What are the responsibilities and job description for the Director of Fund Administration position at Korn Ferry?
Company Background
Our client is a growth-oriented, experienced, and trusted institutional investment firm that allocates $2 Billion of assets on behalf of clients across the world. The company’s primary expertise includes :
Identifying and selecting the world’s most skilled managers
Combining those managers to construct diversified, actively managed portfolios
Supporting the portfolios with best-in-class risk management and infrastructure
Job Description
Leader in the Fund Administration team providing middle and back-office support to all of our client’s investment funds while also supporting the broader organization. This role will report to the CFO.
Fund Accounting
Day-to-day oversight of Fund Administration Dept
Reconcile and review fund fees, expenses, investor activity, and NAVs with the Third-Party Administrator and underlying Trading Managers
Manage relationships with internal and external business partners (Service Providers, Trading Managers, and Investors)
Review and approval of Investor Statements and performance reporting
Consult on and implement new funds and fee structures
Oversee and process investment allocations and fund rebalances across a wide structure of investment funds
Manage cash movements including margin calls, expense payments, and capital activity
Oversee and execute FX and currency hedging process
Oversee and review of annual audited financial statements as prepared by the Third-Party Administrator
Oversee and review of annual tax process as prepared by Third Party Tax Firm
Internal / External Reporting
Review, approve, and deliver various reports to internal partners and external investors as needed
Legal and Compliance
Partner with Legal / Compliance to review and consult on Fund documentation and other legal documents
Prepare and / or review regulatory filings as needed
Projects / Other
Seek out and implement process improvements (including adding efficiency and / or risk mitigation) through automation or other relevant means
Collaborate on design and implementation of new fund structures and fee calculations
Lead ad hoc projects as needed
Manage, train, and develop staff
Requirements
College degree (preferably Accounting or Finance)
8 years’ experience (preferably in a related role)
Previous managerial and leadership experience
Experience with Futures a plus
Strong knowledge of Microsoft Office – specifically Excel
SQL and / or Power BI experience a plus
CPA strongly preferred, MBA a plus
Strong communication skills (written and verbal)
Comfortable in an evolving environment, eager to learn new things, and motivated to implement change
An ability and commitment to deliver on our client’s core and implied values : service, innovation, excellence, character, talent, drive, and collaboration
Keep a pulse on the job market with advanced job matching technology.
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data Sets
What is the career path for a Director of Fund Administration?
Sign up to receive alerts about other jobs on the Director of Fund Administration career path by checking the boxes next to the positions that interest you.
