Remote/Hybrid Work Flexibility
This position offers hybrid remote work flexibility within Maine (minimum 2 in-office days per week). Fully remote work opportunities will be considered for residents of one of the following states: NJ, IN, NC, SC, IA, GA, and FL.
The Position
The Group Manager of Fund Accounting will have overall responsibility for the morale, cohesion, productivity, processes, and work product of the group. Accordingly, the group manager has full responsibility for the following:
- Manage, develop, and motivate staff in the group
- Foster harmonious relationships within the group, with colleagues outside the group and throughout the company, and with clients
- Design procedures and processes and ensure that they are performed within the group, and are performed in accordance with department and firm-wide standards and protocols
- Oversee the timeliness and quality of services delivered by the group to meet the goal of internal and external client satisfaction
- Act as an effective conduit for communication and point of escalation within the group, and between the group and others—both internally and externally
Qualifications and Experience
The ideal candidate has the following:
- Have three or more years of experience in fund accounting for hedge funds
- Be comfortable and proficient acting as a primary liaison with fund managers and other fund service providers.
- Must have familiarity with the types of software tools used by investment operations companies, including fund accounting and investor accounting systems and reporting from those systems.
- Must have experience with financial reporting, information security and client, vendor, and risk management. Candidates will have maturity and judgment.
- Have knowledge of securities and stock markets
- Experience in investment operations
- Detail-oriented and organized
- Possess excellent interpersonal skills and strong writing skills.
- Must have experience developing and maintaining positive relationships with coworkers, clients and business partners.
- Hedge funds can hold complex instruments, so the ability to quickly learn and understand complicated concepts is a necessity. Must have the ability and motivation to self-train in order to stay current with the regulatory environment Stone Coast is subject.
- Proficiency with Microsoft Office applications is essential. In depth experience with Advent Geneva and Advent Partner is required.
Education Requirements
Application Requirements
- Please be sure to include an updated resume with your application. Cover letters are read and considered, although they are not required.
Benefits
- Health insurance
- Dental insurance
- Paid time off
- 401(k) matching
- Work from home
- Life insurance
- Disability insurance
- Flexible spending account
- Employee assistance program
- Health savings account
- Parental leave
- Commuter benefits
Interested?
We seek high aptitude, intellectually curious candidates that enjoy working as part of a team, satisfying our clients and striving for the highest standards. The quality of our services derives solely from the quality of our people. Therefore, we seek smart, hard-working, ethical and friendly professionals – from recent college graduates to fund administration veterans.
Inclusivity & Equal Opportunity Statement
At Stone Coast, we strive to reflect the community of which we are so grateful to be a part, and are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and colleagues without regard to race, religion, ethnicity, national origin, sex or orientation, gender or identity, disability, age, veteran status, and any other basis or status designated under applicable laws.
If you don’t see an opening for which you are qualified, but do have relevant industry experience, please feel encouraged to apply to our General Application at the Career Center at www.stone-coast.com . Our growth compels us to continuously search for talent, and we may be contemplating a position that fits your experience.
The Company
Stone Coast Fund Services is an award-winning, steadily growing hedge fund administrator that’s found a better way in a better place. With a sole office in Portland, Maine, Stone Coast comprises over 200 hard-working and smart professionals who deliver administration services to over 100 hedge fund managers around the country with investors around the world. We hire carefully, treat people well, and are rewarded by exceedingly low turnover in an industry where high turnover is the norm.
The Mission
Our mission, to “take pleasure in work done well, and in working well with others,” is an obligation to our clients, to their investors, to our communities and ultimately to our peers and ourselves. Fund administration, done well, requires carefully selecting smart, dedicated professionals and providing them with the resources, training and workplace culture that will engender their loyalty and bring out their best. To that end, we strive to develop and nurture relationships that are characterized by trust, respect and affection. We look for colleagues – and clients – who will share and reciprocate these values.
The Location
Our location is central to our mission. Stone Coast is in the heart of Portland’s Old Port waterfront, a picture-perfect tourist destination that we’re fortunate to call home. Our offices offer beautiful views of Portland Harbor and the islands of Casco Bay. From our front door, we can walk to award-winning restaurants, cafes, museums and shops. Living in Portland and surrounding areas offers excellent schools, minimal commutes and proximity to beaches, mountains and state parks.