Job description
Company Description HC Global Fund Services, LLC is a specialized fund services firm founded in 2008 by six principals with extensive experience as Big 4 auditors, fund administrators, and buy-side finance and operations executives.
The firm provides customized fund administration, tax, treasury, consulting, and related services to fund managers and investment advisors across a wide range of alternative investment structures. HC Global focuses on being a value-added partner, delivering responsive, client-specific solutions rather than a one-size-fits-all approach, regardless of client asset size.
With approximately $55B in assets under administration, more than 1,400 funds, and 25,000+ investors serviced, the firm supports clients globally through 750+ team members across six countries and time zones. HC Global emphasizes institutional-quality standards, industry best practices, and strong client and investor relationships to support the growth of its clients.
Client Service Functions
• Prepares and performs first-level reviews of work completed by Associates to ensure accuracy and completeness.
• Prepares Net Asset Value (NAV) reports and other client deliverables within agreed timelines.
• Communicates with clients via email and calls regarding routine operational matters and outstanding items.
• Assists Associates with technical queries and day-to-day deliverables.
• Prepares and reviews fund accounting workpapers, including:
o Position and cash reconciliations
o Accruals o Dividend and interest calculations
o Investment schedules
• Prepares investor statements, capital call and distribution notices, confirmation letters, and other investor communications, as applicable.
• Processes capital activities including subscriptions, withdrawals, contributions, distributions, and transfers.
• Prepares al
location files, including management fees, administration fees, carried interest, waterfalls, performance fees, and clawback calculations, where applicable.
• Prepares treasury portal entries and supporting documentation.
• Assists in the preparation of financial statements and supporting schedules.
Escalates exceptions and critical issues to the Supervisor or Manager promptly.
• Ensures proper handover notes are provided for items requiring North America coverage.
• Demonstrates ownership of assigned funds and follows company best practices in servicing clients.
• Develops a thorough understanding of client operating agreements, private placement memorandums, engagement letters, and other governing documents.
• Adheres to company policies, procedures, and quality standards.
Administrative Functions
• Ensures timely submission of timesheets.
• Maintains knowledge of industry best practices and client-specific requirements.
• Supports Supervisors in ensuring timely completion of fund deliverables.
• Assists in onboarding new funds and transitioning client engagements.
• Provides guidance and on-the-job training to Associates.
• Participates in knowledge-sharing sessions and process improvement initiatives.
• Assists in documenting standard operating procedures and process updates.
• Participates in mandatory training programs and professional development initiatives.
• Supports management with ad hoc projects and operational requirements.
• Demonstrates flexibility and willingness to perform additional duties assigned by management.
In addition to the above, the Senior Associate may be required to assist with other operational or non-operational activities as determined by immediate supervisors, managers, or directors.
