Manager Accounting
Resume:
BRUCE HAMILTON, CPA
Middletown, New Jersey 07748
Home 732-***-****
Cell 732-***-****
Email: **************@*****.***
PROFESSIONAL EXPERIENCE
IFS a State Street Company 02/2013--Present
AVP, NAV Manager
NAV Manager of fund administration, providing delivery of fund accounting services. This includes the preparation or review of monthly economic allocations, cash and position reconciliations, accrued expenses, incentive calculations, and net asset value calculations to hedge fund clients ranging from $50 million to $880 million.
Product exposure in relation to the funds serviced are comprised of equity, options, bank debt, swaps, MBS, ABS, futures, forwards, private equities.
Perform or review the monthly valuations for hedge funds that invested in multi-strategies comprising master/feeder, onshore and offshore hedge funds which consist of multi-classes with different fee structures, lockup periods.
Perform the quarterly valuation for a liquidating hedge fund comprised of all side pocket investments that invested in multi-strategies and consist of multiple classes with different fee structures.
Integral part of the system conversion of funds from the Geneva system to the IFS proprietary system. Ensured data was accurate and timely. Provided demos to the client in order for them to get comfortable.
Made sure that all external/internal audit requests were followed up and provided in a timely fashion in order to facilitate the interim as well as year-end audits, including providing combined reports from both systems.
Work closely with my clients each month to discuss issues, provide resolutions and plan accordingly.
Participated in several projects such as AML, system integration testing and Investor Transparency reporting committee
HSBC Alternative Fund Services 09/2004-06/2012
AVP, Senior Fund Administration Supervisor – Accounting & Valuation
Senior Supervisor of fund administration team, consisting of eight staff and two supervisors that provided delivery of fund accounting services. This included review of year-end financial statements, economic allocations, cash and position reconciliations, and net asset value calculations to twelve alternative fund clients ranging from $100 million to $1.6 billion.
Product exposure in relation to the funds serviced are comprised of equity, options, bank debt, swaps, MBS, ABS, futures, forwards, private equities and fund of hedge funds.
Performed second review of monthly valuations for hedge funds that invested in multi-strategies comprising master/feeder, standalone onshore and offshore hedge funds which consist of multi-classes with different fee structures, lockup periods and can include side pocket allocations.
Performed second review of monthly valuations for hedge fund of funds which have multi-strategies and multi-classes with currency hedging and equalization, working closely with the custody team, monitoring trade activity up until the final contract notes are received and recorded correctly in the custody and accounting records.
Ensured that all fixed and net asset value based fees, such as administration, management, and performance fees in addition to the realized and unrealized gain/loss including new issues, had been booked correctly and allocated to the appropriate investors.
Provided indirect oversight of work off-shored to our global servicing center by reviewing the accuracy, quality, completeness and timing of their work in addition to communicating this to them verbally or in writing.
Ensured the funds are operating in accordance to their governing documents, board resolutions, side letters to properly reflect pricing, management fees, incentive fees, equalization, lockup periods and redemption fees.
Planned monthly work load and agenda, communicated this to the team by hosting meetings and delivering the work schedule in order to delegate the workload and cross train them for versatility, then provided daily oversight and guidance on accounting matters in order to gain efficiencies.
Evaluated, wrote and delivered performance reviews on a semi-annual basis for ten staff as well as challenge the team to solve problems by coaching and empowering them.
Member of the valuation review committee which oversaw the valuation of non-marketable securities held by clients’ portfolios, focusing on valuation methods and consistency of application, and adherence to internal review procedures.
Provided assistance to the business development team by helping to onboard clients in addition to attending presentations to new clients providing them with an overview of our structure, and setting their expectations.
Made sure that all external/internal audit requests were followed up and provided in a timely fashion in order to facilitate the interim as well as year-end audits, including compliance and regulatory reviews.
Major clients included a multi-strategy fund with Omega Advisors and healthcare funds with Orbimed Advisors, private investments with Laurus/Valens Capital Management and ten Focus Advisors fund of hedge funds.
Pershing IMS/Division of Credit Suisse First Boston 10/2000-09/2004
Senior Partnership and Portfolio Accountant
Provided all aspects of Partnership and Portfolio accounting to hedge fund managers.
Explained in detail any discrepancies and provide resolutions to their questions.
Organized data to fulfill and simplify the hedge fund managers reporting requirements.
Highly Proficient in Advent Partner and Axys software, which integrate together.
Provided advance notification of potential complications so fund managers can take action.
Goldstein Golub Kessler/Division of American Express Tax & Business Services, Inc. 09/1997-06/2000
Senior Associate/Auditor in Financial Services Group
Performed and supervised year-end audits of hedge funds and broker-dealers.
Prepared financial statements and footnote disclosures.
Prepared partnership, corporate and individual tax returns.
Performed detailed allocations of offshore and partnership funds.
Responsible to ensure that the limited partnership agreement was being applied objectively.
Glickman, Rubin & Gaft, CPA’S 03/1995-08/1997
Staff Accountant
Performed reviews and compilations on a monthly, quarterly and annual basis
Assisted in year-end certified audit examinations extending to preparation of the related tax returns.
Prepared independent financial statements from the adjusted books of original entry.
Prepared corporate, individual, partnership and fiduciary tax returns.
EDUCATION
Pace University, Lubin School of Business
Bachelor of Business Administration in Public Accounting
Uniform CPA Examination
Certified, State of New York
COMPUTER SKILLS
Microsoft Excel (vlookups, pivot tables) & Word (linking, pagination) Advent Geneva worked with project managers on the departmental rollout of new versions, Partner and Axys, Bloomberg, Go system Tax including a forty-six state tax return for a cosmetics company.
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