BASSAM ABDELDAYEM
Manager - Fund Accounting - Private Equity & Real Estate
Halifax
Summary
Dependable, experienced and focused accounting professional pursuing the CFA designation. Strong interpersonal communication and leadership skills. Ability to work under tight deadlines. Expertise with private equity and hedge fund accounting financial services.
Overview
8
8
years of professional experience
2
2
Certifications
2
2
Languages
Work History
Manager - Private Equity & Real Estate
The Catalyst Group
03.2024 - Current
- Assisted in the management of a team of fund accountants responsible for client deliverables such as NAV production, financial statements and associated reports.
- Review the work of junior colleagues to ensure completeness/accuracy of client deliverables.
- Assist superiors to ensure the team is appropriately trained, engaged and as efficient and effective as possible in achieving organizational targets and goals.
- Liaise with investment managers, brokers and auditors for day-to-day operational issues
- Work with internal teams, such as IO, finance, regulatory reporting and banking etc. to ensure all internal and external deliverables for the team are met.
- Participate in various system improvement initiatives, global and local initiatives as well as identifying and executing on efficiency improvements.
- Mentored junior staff and promoted knowledge-sharing across teams to build operational resilience and support professional development.
- Managed cross-functional coordination between Investor Services, Treasury and Operations to streamline fund administration and enhance service delivery.
- Oversaw fee structures including management fees and carried interest ensuring correct setup.
Senior Associate - Private Equity & Real Estate
The Catalyst Group
03.2022 - 03.2024
- Oversight the recording of journal entries and maintaining general ledger for assigned partnerships.
- Maintained a working understanding of the LPA and applied the terms to financial reporting and P&L allocations.
- Verified market value of portfolio and derivatives using independent pricing sources such as Bloomberg.
- Ensured workbooks and investor statements are reviewed prior to distribution to clients and investors.
- Coordinated with year-end audit preparation with client independent auditors.
- Assisted with business development, client specific reporting requests, and special projects.
- Maintained debt amortization schedules and booked monthly amortization entries.
- Prepared and reviewed monthly LOC and IRS statements of interest calculations.
- Coordinated processing of investor transactions and notices with the Transfer Agency team.
- Prepared capital call and distribution notices to partners.
- Reviewed quarterly valuations, providing training and insight where necessary and assisting management with firm operations.
- Prepared reconciliations of fund cash and investment positions to the prime broker/custodian accounts.
- Tracked fund level expenses, accruals, management fees and incentive fees.
- Maintained fund books and records in accordance with the Offering Memorandum and other constitutive documents.
- Updated general ledger with daily and monthly cash, positions and profit and loss (P&L) activity.
- Assisted with specialty and adhoc reports as requested.
Junior Associate Director - Private Equity & Real Estate
MUFG Fund Services
01.2022 - 03.2022
Senior Associate - Private Equity & Real Estate
MUFG Fund Services
11.2020 - 12.2021
Senior Fund Accountant - Private Equity & Real Estate
Maitland Group
07.2020 - 10.2020
Fund Accountant - Hedge Funds & Private Equity
Maitland Group
12.2017 - 07.2020
Education
Bachelor's of Commerce - Finance
Saint Mary’s University
Halifax, Nova Scotia05.2017
Skills
- Team Player
- Attention to Detail
- Time management
- Ability to Handle Pressure
Certification
Completed CFA Level I
Timeline
Manager - Private Equity & Real Estate
The Catalyst Group
03.2024 - Current
Senior Associate - Private Equity & Real Estate
The Catalyst Group
03.2022 - 03.2024
Junior Associate Director - Private Equity & Real Estate
MUFG Fund Services
01.2022 - 03.2022
Senior Associate - Private Equity & Real Estate
MUFG Fund Services
11.2020 - 12.2021
Senior Fund Accountant - Private Equity & Real Estate
Maitland Group
07.2020 - 10.2020
Fund Accountant - Hedge Funds & Private Equity
Maitland Group
12.2017 - 07.2020
Bachelor's of Commerce - Finance
Saint Mary’s University
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