Hamilton, New Jersey, Bermuda
17 hours ago
Vice President Fund Accounting
Introduction At Artex, we defy convention and reimagine the possibilities of risk management. Join a team of passionate visionaries, where creativity knows no bounds, and innovative thinking shapes the future. As part of our global family, you'll unlock your potential, turning challenges into opportunities, and creating an impact on a global scale. Dare to innovate, and together, we'll craft a legacy of transformation. We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply. Overview We are seeking a motivated and dynamic individual for the position of Vice President (VP), Fund Accounting in our Bermuda office. Reporting directly the SVP, Head of ILS Fund Accounting, the successful applicant will be responsible for co managing the Insurance-Linked Securities (ILS) fund accounting team with overall responsibility for client servicing and fund accounting services, as well as contribute to the proposal and marketing for new business. How you'll make an impact • Manage a team of fund accountants and a number of client relationships. • Implement and coordinate new client relationships, including vetting of client offering documents. • Control fund launches and implementation of new clients. • Review NAV calculations to ensure accuracy and ensure your team meets all client deliverable deadlines. • Assist with business development, including completion of RFPs and client fee proposals. • Perform fund accounting functions including NAV calculation and portfolio valuation as necessary. • Train both new and current staff on processes and procedures and update staff on new developments. • Assist the fund accounting team in the audit process for clients including preparation of financial statements. • In accordance with the group strategy as defined by the global Operations team/COO, support the execution of a scalable operating model through existing/new technology, workflow and automation: • Standardize processes, controls, and use of third-party applications and platforms • Collaborate with cross-functional teams to develop and/or implement systems, tools, processes to ensure client services are delivered on time and to quality standards • Define and measure operational and client success metrics • Assist with development and monitoring of internal systems and processes to ensure their effectiveness About you • An internationally recognized professional financial designation and a minimum of 5 years working in fund administration managing a fund accounting team focused on ILS fund structures. • In depth knowledge of investments including fixed income, options, futures, insurance linked securities and other commonly used derivative products. • Significant experience in the preparation of financial statements for audit. • Strong knowledge of various hedge fund performance fee calculations and alternative investment structures. • In depth knowledge of the side pocketing processes common in ILS fund structures. • Sound understanding of financial accounting including US GAAP. • Must have proven experience in managing, training and developing staff. • In-depth knowledge and understanding of general ledger and accounting standards (US GAAP, Canada GAAP, Bermuda Stat, UK GAAP/IFRS/IAS) as applied to insurance/reinsurance companies. • Must be prepared to work extended hours and public holidays as required. #LI-DNI
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