Karol Woś
New York,USA
Summary
Accomplished Hedge and Private Equity Fund Accountant with a proven track record at SS&C GlobeOp, adept in Geneva and Excel, showcasing advanced VBA automation to enhance reporting accuracy and efficiency. Demonstrated leadership in coordinating audits and financial statements preparation, achieving over 99% client satisfaction through effective communication and meticulous attention to detail.
Overview
14
14
years of professional experience
1
1
Certification
Work History
Hedge and Private Equity Fund Accountant (Manager)
SS&C GlobeOp
New York, USA
05.2022 - Current
- Accurately allocate portfolio P&L to investors utilizing Geneva World Investor (formerly known as Partner), ensuring timely and transparent reporting
- Calculate management fees
- Ensure accurate application of management and performance fee structures, verifying system updates
- (Fees structure changes)
- Validate and book beginning and end of month capital activities (confirm that investor capital activities are booked accurately and that they agree with notifications)
- Analyze and verify complex redemption scenarios, including those involving vague notifications or fund liquidations, ensuring compliance and accuracy
- Review investor statements (make sure statements agree with internal systems and calculations)
- Review Month End P&L, NAV, Cost, IA, MV reconciliations for several hedge funds and hybrids (Over 10 billion in AUM / 17+ funds)
- Supervise and coordinate (Ops, Valuations, Loans, OTC etc.) Month End process, resulting in consistently on-time and accurate financial reporting
- Lead Month End calls between internal teams and client
- Book and reconcile non trading accruals across funds (17+ hedge, PE and hybrid funds)
- Perform trial balance reconciliations including client specific P&L items (Geneva to Investran / Administrator to client)
- Prepare and review quarterly and year-end Financial Statements (hedge and hybrid funds)
- Work with client and auditor to produce accurate statements
- Support external and internal audits by preparing and delivering all required reports and documentation, ensuring compliance and timely completion
- Review NAV Transparency reports (monthly and quarterly reports)
Hedge and Private Equity Fund Accountant (Associate Manager)
SS&C GlobeOp
New York, USA
09.2019 - 05.2022
- Supervised and coordinated Month End process with internal teams (Ops, Valuations, Loans, OTC etc.)
- Led internal and external Month End calls between internal teams and the client
- Reconciled daily and monthly P&L, NAV, Cost, IA, and MV for multiple hedge funds and hybrid funds with over $10 billion in total assets, ensuring accuracy and compliance
- Performed trial balance reconciliations (Geneva to Investran/Administrator to client)
- Processed reorganizations/corporate actions in accordance with provided documentation and other support
- Helped with new funds or clients onboarding
- Aligned TBs, NAV, P&L, Cost, and MV with the former administrator’s and client’s books
- Ensured Geneva data match provided details
- Coordinated and supervised ME pricing processes (Model and Broker Quotes pricing)
- Performed monthly operating expense reconciliation
- Prepared and reviewed accruals and expense items
- Managed audit requests, ensuring timely delivery of all required reports and documentation for both internal and external audits, facilitating a smooth audit process
- Prepared and reviewed Financial Statements
- Worked with the client to produce accurate statements
- Automated 10+ daily and monthly tasks using VBA in Excel, Word, and Outlook, significantly reducing processing time and improving accuracy
- (VBA projects: Excel, Word, Outlook)
- Prepared, analyzed and reviewed NAV Transparency reports, released reports to investors
- Prepared monthly liquidity and leverage statistics based on internal and external regulations
- Monitored month-end closing deadlines and efficiency metrics (P&L, TB reconciliations, NTRs), proactively addressing potential delays and ensuring consistent on-time reporting
Hedge and Private Equity Fund Accountant (Senior Associate)
SS&C GlobeOp
New York, USA
10.2017 - 09.2019
- Performed daily and monthly P&L, NAV, Cost, IA, MV reconciliations for several hedge funds and hybrids with over $10 billion in total assets
- Performed trial balance reconciliations (Geneva to Investran / Administrator to client)
- Facilitated onboarding of new funds or clients
- Aligned TBs, NAV, P&L, Cost, and MV with former administrator’s and client’s books
- Ensured deadlines and regulations were met
- Coordinated and supervised ME pricing processes (Model and Broker Quotes pricing)
- Performed monthly operating expense reconciliation
- Supported external and internal audits by preparing and delivering all required reports and documentation, ensuring compliance and timely completion
- Automated certain daily and monthly tasks (VBA projects: Excel, Word, Outlook)
- Prepared, analyzed and reviewed NAV Transparency reports, released reports to investors
- Prepared monthly liquidity and leverage statistics based on internal and external regulations
- Monitored month-end closing deadlines and efficiency metrics (P&L, TB reconciliations, NTRs, Financial Statements), proactively addressing potential delays and ensuring consistent on-time reporting
Hedge Fund Accountant (Associate 2)
State Street Global Services, Alternative Investment Solutions
New York, USA
05.2014 - 10.2017
- Performed daily and monthly NAV reconciliations and administration, including Prime Brokers and bank debt cash, positions, unsettled positions, trading and non-trading accruals, P&L allocations, and investors’ statements checkers.
- Facilitated the onboarding of new funds and ensured compliance with the provided documentation.
- Prepared MBS pricing and ensured procedures met clients' guidelines.
- Provided aid in implementing regulatory reporting standards.
- Oversaw and trained staff, and ensured work was done accurately and on time.
NAV Associate II (IMS France)
State Street Bank GmbH, Poland Branch
Kraków, Poland
06.2011 - 05.2014
- Performed daily and weekly NAV reconciliations and administration for Mutual and Money Market Funds.
- Provided aid in preparing quarterly and annual reports for internal and external audits.
- Booked trading and non-trading accruals according to the provided schedules.
- Developed and strengthened relationships with clients and overseas colleagues in France, facilitating cross-functional collaboration and knowledge sharing through a two-week training program in Paris.
- Oversaw and trained colleagues to ensure all funds' valuations were completed accurately and in a timely manner based on the clients' requirements.
NAV Associate I (German FA department)
State Street Bank GmbH, Poland Branch
Kraków, Poland
09.2010 - 06.2011
- Performed daily NAV reconciliation and administration (mutual funds).
- Trained global staff, and ensured work was done accurately and on schedule.
- Worked with internal and external parties (custodians, transfer agents, operational team).
- Resolved an average of 10 client inquiries daily, escalating complex issues to appropriate teams, while maintaining a 99% client satisfaction rating.
Education
Master of Economics - Concentration in Real Estate Management
Uniwersytet Ekonomiczny w Krakowie
Kraków, Poland09.2010
International Exchange Program - Studied International Business and Management
Ecole Supérieure de Commerce et de Management
Poitiers, France04.2009
Skills
- Excel (advanced)
- Microsoft Office Suite (intermediate to advanced)
- Geneva (Advanced)
- Geneva World Investor (Advanced)
- VBA (Advanced)
- Python (intermediate)
- Audit coordination
- Financial reporting
Websites
Certification
Certified Financial Risk Manager (FRM), Global Association of Risk Professionals (GARP), New York, USA, 06/19, GARP ID: 518581
Languages
Polish
Native/ Bilingual
French
Limited
Timeline
Hedge and Private Equity Fund Accountant (Manager)
SS&C GlobeOp
05.2022 - Current
Hedge and Private Equity Fund Accountant (Associate Manager)
SS&C GlobeOp
09.2019 - 05.2022
Hedge and Private Equity Fund Accountant (Senior Associate)
SS&C GlobeOp
10.2017 - 09.2019
Hedge Fund Accountant (Associate 2)
State Street Global Services, Alternative Investment Solutions
05.2014 - 10.2017
NAV Associate II (IMS France)
State Street Bank GmbH, Poland Branch
06.2011 - 05.2014
NAV Associate I (German FA department)
State Street Bank GmbH, Poland Branch
09.2010 - 06.2011
Master of Economics - Concentration in Real Estate Management
Uniwersytet Ekonomiczny w Krakowie
International Exchange Program - Studied International Business and Management
Ecole Supérieure de Commerce et de Management
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