Fund Administrator – Fund Operations

Job Description

Hedge Fund Accountant I | Stone Coast Fund Services

The Tone:
This is a full-time, hybrid role at Stone Coast Fund Services, primarily based out of their Portland, ME office with a minimum of two in-office days per week. Stone Coast is a well-established organization with over 200 professionals, founded in Portland, Maine, and is dedicated to providing institutional-grade administration for U.S. and offshore private funds, excelling in this specialized area. This Hedge Fund Accountant I role is crucial for maintaining precise fund operations, ensuring accurate financial reporting for investors, and consistently delivering outstanding client service. The company is committed to investing in its team, fostering a vibrant culture, and supporting career growth for motivated, intellectually curious individuals who are thoughtful, ethical, and easy to work with.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid Portland, ME
• Pay: $54000–$56000 yearly
• Mission: Maintain precise fund operations, reconcile financial transactions, and deliver outstanding client service to foster trust and transparency.

What You’ll Actually Do
• Maintain fund operations: Ensure precision in all financial activities.
• Calculate net asset values: Determine accurate valuations for private funds.
• Reconcile financial transactions: Verify financial records and resolve discrepancies.
• Prepare investor reports: Compile and present financial data for clients.
• Deliver client service: Collaborate with colleagues and external partners to address concerns and build trust.

The Must-Haves
• Background: A four-year college degree is required, preparing you for an entry-level accounting role within fund services.
• Experience: No prior professional experience in accounting or finance is required. Stone Coast Fund Services provides comprehensive support with a dedicated training team during the initial three to six months to prepare you for the role, allowing you to develop essential accounting skills through hands-on experience and ongoing training.
• Skills:
• Professional communication, both verbal and written, for clear interaction with colleagues and clients.
• High-level client service orientation, focusing on addressing concerns and fostering trust.
• Aptitude for quick learning, particularly with new systems and technology.
• Adaptability to thrive in evolving, fast-paced environments.
• Strong detail-orientation, organizational skills, and conscientiousness in all tasks.
• Team-oriented approach, enjoying the process of building positive relationships with internal and external partners.