Fund Accounting Account Manager

Join to apply for the Fund Accounting Account Manager role at Stone Coast Fund Services

We ’ve founded a company that values you: your time, your career, your talents and drive. We seek hard‑working applicants ready to be trained for an exciting role in a fast‑paced financial company. We offer remote work flexibility, competitive pay and benefits, rapid opportunity for promotion, and the chance to give back through fully paid community service days. We invest in our employees and our community, and our accelerated growth, dynamic company culture, and high retention rate speak for themselves.

As always, we will train the right candidate for the role.

This position offers hybrid remote work flexibility within Maine (minimum 2 in‑office days per week). Fully remote work opportunities will be considered for residents of FL, GA, IN, IO, KY, ME, MI, MO, NH, NJ, NC, PA, RI, SC, TX, VA, WI.

As a member of the Fund Accounting team, this position is responsible for the following:

• Record and reconcile all portfolio and fund activity for assigned clients
• Calculate the fund’s NAV adhering to industry standards and internal procedures
• Allocate profit and loss to investors, including the calculation of management and performance fees
• Process and record fund expense payments and ensure cash wire requests are completed accurately and timely
• Generate and deliver fund and investor reports to fund managers and investors of assigned clients
• Prepare and deliver supporting materials as necessary for board meetings, financial statements and audit and regulatory requests related to assigned clients
• Communicate with internal and external entities to ensure best‑in‑class service levels; build relationships of cooperation
• Review fund’s net asset value (NAV), investor statements and other work prepared by accountants for completeness and accuracy measuring against industry standards and internal procedures
• Mentor, train, and support fund accountants
• Assure fund accounting tasks are completed accurately and timely

The ideal candidate has the following:

• Three or more years of experience in fund accounting for hedge funds and comfort acting as a primary liaison with fund managers and other fund service providers
• Familiarity with the types of investments held by hedge funds (a plus)
• Experience working with portfolio and investor accounting systems, in particular Advent Geneva World Investor (a plus)
• Experience in an environment with internal control procedures, operating procedures, workflows, control checklists, and other elements of an internal control system (a plus)
• Experience with financial reporting, information security and client, vendor, and risk management (a plus)
• Ability to learn complicated concepts quickly
• Proficiency with Microsoft Office is essential; advanced Excel (formulas, pivot tables, and filtering) are required

Four‑year college degree preferably in Accounting, Finance, Business Management or Economics.

• Please include an updated copy of your resume with your application. Cover letters are read and considered, although they are not required.

Stone Coast Fund Services is an award‑winning, steadily growing hedge fund administrator with a sole office in Portland, Maine. We deliver administration services to over 100 hedge fund managers across the country with investors worldwide. We hire carefully, treat people well, and are rewarded by low turnover in an industry where high turnover is the norm.

Our mission is to “take pleasure in work done well, and in working well with others.” We strive to develop and nurture relationships that are characterized by trust, respect, and affection.

At Stone Coast, we strive to reflect the community we are grateful to be part of and are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and colleagues without regard to race, religion, ethnicity, national origin, sex or orientation, gender or identity, disability, age, veteran status, and any other basis or status designated under applicable laws.

Mid‑Senior level

Full‑time

Accounting/Auditing and Finance