Essential Functions:

• Review and understand the fund’s offering memorandum and verify that offering memorandum agrees to fund set up and ensure ongoing operations adhere to offering memorandum details
• Liaise with investment managers, prime brokers and custodians in relation to trading activity as required for transaction processing and NAV preparation
• Calculate the NAV for a portfolio of complex investment funds on either a weekly, bi-weekly, monthly, and/or quarterly basis as specified by the client and as outlined in the administration agreement, which includes, among other things:
• Track all cash items whether portfolio related, capital transactions or from non-portfolio and other income and expense items
• Perform three-way reconciliation of cash and assets/liabilities to the investment managers and custodians (frequency depending on trading activity of the fund
• Obtain independent third-party pricing support where needed (i.e. from Bloomberg)
• Review and validate the partner/shareholder allocation calculations, including management and incentive fee calculations and the allocation of feeder specific income and expenses
• Calculate and send out Estimated and Final NAV as required
• Client Relationship Management
• Liaise with clients, investors, investment managers and other stakeholders as needed

• Participate in special projects
• Assist with System Development
• Reporting
• Prepare monthly, quarterly and annual financial reports

• Liaise with the fund’s auditors at year end and interim periods to ensure sufficient information is provided to facilitate the timely completion of controls testing and substantive work to the auditors’ satisfaction
• Complete audit confirmation requests
• Capital Events

• Prepare allocations for fund investors
• Prepare letters to be sent to the fund investors

• Assist in the preparation and review of fund audited financial statements
• Understand fund agreements to determine impact on financial reporting

• Monitor and ensure that the AML checks are being carried out in accordance with the procedures and legislation in force. This includes compliance with Performance of general administration relating to private equity funds
• Respond to Investor due diligence requests

• Calculate recurring fees as set out in various agreements (i.e. management & administration fee agreements)
• Process fees and expenses on behalf of the clients as directed by Administration Agreement and wire funds to third party service providers such as lawyers and auditors

• Conduct quality assurance testing following defined practices and procedures
• Conduct testing according to standards agreed upon by Harmonic and IT
• Make recommendations for updates