Associate Director - Fund Accounting - Close ended

CAREER OPPORTUNITY:
Associate Director
- Fund Accounting
- Close ended

The Catalyst Group

ABOUT THE CATALYST GROUP

A different kind of financial services firm

Founded in the Cayman Islands in 2020, Catalyst is a privately owned, fully independent investment operations and fund administration group - built from the ground up to do things differently.

Catalyst was founded with a clear mission: to reimagine financial services by sparking innovation, harnessing technology, and investing in our people and communities. With offices and teams across five countries, we service a global portfolio of clients spanning a wide range of strategies, structures, and requirements.

Our award-winning team operates on a technology platform unlike anything else in the industry. Every team member is guided by our seven core values:
Collaboration, Innovation, Reliability & Accountability, Connected Culture, Undivided Attention, Integrity, and Transparency.

We do things differently. We do things better.

- THE CATALYST GROUP

01

THE ROLE

Own the close ended practice

A senior leadership position with full accountability for people, operations, client relationships, and strategic direction across the Close Ended NAV function.

ROLE OVERVIEW

Associate Director Fund Accounting, Close ended

Based in United States, reporting to the Chief Operating Officer - Fund Administration. This role carries full responsibility for key aspects of fund operations across a portfolio of close ended funds, with meaningful people management scope and the authority to shape how the Close Ended function operates and evolves.

The Associate Director plays a critical role in the fund administration process, ensuring the timely and accurate calculation and delivery of Net Asset Values (NAVs) for assigned funds. This position involves close collaboration with internal teams to support all aspects of the NAV delivery process, and support client service delivery and implementation initiatives.

CORE RESPONSIBILITIES

Seven pillars of the role

1

People Management

Direct management of the close ended team - performance framework adherence, capacity planning, team satisfaction monitoring, coaching, training programmes, and succession planning. This role sets the tone for how the function operates day to day and long term.

2

Financial Oversight

Staff budget ownership in partnership with the COO - Fund Administration. Product profitability reporting with Finance and Client Relationship teams. Client fee reviews, invoice approval, and scope change documentation in accordance with Administration Services Agreements.

3

NAV & Valuations

Oversight of NAV issuance for assigned close ended funds. Expense management, management fee and carried interest calculations, investor allocations, pricing and valuation processes, and comprehensive reconciliation of trades, positions, P&L, and cash.

4

Client Onboarding & Service Management

Close Ended fund structure setup, SLA establishment, and fund-specific procedure implementation. Cross-departmental collaboration for smooth onboarding. System integration oversight. Primary escalation point for client NAV and service queries.

5

Client Communications & Audit Management

Primary liaison for client communications on assigned funds. Lead coordination of the annual audit process, including preparation of year-end financial statements and timely response to audit queries.

6

Strategic Oversight & Process Improvement

Continuous assessment and refinement of operational processes. Identification of automation and data integration opportunities. Product reviews and enhancements. Alignment of process improvements with the firm's strategic objectives in partnership with senior leadership.

7

Risk & Compliance

Operational risk identification and mitigation across NAV production, reconciliation, and pricing. SOC controls adherence. Regulatory compliance including AML and data privacy. Policy development and compliance culture leadership in partnership with the Group's Head of Compliance and Governance.

ADDITIONAL STRATEGIC EXPECTATIONS

Beyond the day-to-day

• Share insights to enable development of new processes and procedures that create business efficiency and support client…