Principal, Fund Accounting (Open Ended Funds)

Overview

Principal, Fund Accounting (Open Ended Funds) at Hamilton Lane. This is a senior leadership role responsible for the oversight of the departmental operations of the fund accounting and fund operations, including team management and oversight of firm initiatives as it relates to accounting and reporting matters. In this role, you will specialize in open-ended fund products, domiciled globally and within the US, investing in private markets. You will be a key resource for internal and external stakeholders on shareholder dealing, regulatory filing, and complex accounting matters related to open-ended funds.

Responsibilities

• Oversee annual audits and other teamwide reporting or compliance matters
• Manage 40 Act filings with the SEC and regulatory filings in jurisdictions such as Luxembourg with the CSSF
• Streamline reporting across open ended and closed ended funds to gain efficiencies across the entire HL fund population
• Perform meaningful analytic review of key metrics related to reporting
• Lead or participate in complex structuring, reporting or jurisdiction discussions as it impacts fund operations, including feeders and share class in multiple currencies
• Review and final approval of annual and quarterly financial statements, tables, and footnotes
• Implement and oversee accounting processes and system of internal controls completed by internal staff and outside resources
• Ensure continuous improvement of processes surrounding the financial reporting process
• Oversee the review and approval processes for management fee and partnership expenses calculations and invoices
• Manage third party administrators and vendor relationships pertaining to fund vehicles
• Final review and approval of accounting positions in memos
• Review valuations of investments and present conclusions to valuation committees
• Develop and monitor annual department budget and forecasts
• Present functional capabilities to clients and prospects, contribute to operational best practices and quality reporting of net asset value balances
• Manage, coach, and develop reporting staff

Your Background Will Include

• Undergraduate degree in a related field with graduate degree strongly preferred
• CPA/CA strongly preferred, or equivalent professional certification (e.g., CFA)
• 12+ years of experience in fund accounting, with specific experience in open-ended funds and private markets
• Previous leadership of a fund accounting team
• A comprehensive understanding of carried interest terms and calculations
• Accomplished at financial statement preparation and presentation
• Excellent communication and presentation skills and interdepartmental relationship-building skills
• Proficient in Microsoft applications (Word, Excel, PowerPoint)
• Detail oriented and organized with excellent analytical skills

Benefits

Hamilton Lane offers a competitive suite of benefits to support employees in work, life, and retirement goals.

• Health care coverage, mental health resources, wellness programs, and related resources
• Tuition and certification reimbursement programs and ongoing education and development opportunities
• Paid time off for volunteering and programs to support families, including adoption reimbursement and leave for new parents
• Retirement programs and employee stock purchase plan
• Equal Opportunity Employer statement: All qualified applicants will be considered without regard to race, religion, ancestry, national origin, sex, sexual orientation, age, disability, marital status, domestic partner status, or medical condition
• As a registered investment adviser, some restrictions may apply to political contributions and personal investment activities

Additional Information

Hamilton Lane is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at Hamilton Lane via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of Hamilton Lane. No fee shall be paid in the event the candidate is hired by Hamilton Lane as a result of the referral or through other means.