About the job
StepStone is a premier global private markets specialist, dedicated to providing customized investment solutions, expert advisory services, and impactful data-driven insights to investors worldwide. By harnessing the power of our extensive platform and unparalleled intelligence across various sectors, strategies, and geographies, we empower our clients with the insights they need to thrive in today's complex market environment.
Position Overview
The Senior Associate in Fund Accounting at StepStone, based in Dublin, is tasked with executing shadow accounting for StepStone funds. This role involves overseeing daily fund activities and ensuring seamless coordination and reconciliation with fund administrators. The Senior Associate will liaise with professionals company-wide and collaborate closely with teams across other StepStone offices.
Key Responsibilities:
- Conduct and maintain monthly valuations for private debt funds and fund of funds (shadow accounting).
- Review the calculation of management and performance fees, implementing complex fee models as necessary.
- Manage the reporting and oversight of private debt and fund holdings.
- Monitor foreign currency exposure and oversee FX hedging strategies.
- Take responsibility for budgeting and tracking the fund’s fees and expenses.
- Supervise team operations in processing subscriptions/redemptions, capital calls, withdrawals, dividends, etc.
- Ensure accurate reconciliations between the Investment Advisor, Investment Manager, and Fund Administrator, while maintaining the proprietary database.
- Guarantee the quality and integrity of data through thorough plausibility checks on data inputs.
- Guide and mentor junior staff in their professional development.
- Contribute to the production of client reports for various portfolios, focusing on quality and ensuring proper internal and external coordination regarding report content.
- Perform additional duties as requested, adapting to the evolving needs of the role.
- Continuously seek opportunities to enhance overall operational processes.
Qualifications:
- 7-9 years of relevant experience in a similar role.
- Bachelor’s degree in finance or a related quantitative field.
