What you'll do
- Assist with middle- and back-office operations and account services
- Record transactions and NAVs in portfolio management systems, including performance updates
- Liaise with investment managers and third-party administrators to ensure accurate transaction recording
- Review monthly closing packages for accuracy including capital and investment activity, accruals, valuation adjustments, and fee calculations
- Perform monthly reconciliations of positions, P&L, market values, and internal rate of return for funds
- Review quarterly financial statements and support year-end audit process with clients and auditors
Key requirements
- 0+ years' experience
- Microsoft Excel and portfolio management systems proficiency
- Quantitative analysis and financial statement review skills
- Attention to detail and time management
- Communication skills and collaboration
- Critical thinking and independent problem solving
- Capital call, distribution calculations, fee calculation review, and investor communication
- Finance / Economics / related fieldpreferred
About the job
The client operations team provides comprehensive middle- and back-office services for our investment management accounts. Working with the relevant administrator/custodian, the team oversees all aspects of investment execution as well as fund lifecycle (including fund liquidity, investor capital calls/distributions, credit facility draws/repayments, FX hedging, invoice processing). The team records commitments/subscriptions, cash flows, and NAVs based on information collected directly from the GP/fund manager or its administrator. For direct credit investments, the team oversees the third-party loan administrator. The team also liaises with the fund administrator and the external audit firm for each specific mandate to generate audited financial statements.
Position Overview
Aksia is seeking an Analyst to join our Athens Client Operations team. Ideal candidates will be highly detail oriented, possess excellent quantitative analysis skills, and be comfortable working in an ever-evolving environment. This position will be based in Aksia’s Athens office and will involve regular interaction with global colleagues and clients.
This role operates during the hours of 12:00PM – 8:00PM Greek local time.
Responsibilities
Assisting with middle- and back-office operations and account services.
Recording transactions and NAVs in Aksia’s portfolio management system, including updates impacting performance estimates.
Liaising with investment managers and third-party administrators to ensure proper recording of transactions.
Reviewing monthly closing packages for accuracy and completeness, including capital activity, investment activity, income and expense accruals, and valuation adjustments. Reviewing management fee calculations, including offsetable amounts and fee waivers. Reviewing capital call and distribution calculations, sources and uses of cash, allocations, and investor notices.
Performing monthly reconciliations of positions, P&L, market values, and internal rate of return for each fund of funds in client portfolios.
Reviewing quarterly financial statements, notes, disclosures and supporting schedules; supporting the year-end audit process in collaboration with clients, auditors, and service providers.
Qualifications
Undergraduate degree in Finance, Economics, or a related field, with a strong academic record
0–2 years of relevant experience (investment banking, credit analysis, or financial services internships considered)
Excellent written and verbal communication skills in English
High proficiency in Microsoft Office applications (especially Excel)
Strong attention to detail and ability to manage multiple tasks under time pressure
Collaborative, curious, and eager to learn in a fast-paced investment environment
Independent and critical thinking skills
Positive attitude
Team player
Strong work ethic
About the company
Aksia LLC, together with its wholly owned subsidiaries (collectively, “Aksia”) provides specialist alternative investment research and portfolio advisory solutions to institutional investors and we advise on $301 billion AUA and $25 billion AUM of client alternative allocations. We represent experienced pension plans, insurance companies, government-related institutions, endowments, foundations and superannuation funds. Aksia has over 460 employees who are located in seven offices across North America, Europe, and Asia, with headquarters in New York City and main offices in London and Tokyo.*
*All references herein refer to Aksia LLC, together with its wholly owned subsidiaries (collectively, “Aksia”). AUA/AUM is as of November 30, 2023. AUA is defined as the sum of the NAV and unfunded commitments of our clients' underlying investments. AUM is defined as the sum of the NAV and unfunded commitments of our clients' underlying investments and the amounts committed to an Aksia-managed vehicle but not yet committed to an underlying investment. AUA/AUM represents assets advised and/or managed by Aksia and tracked by Aksia’s Client Operations team. AUM includes all accounts where Aksia serves as the investment manager, whether in a fully discretionary manner or where the client retains veto/approval authority.. Number of professionals and experience is as of January 31, 2024.
About the company
Aksia LLC, together with its wholly owned subsidiaries (collectively, “Aksia”) provides specialist alternative investment research and portfolio advisory solutions to institutional investors and we advise on $301 billion AUA and $25 billion AUM of client alternative allocations. We represent experienced pension plans, insurance companies, government-related institutions, endowments, foundations and superannuation funds. Aksia has over 460 employees who are located in seven offices across North America, Europe, and Asia, with headquarters in New York City and main offices in London and Tokyo.*
*All references herein refer to Aksia LLC, together with its wholly owned subsidiaries (collectively, “Aksia”). AUA/AUM is as of November 30, 2023. AUA is defined as the sum of the NAV and unfunded commitments of our clients' underlying investments. AUM is defined as the sum of the NAV and unfunded commitments of our clients' underlying investments and the amounts committed to an Aksia-managed vehicle but not yet committed to an underlying investment. AUA/AUM represents assets advised and/or managed by Aksia and tracked by Aksia’s Client Operations team. AUM includes all accounts where Aksia serves as the investment manager, whether in a fully discretionary manner or where the client retains veto/approval authority.. Number of professionals and experience is as of January 31, 2024.