Managing Director, Head of Fund Accounting

This is a fully remote position, open to applicants in United States.

📋 Description

• Provide strategic oversight and direction to the Fund Accounting Department.

• Lead Senior Vice Presidents (SVPs) and potentially Vice Presidents (VPs), offering leadership, vision, and technical guidance.

• Oversee fund accounting operations, ensuring high-quality work and client satisfaction.

• Drive initiatives for technical and developmental training.

• Collaborate with business development on sales presentations and identify new service opportunities.

• Promote continuous improvement in the operating model, including exploring Artificial Intelligence opportunities.

• Engage with industry associations and events.

• Advise executives and management on personnel management, goal setting, policy development, and strategic implementation.

• Develop and implement the annual Strategic Plan.

• Participate in daily, monthly, and quarterly executive management meetings.

• Conceptualize and execute initiatives that support business objectives.

• Ensure adequate resources for timely reporting to clients and NASDAQ.

• Establish long-term goals, strategies, plans, and policies with the Executive team.

• Recommend fund allocations, process improvements, and system upgrades.

• Ensure the training team is equipped with the necessary tools and resources to enhance departmental knowledge.

• Review regulatory compliance and suggest changes to accounting procedures.

• Coordinate departmental disaster recovery initiatives.

• Support independent SOC1 audits by conducting research, providing documentation, answering questions, and coordinating with the team.

• Review operational controls and update procedures accordingly.

• Oversee hiring, training, development, delegation, performance evaluations, salary recommendations, coaching, counseling, and corrective actions.

• Conduct regular one-on-one and team meetings.

• Establish both team and individual goals.

• Foster a culture of performance and accountability among managers and associates.

• Communicate company information and changes effectively.

• Mentor through instruction, coaching, modeling, and advising.

• Oversee client requests and ensure that client needs are met.

• Communicate with fund administration, transfer agencies, and custodians regarding fund accounting activities.

• Perform other duties as assigned or requested.

⛳️ Requirements

• Bachelor’s degree or equivalent qualification.

• Over 15 years of experience in a related field.

• More than 10 years in strategic senior leadership positions.

• Equivalent education, experience, and Knowledge, Skills, and Abilities (KSAs) will be considered.

• Expertise in fund accounting.

• Strong understanding of accounting and finance principles.

• Knowledge of complex asset types including derivatives, bank loans, and private assets.

• Familiarity with financial industry terminology.

• Proficiency in Microsoft Office Suite and Adobe Acrobat.

• Willingness to work beyond the typical work hours as business needs arise.

• Ability to sit and stand regularly.

• Capability to occasionally lift and/or move up to 10 lbs.

• Specific vision abilities are required.

🏝️ Benefits

• Occasional travel (approximately 10% or less) may be necessary.

• Reasonable accommodations may be made to enable associates to perform essential functions.