Private Equity Manager

About Hedge Serv

At Hedge Serv, we’re redefining what’s possible in fund administration. With more than $700billion in assets under administration, we partner with forward‑thinking investment managers across private equity, private credit, endowments, hedge funds, and more to deliver seamless, tech‑enabled solutions that drive performance.

A Private Equity Manager will be required to manage the closed‑end fund accounting process within Hedge Serv’s guidelines and under the supervision of a Private Equity Director and Managing Director. The role involves the timely and accurate delivery of NAV calculations, development of client relationships, and detailed understanding of service requirements for closed‑end fund administration.

• Day‑to‑day management of the Private Equity team.
• Capital call and distribution processing.
• Preparation of net asset value calculations and financial statements.
• Fee calculations and profit and loss allocations.
• Waterfall creation and maintenance.
• Performance reporting including IRRs.
• Ad‑hoc client and investor reporting.
• Managing client relationships with clients and Private Equity Directors.
• Ensuring the accounting team operates within a clearly defined control environment.
• Manage and develop client teams of up to 10 employees.
• Resolve fund accounting enquiries escalated by Supervisor or Administrator.
• Develop and improve workflows and procedures.
• Manage the audit process ensuring timely and successful completion of fund audits.
• Manage and complete client onboarding and transitions.
• Fund accounting recruitment, training and performance evaluations.
• Establish and maintain effective working relationships with stakeholder groups.

• Minimum 5 years of experience in a hedge fund administration firm, with at least 3 years at Supervisor level.
• Accounting, economics, finance, mathematics or business degree.
• Intention to pursue a professional accounting qualification (ACCA, CIMA, CPA, ACA) is advantageous.
• Strong verbal and written communication skills.
• People management experience with ability to coach and develop a team.
• Strong analytical and problem‑solving skills.
• Flexibility to work effectively within a team or independently.
• Strong interpersonal skills and ability to influence at all levels.
• Systems, product and process knowledge – Investran experience ideal.

This role is hybrid, located either in Dallas, TX or Raleigh, NC. Visa sponsorship is not offered at this time.