[Remote] Associate Director – Fund Accounting – Close ended

Note: The job is a remote job and is open to candidates in USA. The Catalyst Group is a privately owned investment operations and fund administration firm founded in the Cayman Islands. They are seeking an Associate Director for Fund Accounting to manage the close ended NAV function, oversee fund operations, and ensure accurate delivery of Net Asset Values while leading a team and collaborating with clients.

Responsibilities

• Direct management of the close ended team — performance framework adherence, capacity planning, team satisfaction monitoring, coaching, training programmes, and succession planning. This role sets the tone for how the function operates day to day and long term
• Staff budget ownership in partnership with the COO — Fund Administration. Product profitability reporting with Finance and Client Relationship teams. Client fee reviews, invoice approval, and scope change documentation in accordance with Administration Services Agreements
• Oversight of NAV issuance for assigned close ended funds. Expense management, management fee and carried interest calculations, investor allocations, pricing and valuation processes, and comprehensive reconciliation of trades, positions, P&L, and cash
• Close Ended fund structure setup, SLA establishment, and fund-specific procedure implementation. Cross-departmental collaboration for smooth onboarding. System integration oversight. Primary escalation point for client NAV and service queries
• Primary liaison for client communications on assigned funds. Lead coordination of the annual audit process, including preparation of year-end financial statements and timely response to audit queries
• Continuous assessment and refinement of operational processes. Identification of automation and data integration opportunities. Product reviews and enhancements. Alignment of process improvements with the firm’s strategic objectives in partnership with senior leadership
• Operational risk identification and mitigation across NAV production, reconciliation, and pricing. SOC controls adherence. Regulatory compliance including AML and data privacy. Policy development and compliance culture leadership in partnership with the Group’s Head of Compliance and Governance

Skills

• 7+ years of experience in close ended fund administration or a similar financial services role
• Strong focus on NAV calculations, investor allocations, financial reporting, and audit coordination
• Bachelor's degree in Finance, Accounting, Business Administration, or a related field
• Professional certification (CFA, CAIA, CPA, or equivalent) is a strong advantage
• Proven leadership, mentoring, and team-building capability — including across diverse, cross-functional teams
• Excellent written and verbal communication skills for senior client, auditor, and internal stakeholder engagement
• Strong analytical and problem-solving ability with a track record of identifying process inefficiencies and delivering improvements
• Expertise in fund systems: Investran, Bloomberg, eFront, Geneva, Dynamo or equivalent close ended fund administration platforms
• Advanced Excel skills — complex financial models, automated templates, pivot tables, XLOOKUP, macros
• Strong understanding of closed-ended and open-ended fund structures, capital calls, distributions, IRR, and MOIC
• Proficiency in Microsoft Office Suite; SQL or other data analysis tools are advantageous
• Solid grounding in US GAAP, IFRS, and regulatory requirements applicable to close ended funds
• Working knowledge of AI tools such as Claude an advantage

Company Overview