Private Equity Associate

At HedgeServ, we’re redefining what’s possible in fund administration. With more than $700 billion in assets under administration, we partner with the world’s most forward-thinking investment managers – across private equity, private credit, endowments, hedge funds and more – to deliver seamless, tech-enabled solutions that drive performance. Our proprietary platform, enhanced by machine learning and robotic process automation, gives clients real-time insights and unmatched control over their operations. Alongside our technology, we offer award-winning service through our team-based approach -- led by a deeply experienced team of industry experts. Our solutions span the full investment lifecycle, including fund accounting, middle office, risk, compliance, tax, and investor services. We’re a future-focused company, empowering our people through a robust career development framework, clear career trajectories with structured learning paths, training, and progression plans. We invest in leadership development and in our collaborative culture, creating space for talent to grow. Our corporate values – Relationships, Support, Innovation, and Expertise – create a sense of shared purpose and belonging, and we recognize our employees sit at the core of our success. We continue to innovate and evolve through our employees, working together to achieve our shared vision and mission. HedgeServ supports employees through a variety of offerings, including remote and hybrid working arrangements, and fully paid comprehensive health and well-being benefits. We’ve been recognized as an employer of choice, earning a top 100 workplaces designation. Founded in 2008, HedgeServ has grown into a global organization with over 2,000 experts across the globe, with offices in the United States, Grand Cayman, Ireland, Poland, Bulgaria, Luxembourg, the Philippines, and Australia. We’ve earned numerous accolades, including Top Overall Administrator, along with #1 rankings for providing alternative asset services in Accounting, Technology, Client Service, Investor Services, Alternative Fund Expertise, Reporting, and Regulatory Expertise. Private Equity The Private Equity Team is based across a number of countries including Ireland, Luxembourg, Poland, the Philippines and the United States. Your role will involve regular communication with our global offices whilst also partnering with colleagues and senior members of the team on a daily basis. This allows you to gain a wide range of experience and foster strong working relationships. We have an open and collaborative approach and look for everyone’s input when solving problems, this framework encourages professional development by empowering you to learn continuously and focus on more complex work as your experience progresses. Working in the PE department gives you exposure to new developments and forward-thinking approaches within our industry. What you can expect? At HedgeServ, graduates are in the unique position of gaining exposure to the full fund valuation process, up to and including financial statements. We adopt a blended approach to our graduate development programme mixing on-the-job training with our award-winning bespoke technology systems, as well as classroom based and e-learning support from our dedicated training department. HedgeServ encourages and supports graduates to pursue a professional qualification through our tuition support programme in order to enhance your professional development. As such, we are an accredited employer with ACCA, ACA, CIMA and CPA as well as supporting other post graduate studies relevant to your future career. We offer a market leading salary and benefits package with regular salary reviews during your graduate development programme. We offer a tailored health and well- being programme; have a very active Sport and Social Club and we are committed to supporting local charities. Key Accountabilities of the Role Assist in the production of monthly and quarterly NAV, ensuring completion of specified tasks per NAV PE checklists Calculate and process capital calls, capital distributions and statements for closed-end funds Prepare investor P&L allocations and fee calculations as part of monthly and quarterly NAV packages Prepare waterfall calculations Prepare IRR calculations as required, including Investor IRR and Portfolio IRR Perform cash, position and market value reconciliations. Escalate fund accounting issues and aged items to the PE Supervisor Ensure all positions are priced correctly Calculate and process income and expense accruals including trading accruals Comply with HedgeServ’s defined checklists, procedures and controls Assist in the audit process if required Converse and liaise with internal service departments to resolve miscellaneous fund issues. Ensure pre-agreed internal and external deadlines are met consistently HedgeServ operates a client focused structure which provides a wide-range of experience to all levels of employee Pre-requisite knowledge, skills and experience Minimum 2.2 Accounting, Finance, Legal or Business Degree IT Literate with an emphasis on Excel Ability to be flexible, self-motivated and work under pressure to tight deadlines Strong analytical and problem-solving skills Ability to work effectively both within a team structure and independently We’re proud to offer a benefits package and workplace culture designed to support your health, career ambitions and life beyond work. 🏥 Full private medical insurance so that you can take care of you & your family’s health & wellbeing 🛡️ Permanent health insurance/income protection as well as Life insurance , so that you can feel secure in any situation Employee Assistance Programme available to you and your immediate family for support on a variety of matters Defined contribution pension scheme with competitive employer contributions so you can look after your future Competitive annual holiday entitlement so that you can slow down and take some time to rest 🎓 Annual professional membership fee reimbursement, e.g. ACCA, CIMA 🎁 Club/gym subsidy so that you can take care of your body Discretionary annual bonus scheme 💬 Referral Program – do you know someone who would like to join us? Referral bonuses are awaiting you! 🏠 Remote/hybrid working opportunities , or from the office 🧠 Tuition support for professional qualification exams that are relevant to your role including paid study and exam leave 🎉 Sports and Social Club – many team outings, company parties, sports activites and charity projects 💻 Support for workplace equipment and programs promoting mental health and wellbeing – because your comfort and health matter to us