Job Title: Senior Fund
Accountant
Business Unit: Fund Accounting – BNP
Paribas Fund Administration Services Limited
Contract Type: Fixed-term (12
months)
Location: Sandyford, Dublin
About BNP Paribas
At BNP Paribas,
we center our values on what drives the company forward. Our driving forces are
Agility, Client Satisfaction, Compliance Culture and Openness.
- we want to behave more simply to embrace useful
innovation and digital transformation.
Our strengths
are based off four key areas of Stability, Expertise, Responsibility and Good
Place to Work.
- we build upon our solid, long-term oriented
management, our diversified and integrated business model and our international
footprint. - : We build upon our recognized and expanding knowledge
of our teams. - : We build upon our culture of responsibility and
integrity to ever better serve the interest of our customers. - : We foster a stimulating workplace where people are
treated fairly and with respect.
Role:
The Senior Fund Accountant (SFA) role is responsible
for the validation and release of hedge fund Net Asset Valuations. The SFA
checks the work of Fund Accountants and provides final release to the market or
investment manager. The SFA is responsible for ensuring that all checks and
controls have been performed on a valuation. The SFA is often the first point
of contact for clients regarding valuations.
Key Responsibilities:
·
Review of fund NAVs on a daily, weekly and monthly
basis, tasks include:
·
Review of fund transactions, eg. Security trading,
investor activity, etc.
·
Ensuring all income accruals and corporate actions are
accounted for and validated
·
Review of all foreign exchange contracts
·
Review of price movements, including stale / static
pricing
·
Adherence to client agreed NAV
delivery deadlines
·
Approval and sending of fund invoices / cash instructions
·
NAV impact analysis
and justification
·
Monitoring all cash and security reconciliation items
on a daily basis.
·
Ensuring all agreed reporting is completed & sent
to the client.
·
Attendance and participation in team / departmental
meetings.
·
Assist with the completion of month end processes for
delivery to clients.
·
Ensure that client Service Level Agreements are
applied across all funds with deliverables met on a timely basis.
·
Ensure any information required by the Auditors or
Trustees is available within the timeframe agreed with your Team Leader.
·
Assist and train other team members with queries /
questions as they arise. Inform the Team Leader where necessary of any issues.
·
Thorough knowledge of hedge fund security types,
including CFD, CDS, IRS, MBS/ABS, Swaptions, Fixed Income, Exchange Traded
Instruments, Forwards etc., and their accounting treatment.
·
FA resource for the on boarding of new business, ensuing that FA systems
and accounting requirements are in place.
·
Understanding of fund operating documents, prospectus,
pricing policy, agreements.
Qualifications & Experience required for this role:
Experience:
·
A minimum of 2-3 years Fund Accounting experience
incorporating the above key responsibilities.
·
A minimum of 1 year NAV review experience
·
Good working knowledge of relevant legislation and
regulatory requirements.
·
A thorough knowledge of Hedge Fund accounting,
including interaction with Prime Brokers and Middle Office.
·
A thorough knowledge of performance fee methodologies
(Equalisation, Series, etc),
·
Knowledge of the completion of month end processes for
delivery to clients.
·
Thorough knowledge of share class hedging.
·
Knowledge of data vendors such as Bloomberg, IDC, etc.
·
Knowledge of accounting systems Multifonds an
advantage.
·
An awareness of the needs of clients and an ability to
deliver an excellent client service.
·
Multi-manager, Multi-currency, Pooling, Fund of Hedge
Fund and Structured product experience desirable.
Qualifications
& Skills:
·
A third level qualification or equivalent preferably in
a business or accounting related discipline preferred.
·
Good time management and interpersonal skills.
·
Self-motivated.
·
Highly computer literate.
·
Strong numerical / analytical skills.
·
Strong communication skills.
·
Strong Microsoft excel skills.
Why Work with Us?
- In Ireland we have approximately 500 employees
across Dublin and Galway working in Corporate Institutional Banking (CIB) and
BNP Paribas Security Services (BP2S) and Greenval.
Compliance
Culture: We believe in promoting clear rules
to foster a strong culture of compliance and ethics. We would expect any
incoming member of staff to respect all financial security related legislation,
including: anti-money
laundering (AML); countering the financing of terrorism (CFT); international
financial sanctions and embargoes (IFS); anti-bribery and corruption (ABC);
KYC; ongoing client related data screening; and transaction monitoring.
BNP Paribas have clear policies on these topics which all staff are expected to
familiarise themselves with upon successful entry to the Group.
Equality
and Diversity
BNP
Paribas is an equal opportunities employer and proudly cultivates a diverse
workforce. We believe that diversity of experience enhances our service
offering to clients and leads to a better working environment. We encourage
applications from the best candidates regardless of age, ethnicity, gender,
gender identity, nationality, disability, sexual orientation, socio-economic
background, parental and caring status, or religious belief.
By
submitting your application, you agree to BNP Paribas completing a background
check and screening in advance of any potential offer being made