Job Purpose
TMF Fund Services is an independent alternative fund administrator with over two decades of experience in providing an extensive range of services, coupled with a very personal approach. We combine our technology, expertise and global infrastructure to deliver a customized package of services to our clients. These include: Fund Administration, Investor Services, Portfolio & Managed Account Services, Depositary and Corporate Services.
Key Responsibilities
Onboarding new clients, unpack and define new client delivery, participate in the implementation of fund structures onto the accounting system
Calculate and produce accurate NAVs for alternative investment funds (private equity, real estate, debt, other alternatives), which are domiciled in recognized fund jurisdictions. Preparation of trial balances and work paper product
Responsible for (fund) accounting and analysis, maintaining and controlling the general ledger and various sub-ledgers, processing of transactions, rebalances, waterfalls, fee calculations, hedging, loans, recording calls and distributions, various ad hoc client reporting
Preparation of limited partner and general partner allocations
Preparation of (annual) financial statements, footnotes and partner capital statements, assist in client audit procedures
Monitor the timing and quality of client deliverables
Monitor compliance of various agreements with clients, including the Service Level Agreement
Provide supervision, training and guidance to team members focusing on task performance, support work allocation and capacity planning
Requirements
At least 5-10 year experience in Fund accounting for Alternative Funds (Private Equity, Real Estate, Private Debt)
A degree in Business or Finance related area – ideally ACCA, CA, CFA or other similar level qualification
Extensive experience in reviewing and preparing general ledgers and financial statements for Alternative Funds
Good knowledge of IFRS and ideally other GAAPs
Knowledge of Investran and/or Yardi– this would be considered as advantage
Familiarity with tax-efficient European fund structures and related investment vehicles and regulatory requirements – this would be considered as advantage
Other characteristics: accurate, self-motivated and able to work both independently and as part of a team, deadline driven and able to maintain a portfolio of clients
Make an impact
Our global presence in more than 80 countries allows you to impact how global and diverse clients do business as well as give back to the global communities we operate in
Be part of One TMF
At TMF Group, it’s our people who make us who we are. Our company thrives on entrepreneurial spirit and is full of proactive people who combine enthusiasm with responsibility and accountability.
A world of opportunity
Regardless of where you are in your career, TMF Group opens a world of opportunity where you will be part of our team and is supported in your global career journey.
