HC Global Fund Services, LLC
Website:
hcglobalfs.com
Job details:
Company Description HC Global Fund Services, LLC, founded in 2008, is led by six principals who bring over 20 years of combined experience as Big 4 auditors, fund administrators, and buy-side finance and operations executives. The Firm provides institutional-quality, customized fund administration, tax, consulting, treasury, middle office, investor relations, and management company services to a wide range of alternative investment vehicles. HC Global focuses on being a value-added partner, delivering highly responsive, tailored solutions based on each client’s specific needs rather than asset size. The Firm supports hedge funds, venture capital, private equity, real estate, lending funds, digital asset funds, SPVs, family offices, and more, across 5 countries and 12 cities. With over 700 employees globally servicing 1,200+ funds and 10,000+ investors, HC Global emphasizes industry best practices and excellence in client relations.
As a Senior Associate, your primary responsibility will be to prepare and perform first-level reviews of fund administration deliverables to ensure accuracy, compliance, and timely completion. The role involves managing medium to high-complexity funds, supporting client deliverables, and mentoring Associates while working closely with Supervisors and Managers. This position is primarily client service-oriented, requiring strong technical knowledge, attention to detail, and the ability to manage multiple deadlines. The Senior Associate will be responsible for duties normally associated with the position, including but not limited to the following:
Client Service Functions
• Prepares and performs first-level reviews of work completed by Associates to ensure accuracy and completeness.
• Prepares Net Asset Value (NAV) reports and other client deliverables within agreed timelines.
• Communicates with clients via email and calls regarding routine operational matters and outstanding items.
• Assists Associates with technical queries and day-to-day deliverables.
• Prepares and reviews fund accounting workpapers, including o Position and cash reconciliations o Accruals o Dividend and interest calculations o Investment schedules
• Prepares investor statements, capital call and distribution notices, confirmation letters, and other investor communications, as applicable.
• Processes capital activities including subscriptions, withdrawals, contributions, distributions, and transfers. • Prepares allocation files, including management fees, administration fees, carried interest, waterfalls, performance fees, and clawback calculations, where applicable.
• Prepares treasury portal entries and supporting documentation.
• Assists in the preparation of financial statements and supporting schedules.
Escalates exceptions and critical issues to the Supervisor or Manager promptly.
• Ensures proper handover notes are provided for items requiring North America coverage.
• Demonstrates ownership of assigned funds and follows company best practices in servicing clients.
• Develops a thorough understanding of client operating agreements, private placement memorandums, engagement letters, and other governing documents.
• Adheres to company policies, procedures, and quality standards.
Administrative Functions
• Ensures timely submission of timesheets.
• Maintains knowledge of industry best practices and client-specific requirements.
• Supports Supervisors in ensuring timely completion of fund deliverables.
• Assists in onboarding new funds and transitioning client engagements. • Provides guidance and on-the-job training to Associates.
• Participates in knowledge-sharing sessions and process improvement initiatives.
• Assists in documenting standard operating procedures and process updates.
• Participates in mandatory training programs and professional development initiatives.
• Supports management with ad hoc projects and operational requirements.
• Demonstrates flexibility and willingness to perform additional duties assigned by management.
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