preparation
  • Process commitments, subsequent closings, capital calls and distributions
  • Calculate the NAV for a portfolio of private equity funds
  • Calculate complex fees as set out in various agreements
  • Perform reconciliation of cash and assets/
  • Review and validate the partner allocation, including management fee and carried interest calculations and the allocation of specific income and expenses
  • Prepare periodic financial reporting and investor level capital account statements

B. Other Responsibilities

  • Assist in the preparation and review of fund audited financial statement
  • Liaise with the fund’s auditors at year end and interim periods to facilitate the timely completion of controls testing and substantive work
  • Complete audit confirmation requests
  • Performance of general administration relating to private equity funds
  • Participate in special projects

Education, Experience & Qualifications

  • 3 years of experience working in fund administration or audit, specifically with exposure to financial markets/institutions, private debt funds, hedge funds or private equity vehicles
  • Technical knowledge of alternative investments, fund accounting and the preparation of financial statements
  • Self-driven attitude and a strong work ethic
  • Demonstrate a keen attention to detail
  • Experience in relationship management and client service
  • Excellent time management, organizational and prioritization skills
  • Strong communication skills, both verbal and written
  • Keen to work in a sociable and people facing environment
  • At a minimum, the position requires a university degree
  • A professional accounting qualification is an asset (CA, CPA or equivalent)

We Offer

  • A unique corporate culture that helps to attract and retain the best available talent
  • A professional, dynamic, challenging and collaborative work environment
  • Competitive remuneration package commensurate with qualifications
  • Benefits included

Qualified candidates should forward their CV and cover letter to: