About the job
As a Senior Manager of Fund Accounting at MUFG Investor Services, you will report directly to the Director of Nexus Client Delivery. Your key responsibilities will encompass:
- Delivering comprehensive fund accounting and administration services for private equity fund clients, including the preparation and review of Net Asset Value (NAV), custody services, and meticulous investor record-keeping and reporting.
- Leading a team of Fund Accountants, overseeing the delivery of accounting and administrative services while ensuring staff are well-trained in all facets of the NAV process.
- Collaborating with banks, auditors, brokers, and custodians to guarantee efficient service delivery and timely completion of NAV processes.
- Authorizing fee schedules, including management and carried interest calculations, ensuring adherence to the relevant fund documentation.
- Reviewing and approving investor allocations for each NAV cycle, waterfall calculations, custody trading documents, and processing capital calls and distribution wires, ensuring all client instructions and deadlines are met.
- Coordinating with the internal AML team and administrators to ensure compliance with all AML regulations.
- Addressing all client inquiries promptly and effectively.
- Reviewing and endorsing schedules, reports, and files to ensure compliance with organizational controls.
- Managing resource allocation to ensure that all tasks are executed and service level agreements are met.
- Approving payment of fund expenses through applicable banking systems while ensuring adherence to established controls.
- Assisting in the preparation and review of audited financial statements and annual audits.
- Overseeing reporting for regulatory authorities.
- Establishing fund or client-specific procedures encompassing all service aspects, ensuring cross-training and coverage for all client services.
- Contributing to the growth of the local office.
- Generating innovative ideas for enhancing the NAV process, implementing technological improvements, and refining client reporting.
- Participating in multiple system initiatives and projects.
This is a newly created position.