Hedge Fund Accountant Manager
Resume:
Michael A. Iglesias
Columbus, Ohio 43219
********.*******@*****.***
OBJECTIVE
To utilize extensive fund administration experience to increase productivity and procedural efficiency in a global organization.
EDUCATION
University of South Carolina, Columbia, SC
Bachelor of Business Administration, Finance
Graduated December 1999
GPA: 3.2/4.0
WORK EXPERIENCE
Sapphire Technologies
IT Project Lead (Citi Financial Services)
September 2008-May 2009
• Managed implementations of new technology applications for Citi’s mutual fund and registered hedge fund business units
• Directed and coached 15-30 consultants and full time employees to complete multiple concurrent initiatives set forth by senior management
• Developed new project plan procedures to standardize processes across IT support business lines
• Reviewed business requirements and developed scope of project to ensure concentrated focus on objective, timely completion, and within budget
• Managed projects with non-Citi vendors adhering to and monitoring costs
JPMorgan Hedge Fund Services, Boston, Mass
Hedge Fund Implementation Manager
January 2007-January 2008
• Managed new launches from existing and new clients onto JPMorgan’s existing accounting platform
• Transitioned existing funds from outgoing administrators for existing and new clients
• Setup accounting system within Geneva accounting mainframe
• Transferred Agency system setup with equalization, partnership, private equity and series funds
• Opened new bank accounts and implemented procedures
• Transitioned Accounting and Transfer Agency Information from outgoing administrators
• Interacted with operations, accounting, transfer agency, legal and IT teams
Caledonian, Georgetown, Grand Cayman
Senior Fund Accountant
January 2005 – November 2007
• Determined Net Asset Values for Hedge Fund clients on a monthly, weekly, and daily basis.
• Acted as primary point of contact to Hedge Fund Managers located in Europe for queries regarding administration services.
• Analyzed the periodic profit and loss activity of Hedge Fund clients, utilizing the Advent Geneva fund accounting system.
• Performed reconciliations to prime broker and/or portfolio manager.
• Computed income and expense accruals.
• Calculated Asset Based Fees according to offering documentation.
• Applied investor contributions and withdrawals on a dealing-day basis.
• Determined economic allocations of profit and loss for partners.
• Applied a Series or Equalization method of performance fee calculation, based on each fund’s offering documentation, for Hedge Fund clients.
• Assisted with computation of tax allocations and adjustments as well as preparation of tax reporting to clients.
• Prepared monthly Net Asset Value file packages for clients.
• Kept management up-to-date with fund developments and addressing any problems or concerns in a timely manner.
• Assisted with special projects as directed.
Bisys, Hamilton, Bermuda
Fund Accountant
November 2003 – December 2004
• Determined Net Asset Values for Hedge Fund clients on a monthly, weekly, and daily basis.
• Actively communicated with clients, addressing topics and concerns as needed.
• Independently priced portfolios of securities.
• Performed reconciliations with portfolio manager’s data.
• Calculated Asset Based Fees according to offering documentation.
• Prepared monthly reporting for funds managed.
• Assisted with special projects as directed.
PFPC, Wilmington, DE
Senior Investment Accountant
March 2000 – November 2003
• Performed all accounting and reporting functions for a six-class reverse Master-feeder equity mutual fund.
• Prepared the fund’s monthly financial statements, statement of investments, and tax forms, meeting daily, weekly, monthly, semi-annual, and annual deadlines as required.
• Prepared all the analytical statements and schedules for the semi-annual and annual fund performance reports.
• Prepared daily, weekly, and monthly bank and pricing reconciliations.
• Managed accounting for the highest yielding small-capital mutual fund listed on the NYSE at the time.
• Responsible for calculating daily Net Asset Value and monthly yield reports required by the SEC.
• Trained and assisted newly hired fund accountants.
COMPUTER SKILLS
• Advent Geneva
• Excel
• PowerPoint
• Word and WordPerfect
• Accounting systems: Reuters, Bloomberg –MStar, EAGLE, MShare, MPartner and IAS
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