Candidate
Employer
Fund Administrator – Fund Operations
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Job Description
Hedge Fund Accountant I | Stone Coast Fund Services
The Tone:
This is a full-time role at Stone Coast Fund Services, located in Portland, Maine, offering hybrid flexibility with a minimum of two in-office days per week. Stone Coast is a 200+ person organization focused on delivering institutional-grade administration for U.S. and offshore private funds. This role is crucial for maintaining precise fund operations, ensuring accurate financial reporting, and fostering trust with clients through exceptional service and transparency. The company invests in its team, providing dedicated training and supporting career growth.
The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid Portland, ME
• Pay: $54000–$56000 yearly
• Mission: This person maintains precise fund operations by calculating net asset values, reconciling financial transactions, and preparing reports for investors.
What You’ll Actually Do
• Operations: Maintain precise fund operations by ensuring all financial activities are accurately recorded and processed.
• Valuation: Calculate net asset values to provide accurate performance metrics for funds.
• Reconciliation: Reconcile financial transactions to ensure data integrity and resolve discrepancies.
• Reporting: Prepare comprehensive reports for investors, communicating financial performance clearly.
• Client Service: Work closely with colleagues and external partners to address client concerns and deliver outstanding service.
The Must-Haves
• Background: A four-year college degree is required. This is an early career position, suitable for recent graduates or individuals looking to develop skills in fund accounting through a structured training program.
• Experience: No specific prior experience is required, as comprehensive training will be provided during the initial three to six months.
• Skills: Professional verbal and written communication, a strong focus on client service, quick learning ability with new systems and technology, adaptability in evolving environments, detail-oriented organization, and a team-oriented approach to building positive relationships.
